On the meaning of inflation, and economic history, a benchmark revision. Is there a coming boom in US productivity? Broken job ladders and the Great Recession. Five years after the crisis, in charts. A family that spent like the federal government would be a very weird family. Verizon borrows $49bn in bond market record: "The world's largest debt sale was completed on Wednesday when Verizon sold $49bn worth of bonds amid strong investor demand that could mark a turning point for the corporate debt market." Libor control to remain in London: "Brussels has ditched its plan to put the scandal-mired Libor lending rate under the direct control of a European supervisor in Paris, in a concession that removes a serious political nuisance for Britain." Derivatives move from banks into the shadows: "Shadow financial institutions have taken advantage of the wave of new regulation to steal the lion's share of the derivatives business from the major banks in a blow to those institutions" profitability, according to traders. This entry was posted by FT Alphaville on Wednesday September 11th, 2013 22:10.