TIME’s assistant managing editor in charge of economics and business.
Yellen for America
Forget the White House or Congress. The Fed is now our most powerful political institution
Rana Foroohar
Articles from Contributor
I’m Not Wild About Larry
When it’s time for a new Federal Reserve chief, Yellen is a far smarter pick than Summers.
How Germany can Save the Euro
If Germans insist on austerity elsewhere in Europe, they must spend more at home or risk losing the common currency they need more than anyone else.
Four Reasons Why Jeff Bezos and the Washington Post Will Be a Good Match
The announcement that the Amazon billionaire would buy the newspaper is reason to cheer, since it may mean that better days are ahead for the legendary U.S. daily.
20 Words That Will Make or Break Financial Reform
In the next week, a fight over some 20 words in the Dodd-Frank bill will come to a head over whether the new rules on derivatives will apply only in the U.S., or internationally
It’s Official: Tech Has Replaced Banking as the New Corporate Bad Guy
Here are four things you need to know as Apple CEO Tim Cook faces a Capitol Hill grilling today.
Republicans Seem to Be Out of Economic Ideas — Here Are Two Suggestions
Belief in austerity persists because there’s a certain grim moral justice in the idea that debtor nations should pay for their crimes with deep, painful forced cuts. Justice aside, austerity is a failed economic concept.
Stop Bemoaning the New GDP Numbers: It’s Good News
2.5% GDP growth is positive news
The Risks of Reviving a Revived Economy
The 2% economy—what caused this slow-growth cycle and what might cure it—was the make-or-break issue of the 2012 presidential election. It’s also the most pressing issue for the President now.
Warren Buffett Ready to Take Republicans’ Tax Challenge
Updated, 6:10 p.m. E.T.
Warren Buffett is ready to call Republicans’ tax bluff. Last fall, Senator Mitch McConnell said that if Buffett were feeling “guilty” about paying too little in taxes, he should “send in a …