Global economy and finance
  • While China cut interest rates over the weekend, the Fed is expected to raise interest rates later this year.

    Multiple denomination U.S. dollar bills sit on top of Swiss franc bank notes in this arranged photograph inside a currency exchange store in London, U.K., on Friday, Jan. 16, 2015.
    LAST UPDATE : Mar 02, 2015, 3:38 PM EST
  • Imperatriz Samba School revellers perform in Rio’s Carnival, Brazil, February 21, 2015. YASUYOSHI CHIBA/AFP/Getty Images

    Nearly one million visitors attended Rio’s Carnival, generating $782 million in revenue for the city.Global Economy,Bahamas,Brazil,Carnival,Mardi Gras,Toronto,Tourism,Trinidad & Tobago,Michael Lerner

    Published Date : Feb 27, 2015, 4:36 PM EST
  • Gas prices in Flint, Michigan after oil dropped below $50/barrel, January 6, 2015. Joshua Lott/Getty Images

    Saudi Arabia's short-term geopolitics is behind the fall in oil prices, and it's not sustainable.Global Economy,deficit,economy,oil,Saudi Arabia,stimulus,United States,Guest Contributor

    Published Date : Feb 11, 2015, 2:57 PM EST
  • The CEO of the Carlyle Group Co, David Rubenstein, in Davos, January 21, 2015. FABRICE COFFRINI/AFP/Getty Images

    Private equity firms loan indebted oil firms badly needed funds in exchange for ownership stakes.Global Economy,Apollo Global Management,banks,Blackstone Group,Carlyle Group,Corporate finance,Debt,energy industry,Highbridge Capital Management,KKR,oil,Private equity,Guest Contributor

    Published Date : Feb 05, 2015, 2:32 PM EST