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Goldman turns 'upbeat' on U.S. recovery
The U.S. recovery is picking up steam, economists at Goldman Sachs said Wednesday in raising their growth forecasts for 2011 and 2012. They raised their 2011 forecast for inflation-adjusted U.S. growth...
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Snow! Oil! Spending cuts! The folly of GDP predictions
The fragile U.S. economy still faces headwinds, but just how much will they hinder growth? No one's quite sure, but everyone has an opinion. Economists are still kicking themselves for failing to...
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IMF hikes oil price forecast by 20%
This year's oil price spike has dragged the IMF kicking and screaming into the world of overstressed energy markets. The International Monetary Fund said Monday that it expects the global oil price to...
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The bad news on jobs
Don't let the biggest monthly jobs gain in five years fool you. Dark clouds on the horizon are getting harder to ignore. Economists at Goldman Sachs and Morgan Stanley have certainly noticed. They cut...
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Here comes the big profit lie
Wall Street expects corporate miracles in 2012, and that means trouble. By Geoff Colvin, senior editor-at-large FORTUNE -- Brace yourself for an increase in stupid, misleading, or illegal action by...
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Internet insecurity may cost the world trillions by 2030
In the techno-utopia envisioned by today’s Silicon Valley entrepreneurs, investors, and ideologues, seemingly nothing can stop the onslaught of Progress as writ through connected electronics. In this...
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