"For an old government man like me, it doesn't look very good. Let's hope it gets better," Volcker told Dalio in a new ...

Before the 1970s currency markets were near non-existent. There was really no reason for them as currencies were concepts, or measures of value. The dollar was defined as 1/35 th of a gold ounce, and ...

The Chinese government forbids foreign ownership of a broad range of Chinese businesses, including those that run websites. Despite this, despite endless rules meant to repel foreign capital migrating ...

Former Federal Reserve Board chairman Paul Volcker said that despite the messiness and unpredictability of the financial reform process in Washington, the U.S. is on the verge of becoming an example ...

Economist Paul Adolph Volcker Jr., former chairman of the Federal Reserve under U.S. presidents Jimmy Carter and Ronald Reagan has died at the age of 92. Widely credited with having ended the high ...

Paul Volcker is back in the limelight after Federal Reserve Chair Jerome Powell approvingly cited his interest rate-hiking flurry to tame inflation back in the 1970s. But what’s less talked about is ...

It will always be saved. By Kyla Scanlon Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance. By Jeff Sommer Consensus may be a ...

The interest rate on the 10-year U.S. Treasury note hovers around 1.75% while the annual rate of inflation nears 7%, suggesting that investors believe high inflation is temporary. Evidently the market ...

Updated at 10:30 a.m. ET Former Federal Reserve Chairman Paul Volcker, the closest thing to a rock star economist this country has seen, died Monday at 92, NPR has confirmed. He reportedly had ...