While tax rebate checks may boost growth slightly, the persistent drag from wealth losses will undercut the Fed's forecast for a sustainable growth rebound.

How can a country that aspires to be a global power be scared of a big-box store? It's a question worth pondering as New Delhi's long-delayed decision last week to open the retail business to foreign investors unleashes a predictable firestorm of protest.

Consider an ambitious United Nations effort that, while not widely known in the U.S., has implications for developing world economic growth and for American taxpayers.

China's inflation rate has reached a point where it is sparking social unrest. The world's second-largest economy faces some fundamental choices if it is to restore stability.

Despite predictions, both the broad trade-weighted dollar and the dollar exchange rate against other major currencies such as the yen and the euro have been remarkably stable.

Availability of technology alone cannot compensate for the absence of enabling institutions in a society.

The United States and China both seek to preserve their own wealth, but each country has much to teach the other.

Enhancing the international competitiveness of the American economy and capital markets needs to be a priority for both parties.