Heat Wave Continues Scorching North Africa
After setting record-breaking levels in the first week of July, temperatures in North Africa have moderated only a little. The high Wednesday was just a few degrees short of the all-time high set less…
Economy
All Economy Articles
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Fed Chair Powell Maintains Path for Gradual Rate Hikes in 2018 and Beyond
To hike or not to hike, that is the question some investors have for the Federal Reserve regarding their stance on U.S. interest rates and monetary policy.
The World’s 10 Best Metro Economies
The world's cities are now home to more than half of the global population and the 300 largest cities account for nearly half of all global growth in employment and GDP per capita.
IMF Expects US to Be Fine
The IMF's World Economic Outlook Update finds the global and U.S. economies in good shape but offered some new warnings.
Retail Spending Jumps Again in June: Census Bureau
The Census Bureau's advance report on June retail sales showed a year-over-year gain of 6.6% and a month-over-month increase of 0.5%. The U.S. economy continues to rock along.
Detroit, Still Dead, Struggles With Population, Poverty, Blighted Housing
Downtown Detroit has had a renaissance. Much of the balance of the 139 square miles inside the city limits is blighted by poverty, a shrinking population and thousands of houses that need to be…
July Consumer Sentiment Dips on Trade Concerns
The University of Michigan consumer sentiment index dipped more than 1% in the preliminary July reading but is still 4% higher than the July 2017 index.
Under the Radar: The Supreme Court Decision Brett Kavanaugh Is Most Likely to Overrule
William Galston of the Brookings Institution argues that if Brett Kavanaugh is confirmed as an associate justice of the U.S. Supreme Court, the issue he may vote overrule is not Roe v. Wade.
US to Impose Tariffs on $250 Billion Worth of Chinese Goods–How Much Is That, Exactly?
Whether or not you agree with the new tariff policy, one thing that everyone can agree on is that $250 billion is a lot of money.
As Trade Wars Rise, Markets Won’t Fall
Investors seem to think that the trade wars will end before they start or that the overall economy is so strong that increased prices from tariffs or the drop in sales of some U.S.…
The Sustainable Development Goals and Climate Finance: Catalytic Agent or Empty Vessel?
The U.N.'s Sustainable Development Goals are crafted to accelerate the flow of climate finance to developing countries, but, on the surface, it is unclear what new value they bring.
Is China Really Reforming Its Business Practices?
The European Union Chamber of Commerce in China on Tuesday released a report detailing the slow progress that China is making in implementing the vision presented 18 months ago by President Xi Jinping.
This City Has an Unemployment Rate of Only 1.5%
Meet Ames, Iowa, which has the lowest unemployment rate among all U.S. cities at 1.5%. This universe includes the 388 metro areas measured by the BLS. Based on May numbers, Ames is only one…
These 10 States Are the Most Exposed to a Potential Trade War
While the United States may never have an overall global trade surplus, bringing down the current huge deficits and lowering the barriers to foreign markets will be yet another positive for what currently is…
Every American Needs to Buy a Box of Nails
The trade war with China has begun in earnest, and among the earliest and most well-covered victims of these tariffs is Mid-Continent Nail.