Why American unemployment needs to rise – The Econmist
An unemployment problem, as normally understood, occurs when lots of people cannot find work. Northfield, a city in Minnesota with a population of 20,000, exemplifies...
Author : Nelli Avetisyan
The World Cup and the World Economy
The 22nd World Cup is under way, but who at the beginning of this century would have thought it might be hosted by tiny Qatar?...
Global Economy Slows, but Seems to Be Faring Better Than Feared – WSJ
The global economy continued to deteriorate as 2022 draws to a close, but not as severely as economists previously feared, raising the possibility the world...
How retailers are reshaping the advertising industry – The Financial Times
Online shoppers hunting for televisions from the British retailer Argos this week will be inundated with Black Friday offers. Yet among the hundreds of options,...
Fed Staff Warn Chance of Recession in Next Year Is Now Near 50% – Bloomberg
Federal Reserve staff economists briefed policymakers this month that the chances of a US recession in the next year had risen to almost 50% on...
How crypto goes to zero – The Economist
If everyone stopped using it. That, in five words, is how crypto would go to zero. Still, the journey is more interesting than the destination....
A house price slump is coming. Rising unemployment could make it much worse – CNN
Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in New Zealand’s biggest city. Houses were “flying out the...
What value can retail CBDCs bring to society?
While research around central bank digital currencies (CBDCs) has ramped up quickly, many larger economies, including the EU and the US, have yet to take...
Fed Minutes Set to Show Breadth of Support for Higher Peak Rate – Bloomberg
The Federal Reserve is set to show how united policymakers were at their meeting this month over a higher peak for interest rates than previously...
ECB Must Narrow Interest-Rate Gap With Fed, OECD Says – WSJ
The European Central Bank will have to raise its key interest rate much further if it is to bring down persistently high inflation, the Organization...