The Fed's recent decision to raise the federal funds rate may have unintended consequences.

An extended period of moderate growth, neither too fast to excite inflation pressures nor too slow to threaten profits, has supported both the stock and bond markets.

Financial markets have spent the first six weeks of 1995 celebrating a "soft landing."

Today with GDP growth slowing, the rupee softening and the stock market in a funk, it's time to reassess Prime Minister Manmohan Singh's record.

U.S. policymakers must kick-start a Latin America policy to be prepared to clean up the toxic waste left by 14 years of Chávez's anti-American activism.

Conventional wisdom holds that the Navy and Air Force escaped the budget drill mostly intact while the Army endured the bulk of cuts. But the truth is that all of the services are shrinking and aging under the Obama budget.

Whatever happens to the ailing leader, the fact remains that Chávez's regime has outlived its viability, and no Venezuelan should waste a moment pretending that they will mourn its passing.

Chinese authorities are regressing to the blunt instrument of administrative credit and investment controls, whereby the government dictates to the banks how much they might lend.