Economy

Like Alan Greenspan before her, Janet Yellen faces the possibility that the Fed can't actually control long-term interest rates.

Companies store up cash in an effort to improve the predictability of their business, but in the long run, cash hoarding may have the opposite effect.

Companies store up cash in an effort to improve the predictability of their business, but in the long run, cash hoarding may have the opposite effect.

$113 billion bet on high-grade debt may put investors at particular risk as interest rates rise.

$113 billion bet on high-grade debt may put investors at particular risk as interest rates rise.

Riskiest debtors aren't growing fast enough to pay down borrowings.

Riskiest debtors aren't growing fast enough to pay down borrowings.

As revenues continue to decline, IBM's CEO says the company won't hit its original 2015 EPS target; CFO says they're unlikely to set a replacement goal.