United States Economy

Biden’s Debt Deal Strategy: Win in the Fine Print

Biden’s administration has been negotiating with Republicans to prevent a government default and has come up with a plan in which they have won on substance. Despite Republicans’ success in claiming that

June 5, 2023

OpenAI

Economist William E. Spriggs – a Strong Advocate for Racial Justice – Dies at 68

William Edward Spriggs, an economist, passed away on Tuesday at the age of 68. For over four decades, Dr. Spriggs worked for racial justice within his profession and society at large. His

June 9, 2023

Business

What All the Single Ladies (and Men) Say About the Economy

The pandemic continues to cause aftershocks in the U.S. economy and signet Jewelers shared an unexpected one this week: fewer engagement rings are being sold because singles, who were stuck at home

June 9, 2023

Business

What Recession? Economy’s Staying Power Poses Big Questions for the Fed

The American economy is proving resilient despite the Federal Reserve’s efforts to slow down growth and control inflation. This could mean good news if the Fed can gradually control inflation without causing

June 8, 2023

Business

A Trillion Borrowing Binge Looms After Debt Limit Standoff

A $1 Trillion Borrowing Binge Looms After Debt Limit Standoff

The Treasury Department narrowly missed running out of cash before President Biden signed a bill allowing it to borrow money to pay the bills. As a result, the government is expected to

June 8, 2023

Business

World Bank Projects Weak Global Growth Amid Rising Interest Rates

The World Bank has recently announced that the global economy is in a precarious state due to rising interest rates, which are hindering consumer spending and business investment, and posing a threat

June 6, 2023

Uncategorized

Is the End of the Bear Market in Sight? It Depends on Who You Ask.

The S&P 500, the most widely watched index by investors, executives, and government officials, climbed 20% from its lowest point in 2022, which some on Wall Street interpret as the beginning of

June 5, 2023

Business

Biden’s Debt-Deal Strategy: Win in the Fine Print

The Biden administration managed to negotiate a deal with House Republicans that prevented a catastrophic government default on the national debt. The negotiations involved trading proposals on federal spending caps and deep

June 3, 2023

Business

April Sees Increase in Job Openings Despite Cooling Trend

https://static01.nyt.com/images/2023/05/31/multimedia/31jolts-qbtv/31jolts-qbtv-facebookJumbo.jpg The latest job market data is creating uncertainty in interest-rate projections. The significant increase in job openings in April may lead the Federal Reserve to raise interest rates further. The link

June 3, 2023

Business

Companies Increase Prices, Boosting Profits and Contributing to Inflation

https://static01.nyt.com/images/2023/05/25/multimedia/00profit-margins-whbt/00profit-margins-whbt-facebookJumbo.jpg PepsiCo has raised prices on its popular products such as Doritos, Tropicana orange juice, and Gatorade, much to the dissatisfaction of some customers, but to the delight of shareholders. However, the

June 3, 2023

Business

Teenagers Can Expect a Strong Summer Job Market

https://static01.nyt.com/images/2023/06/02/business/02adviser/02adviser-facebookJumbo.jpg Teenagers seeking work will probably find ample jobs with good pay available this summer, economists say. The robust labor market this year, along with shortages of workers in the summer jobs

June 2, 2023

Business

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United States Economy

Biden’s Debt Deal Strategy: Win in the Fine Print

Economist William E. Spriggs – a Strong Advocate for Racial Justice – Dies at 68

What All the Single Ladies (and Men) Say About the Economy

What Recession? Economy’s Staying Power Poses Big Questions for the Fed

A $1 Trillion Borrowing Binge Looms After Debt Limit Standoff

World Bank Projects Weak Global Growth Amid Rising Interest Rates

Is the End of the Bear Market in Sight? It Depends on Who You Ask.

Biden’s Debt-Deal Strategy: Win in the Fine Print

April Sees Increase in Job Openings Despite Cooling Trend

Companies Increase Prices, Boosting Profits and Contributing to Inflation

Teenagers Can Expect a Strong Summer Job Market

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