At the annual meeting of the American Economic Association in San Diego (January 4-6, 2013), Harvard professor of economics Benjamin Friedman said, “The standard models we teach … simply have no ro
With no-fault auto insurance premiums that are among the highest in the nation, Michigan lawmakers should act to grant consumers more choice and to control the sky-rocketing cost of medical claims,
The Board of Governors of Florida’s Citizens Property Insurance Corp. has voted to transfer $30 billion of hurricane exposure from the state-run insurer to Florida-based Weston Insurance Co.
French president Francois Hollande’s statement that the euro should not fluctuate according to the mood of the market; the complaint by Eurogroup president Jean-Claude Juncker about the euro being
The Consumer Financial Protection Bureau is launching an inquiry into the impact of financial products marketed to students through colleges and universities.
The Bundesbank (the German central bank) surprised markets around the world in January by announcing it will repatriate a sizable portion of its gold bullion reserves held in France and the United