News
Market Watch | Gasoline drop keeps consumer prices flat in April
Consumer prices were unchanged in April as a drop in gasoline offset rising food, apparel and car prices, according to data released Tuesday.
Market Watch | Euro hits lowest level since Jan. on Greece worry
The euro fell sharply against the dollar on Tuesday following reports that Greek politicians failed to form a coalition government, making it more likely that new elections will be called for next month and adding to traders’ uncertainty until then.
Econ Comments & Analysis
Real Clear Markets | Deflation: The Most Misunderstood Word In Economics
Rarely does a week go by without some financial or economic commentator proclaiming what is impossible; specifically that we're experiencing or that we're going to experience both inflation and deflation together. MarketWatch columnist Robert Powell is the latest to make such an odd statement.
Market Watch | Fed governor: Rule uncertainty impedes lending
Lenders are being overly conservative when they decide on what loans to make -- a situation that is being driven largely by regulatory uncertainty, Federal Reserve Governor Elizabeth Duke said in a speech Tuesday.
Blogs
Free Banking | Krugman's Misreading of US Banking History
In his NY Times column Sunday, Paul Krugman tries, in vain, to construct a case for bank regulation in light of the problems at JP Morgan. As usual with Krugman, there’s much to disagree with, but I want to focus on his utterly ham-handed version of the history of US banking, which bears shockingly little resemblance to reality.
