globalization

The U.S. set the forces of globalization in motion, and now more than ever, it's clear we're suffering the consequences: high unemployment, stagnant or declining incomes, and rising costs for goods. Can the policies of the surging Tea Party provide solutions, or will they just make matters worse?

Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives worldwide also showed that many have serious concerns about such vehicles' affordability.

Former US Treasury Secretary Robert Rubin today painted a grim picture of the global economy. In the West, he said, economic growth is unlikely to return to earlier, more robust levels anytime soon.

There's an old adage, "Be careful what you wish for: You might get it." And so, with the Tea Party's free-market philosophy triumphant, the group is now blaming the federal government for the unemployment their vaunted free market put in motion.

The third quarter's 3.5 percent GDP increase signaled to many that the recession had ended. But that figure was revised downward to 2.8 percent, and then again to 2.2 percent. That calls into question the data collection process and the value of these "headline" numbers.

The current recession has stoked deep-seated fears about a declining middle class. A great collective anxiety about such a decline has been floating around for years now, and for good reason. As abundant data make clear, middle class families are being squeezed by stagnant incomes and rising...

Globalization, basically international trade and the transfer of jobs to lower-cost centers, shifted into fifth gear during the recent economic expansion, with record hemisphere-to-hemisphere business. Moreover, while economists expect trade to rev-up again as the global economic recovery starts,...

During globalization's initial growth period many believed that the U.S.'s loss is China's gain. However, the compelling question for investors in globalization's next wave may very well be: Will China's gain be the U.S.'s gain, too? The question is on the mind of investors and executives alike as...

Sometimes, the global recession looks to be the result of a complex mosaic of different causes and starting points. Other times, it looks as if it took just one link, or chain of events, to set in motion all of the downside that every nation is experiencing today. That pattern, which wasn't...

The Dow continued to fall the first day of March, as it did in February, as it did in January, as it has done for 18 months, basically, since peaking above 14,000 in the second half of 2007. What's more, February's plummet, like January's swoon, was another double-digit loss -- a drop of 11.7...