David R. Sands
Articles by David R. Sands
Russian government strike fails to halt ruble’s slide
A sharp overnight hike in interest rates by Russia's central bank has failed to halt a record slide in the value of the ruble, which after a brief rally has fallen more than 11 percent against the dollar Tuesday in the face of intense selling by speculators. Published December 16, 2014
Russia central bank hikes interest rates to save ruble
Acting at an unannounced meeting after the markets had closed, Russia's central bank Monday sharply raised a key interest rate to fight currency speculators and prevent a further collapse in the value of the ruble. Published December 15, 2014
Minimum wage hike killed jobs, hurt low-skilled workers: study
In one of the most rigorous studies of its kind, two economists have concluded that an increase in the federal minimum wage in the mid-2000s resulted in substantial job losses and lower net income for the low-skilled workers the hike was supposed to benefit. Published December 12, 2014
Oil prices plummet worldwide as OPEC infighting intensifies
As the infighting among the world's oil producers heats up, the global price of oil is heading down. Published December 10, 2014
DAVID R. SANDS: Problematic chess results when a composer and a champion collide
They were champions in two very different realms of the game, so it was perhaps no great surprise that Wilhelm Steinitz and Sam Loyd enjoyed a not-so-friendly rivalry at times. Published December 10, 2014
China: Torture report undercuts U.S. on rights
There were no immediate reports of violence, but America's image took a hit overseas nonetheless Tuesday with the release of the Senate Intelligence Committee's findings on torture and the treatment of detainees by the CIA in the post-9/11 global war on terror. Published December 9, 2014
U.N. revives suspended food aid for Syrian refugees
Just over a week after cutting off critical food aid to some 1.7 million refugees of the Syrian civil war because of a lack of international contributions, the U.N.'s World Food Program announced Tuesday morning it had found the money to resume the program. Published December 9, 2014
U.S. economy set for growth, hiring in 2015, financial executives predict
The nation's financial executives are the latest group to predict even better times to come for the U.S. economy. In a new membership poll being released Tuesday, the industry's trade group says it sees growing payrolls, solid growth and continued low inflation in 2015. Published December 9, 2014
Benefit corporations raise legal, regulatory questions
The sharp rise in the number of benefit corporations has also led to some sharp questions about whether the socially-conscious but for-profit companies are delivering on their promises. Published December 7, 2014
Hiring surges as U.S. unemployment stays steady at 5.8 percent
The U.S. economy added a whopping 321,000 jobs in November -- far more than analysts had expected -- although the national jobless rate remained stuck at 5.8 percent, the Labor Department reported Friday. Published December 5, 2014
DAVID R. SANDS: Rating the field for the chess champ’s next challenger
Just as in politics, the pundits can barely wait until the votes are counted in one election before they start speculating on who might be the front-runners for the next cycle. Published December 2, 2014
DAVID R. SANDS: A tougher fight, but Magnus Carlsen prevails to retain world chess crown
It proved harder to retain the crown than it was to win it, but Norwegian world champ Magnus Carlsen managed the feat with a tough 6-4 title defense over Indian challenger Viswanathan Anand Sunday in Sochi, Russia. Published November 25, 2014
Carlsen retains world chess title with Game 11 victory over challenger Anand
With a dramatic win in Sunday's Game 11, Norwegian chess world champion Magnus Carlsen has successfully defended his crown against challenger Viswanathan Anand of India in their title match in Sochi, Russia. Published November 23, 2014
Did champ fall asleep during chess title match game?
It may have been the oddest time for a quick power nap ever. Social media in the chess world is still buzzing over pictures that appear to show world chess champion Magnus Carlsen of Norway actually falling asleep at the board during this week's Game 8 of his world championship match with Indian challenger Viswanathan Anand of India in Sochi, Russia. Published November 20, 2014
Pressure grows on challenger Anand after draw in chess title match
Time may be running out for Indian challenger Viswanathan Anand after he and defending champion Magnus Carlsen of Norway agreed to a draw after just 20 moves in Game 9 of their scheduled 12-game title match in Sochi, Russia Thursday. Published November 20, 2014
DAVID R. SANDS: Magnus Carlsen clings to lead in world title chess match after epic draw
It took 122 moves of grinding defense, but Indian challenger Viswanathan Anand may have claimed a little momentum Monday in drawing Game 7 with world champion Magnus Carlsen in their scheduled 12-game title match in Sochi, Russia. With the draw, Carlsen now enjoys a 4-3 edge, with two wins, four draws and a loss in the match's first seven games. Published November 19, 2014
Carlsen keeps chess title match lead with quiet draw in Game 8
World chess champion Magnus Carlsen came up with a much better defense to his opponent's Queen's Gambit opening and secured an easy 41-move draw in Game 8 of his title match with Indian challenger Viswanathan Anand in Sochi, Russia Tuesday. Published November 18, 2014
Anand holds Carlsen to draw in epic 122-move game
It took 122 moves of grinding defense, but Indian challenger Viswanathan Anand may have claimed a little momentum Monday in drawing Game 7 with world champion Magnus Carlsen in their scheduled 12-game title match in Sochi, Russia. Published November 17, 2014
Carlsen wins error-filled game to seize chess title match lead
The grandmasters proved they were human as world chess champion Magnus Carlsen defeated Indian challenger Viswanathan Anand in a blunder-filled Game 6 of their championship match in 38 moves Saturday in Sochi, Russia. Published November 15, 2014
Chess title match remains knotted as Carlsen, Anand draw in Game 5
Navigating a few tricky middle-game shoals, world chess champion Magnus Carlsen held challenger Viswanathan Anand to a 39-move draw Friday in Game 5 of their scheduled 12-round title match in Sochi, Russia. Published November 14, 2014
