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Copyright 2015 Bloomberg. NJ9UPQ6JTSEI (Bloomberg Business) — The world economy is still built on debt. That’s the warning today from McKinsey & Co.’s research division which estimates that since 2007, the IOUs of governments, companies, households and financial firms in 47 countries has grown by $57 trillion to $199 trillion, a

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Business Headlines

published Dec 19th 2016, 12:53 pm, by Oliver Renick (Bloomberg) —U.S. stocks inched higher as investors assessed a rally that has lifted equities to record levels in the past month. The S&P 500 Index added 0.2 percent to 2,262.84 at 1:15 p.m. in New York. The benchmark gauge fell 0.2

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