ECONOMY

French economist Jean Tirole won the Nobel prize for economics Monday for research on market power and regulation in industries dominated by a few powerful companies. The undated photo was provided by the Toulouse School of Economics.

Economy

French Economist Wins Nobel For Work On Regulating Big Business

1:15pm October 13, 2014

by Bill Chappell

The Nobel committee said Jean Tirole has helped to reshape regulators' policies with his idea that the same rules have different effects — good and bad — in different industries.

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Speculation Abounds Over Who Will Win Economics Nobel

9:42am October 13, 2014

by Jim Zarroli

The top contenders for the Nobel Prize in economics are said to be a pair of NYU professors who study entrepreneurship, and a Stanford researcher who did pioneering work into economic sociology.

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French Economist Wins Nobel For Market Power And Regulation Research

9:42am October 13, 2014

by Jim Zarroli

French economist Jean Tirole, 61, works at the Toulouse School of Economics in France. The economics prize completed the 2014 Nobel Prize announcements.

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'Bad Paper' Explores The Underworld Of Debt Collection

11:47am October 11, 2014

In his new book, Jake Halpern looks at the industry, where having a criminal background is no barrier to entry. He explains debt buying and how little regulation gave rise to a chaotic marketplace.

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Broad channels of short-term economic impact from the Ebola epidemic, as laid out in the World Bank report. For a larger version, click here.

World Bank Says Ebola Could Inflict Enormous Economic Losses

6:43am October 09, 2014

by Marilyn Geewax

In 2013, Sierra Leone and Liberia ranked second and sixth among countries with the highest GDP growth in the world. But that growth has stopped because of the deadly Ebola virus.

Economy

Disease, War And Terrorism Are Dimming Economic Prospects, Especially In Africa

10:34am October 08, 2014

by Marilyn Geewax

The International Monetary Fund issued a gloomy forecast and stock investors reacted. By the market's close, the Dow Jones industrial average had tumbled 272.58 points, or 1.6 percent

Yoram Bauman jokes about "hyperinflation in hell" and on earth. Case in point: the Zimbabwe hundred-trillion-dollar note.

So A Global Economist Walks Into A Comedy Club ...

8:49am October 08, 2014

by Eleanor Klibanoff

Yoram Bauman is an economist. And a stand-up comic. Who makes jokes about climate change and global development, among other topics. At the Inter-American Development Bank this week, he killed!

Meg Whitman, the current president and CEO of Hewlett-Packard, will lead one of the two companies the tech giant is creating by dividing its corporate services and printing/PC units.

Economy

Hewlett-Packard Will Split Into Two Companies

6:30pm October 06, 2014

by Bill Chappell

The ailing company that was founded 75 years ago has laid off more than 40,000 workers in recent years. Mergers that were meant to help it compete have not panned out.

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Atlantic City Falls From Glittering Resort To Bargain Basement

1:51pm October 06, 2014

by Scott Simon

With four casinos shuttered, a fifth on the brink and 7,000 jobs lost, the once-glittery Atlantic City ponders a path to the future.

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Ben Bernanke stepped down as the chairman of the Federal Reserve in January. He told an audience in Chicago on Thursday that he has had trouble refinancing his home.

How Tough Is The Mortgage Market? Even Bernanke Can't Get Refinanced

1:51pm October 03, 2014

by Krishnadev Calamur

The former Fed chair told an audience in Chicago that he was unable to refinance his home loan, adding that lenders "may have gone a little bit too far on mortgage credit conditions."