Economy
Federal Reserve Chair Jerome Powell announced changes to the Fed’s monetary policy framework in his remarks at the annual Jackson Hole Economic Summit. Most...
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Asian markets open: Nikkei, Hang Seng fall on 55% US-China tariff shock; Sensex poised for weak start
Aluminum and steel tariffs spark rise in secondary production, price divergence
Airbus sees aviation boom ahead, global fleet to near 50K by 2044 with India in lead
US-China trade talks and Washington’s decade-long effort to block China’s tech surge
Europe markets open: Stoxx 600 dips as UK exports nosedive & Trump’s tariff claims sow chaos
Economy
New data from the Bureau of Economic Analysis show that inflation ticked down in July. The Personal Consumption Expenditures Price Index (PCEPI), which is...
Economy
Heading into Labor Day weekend, the news was abuzz with low gas prices, the ending of de minimis tariff exemptions, Kamala Harris’s secret service...
Economy
I regret it, but George Santayana’s famous statement, “Those who cannot remember the past are condemned to repeat it,” is misleading at best. The...
Economy
In June 2024, all three of the AIER Business Conditions indicators maintained their levels from the previous month. The Leading Indicator stood at a...
Economy
Public debt, sometimes called government debt, is money borrowed by governments. Like all debt, public debt finances spending today by borrowing on the promise...
Economy
A satirical cartoon from the German Weimar Republic depicts Gutenberg’s reaction to his press being used to print inflationary money. The caption reads “I...
Economy
Mountainside avalanche barriers in the High Tatras, northern Slovakia, in the summer season. 2024. Woosh, woosh, woosh. The helicopter blades cut through the crisp...
Economy
United States Treasury Secretary Janet Yellen, on a recent visit to Philadelphia. 2024. There’s strong and growing evidence that the “next” US recession has...
Economy
A medieval vassal doing homage to his lord. An illustration from “The Story of the Map of Europe, its Making and its Changing.” 1916....
Economy
Federal Reserve Board Chair Jerome Powell and former Chair Ben Bernanke discuss perspectives on monetary policy at a research conference. 2023. The Federal Reserve...
Economy
Ukrainian soldier stands on the check point to the city Irpin near Kyiv during the evacuation of local people under shelling from Russian troops....
Economy
In July 2024, the American Institute for Economic Research’s Everyday Price Index (EPI) rose 0.30 percent to 291.3. With this increase the EPI resumes...
Economy
Brown University economist Glenn Loury on the set of PBS’s Firing Line. 2023. In his self-searing memoir, Late Admissions: Confessions of a Black Conservative,...
