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Goldman Sachs chief economist Jan Hatzius proposes designing a new Financial Conditions Index (FCI) to be a weighted-average of interest rates, exchange rat

U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa

Main reasons for share repurchases Temporary market undervaluation often induces corporate incumbents to initiate a share repurchase program to boost the

A physicist derives a mathematical formula that success equates the product of both personal quality and the potential value of a random idea. As a Northeas

Amazon, Berkshire Hathaway, and JPMorgan Chase establish a new company to reduce U.S. employee health care costs in negotiations with drugmakers, doctors, a

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