The markets have calmed from their post-election downturn. Businesses are now shifting their attention to the fiscal cliff negotiations that will decide the fate of the U.S. economy.
The prospect of automatic tax increases and budget cuts creates uncertainty, holding back investment and hiring. Companies also are preparing to make their case to Congress for how to avoid the fiscal cliff entirely.
Former Federal Reserve Chairman Paul Volcker and his biographer Bill Silber sit down for an interview on the economy, financial regulation, and why U.S. presidents still call on the former Fed chief.
The Federal Reserve announced its third round of quantitative easing Thursday to help stimulate the economy. You've heard the explainers. You've seen the videos. Now, let's review all the analogies.