Economy

It's difficult to say whether the first six months of the year have lived up to our fears or down to our expectations. What an interesting time to take over as editor of Treasury & Risk.

Even if the economy does an about-face and returns to health, don't expect profit growth anytime soon.

Treasurers and C-level executives have gone from greedy for yield to cautious about liquidity, and in the last six months have shifted their cash and short-term investments to bank deposits, money market mutual funds and treasury bills.

Inflation is accelerating around the globe, but most dramatically in commodity-based economies. Central bankers have their work cut out for them.

Recession Woe, Inflation Fear, Oil Worry

After minding American Express' bottom line as comptroller and as a division CFO, corporate finance chief Dan Henry doesn't worry as much about the economy as he does about issues he can control.