Global Public Debt Is Probably Worse Than it Looks
Global public debt is very high. It is expected to exceed $100 trillion, or about 93 percent of global gross domestic product by the end...
Author : Nelli Avetisyan
Euro Zone’s Cooling Jobs Market Feeds Calls for Faster ECB Cuts – Bloomberg
Cracks are finally appearing in the euro zone’s labor market after years of unexpected resilience — spurring the European Central Bank to lower interest rates...
Can the world’s most influential business index be fixed? – The Economist
Everybody loves a league table. Across areas as varied as sports, education and consumer goods, competitive rankings have a magnetic appeal. The question of what...
Musk’s SpaceX catches returning booster rocket in technical milestone – The Financial Times
Elon Musk’s SpaceX accomplished a momentous technical feat early on Sunday morning by catching a booster rocket with mechanical arms on its return from a...
Nobel Prize Goes to Economists Studying Europe’s Colonial Legacy – Bloomberg
The long-lasting impact of Europe’s former empires on growth forms the basis of research by three US-based academics who will share the 2024 Nobel Prize...
$10mn? $30mn? $100mn? The redefinition of the super-rich – The Financial Times
Talk to 10 different wealth industry professionals about when you become super-rich (an ultra-high-net worth individual, or UHNW, in industry parlance) and you will get...
Businesses Anticipate Slower Price, Wage Growth, Bank of Canada Survey Says – WSJ
Nearly three-quarters of Canadian businesses believe inflation over the next two years will hover between the Bank of Canada’s target range of 1% to 3%, according to...
When Foreign Exchange Intervention Can Best Help Countries Navigate Shocks
With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come...
PODCAST: A Bump in Pay Brings Happiness, Regardless of Your Income Level
New research shows that people in different income groups often experience similar feelings of satisfaction when they receive bonuses or raises. Host J.R. Whalen is...
Is Capitalism Really the Cause of Global Inequality?
In recent years, Western observers have increasingly treated inequality as a domestic issue. But while there is a strong case to be made for strengthening...