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Key PointsMany investors react to bear markets by selling their stocks and sitting on cash.
HSBC will phase out fixed-pay allowances for its senior staff and instead hand out a greater proportion of its compensation in the form of bonuses, becoming the latest UK lender to switch to Wall…
Americans Robert Hall and Michael Woodford were awarded the Nobel economics prize on Monday for their work on how monetary and fiscal policy can better stabilise disruptive economic fluctuations.
Independent estimates call for Social Security benefits to rise by 3.5% in 2027 -- but this isn’t the biggest story.
JP Morgan said Asia’s expansion was “broadening from an overwhelmingly tech-led export boom towards more balanced growth from tech.”
American-born economists' models have helped governments and central banks manage economic shocks and "smooth out the economy's peaks and troughs," says Royal Swedish Academy of Sciences.
