Finance & economics
STIK shift
How economists have underestimated Chinese consumption
The surprising relevance of state-subsidised spicy cucumber
Golden Goldin
Claudia Goldin wins the Nobel prize in economics
Her work has overturned assumptions about gender equality
It just keeps going
A jobs bonanza stirs fears the American economy is overheating
Study the new figures more closely, though, and inflation looks like less of a problem
Free exchange
To understand America’s job market, look beyond unemployed workers
Why talk of a skills shortage is overblown
Red letter pay
China’s greying population is refusing to save for retirement
Much to the frustration of the country’s policymakers
A $24bn decision
Why India hopes to make it into more big financial indices
Will others follow the example of JPMorgan Chase?
Buttonwood
Why investors cannot escape China exposure
The country’s minuscule stockmarket is only the start of the story
All at once
A surge in global bond yields threatens trouble
Investors fear markets are in for a turbulent time
Drill thrill
Oil prices fall, defying suggestions of a $100 barrel
But bulls argue the landmark remains possible
Green light
How carbon prices are taking over the world
A quarter of global emissions are now covered, and the share is rising fast
Buttonwood
Investors’ enthusiasm for Japanese stocks has gone overboard
Speculators have flocked to the country’s markets this year. They may soon regret it
Better off without you
Sri Lanka shows how broken debt negotiations have become
The country’s creditors decide they have no choice but to freeze out China