Author : EW News Desk Team

Forget the calls by many Chinese patients for more honest, better-qualified doctors. What Shenyang, China's 27 public hospitals really needed, officials decided this summer , was police officers. And...

A string of developments has altered the sentiment within the central bank, leading Fed policy makers to stop worrying for the moment about the increasingly remote prospect of inflation....

The two-year contract. To the cellphone carriers, it is the centerpiece of their business model, promising a steady stream of revenue by handcuffing customers to their phones. On the...

Business productivity fell for the first time in 18 months in the second quarter and labor costs were flat, according to government data released earlier this summer. Productivity declined...

As 2010 began, there was nearly unanimous agreement in financial circles on at least one thing: Interest rates were sure to rise during the year. For good or ill,...

The roots of the mortgage crisis are well known — overly aggressive lenders, overly optimistic borrowers and lax regulation of financial firms. But as policymakers search for a resolution,...

For decades, Israelis have taken perverse pride in what they lacked — oil and gas deposits. Few countries had looked so hard with so little result. Obliged to live...

Profits of corporate America have been rising at an impressive clip. But sales have not risen nearly as rapidly. As a result, profit margins for companies in the Standard...

Not long ago, China and the British-Australian mining giant Rio Tinto seemed to be locked in battle, as we documented here in Economy Watch. First, Rio rebuffed a proposed...

Welcome to to the REAL world of the US tax system, aka trickle-up economics: the idea that tax cuts for the middle class and poorer also help the rich. This...