While overt racism may be on the wane in the US, research suggests it remains just below the surface.
The US Federal Reserve’s attempts to boost economic growth through market intervention in recent years have prompted heated debate among economists and lawmakers.
In recent years, as newspapers and magazines have slashed their reporting staffs and, in some cases, shut their doors, many observers have prophesied the death of "good journalism."
There is no shortage of money managers who claim they can beat market benchmarks, some with impressive track records.
A fund’s ability to beat its benchmark tends to deteriorate as the fund gets older, in part because of the continued arrival of new competitors.
In the model, the mismatch between assets (loans) and liabilities (deposits) is simply a liquidity issue, which deposit insurance can help address.