Jerome Powell, Chair of the U.S. Federal Reserve, stated that economic growth has been “somewhat stronger” than previously anticipated. Recent economic indicators suggest a surprisingly robust expansion in […]
Economy
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Why APEC Summit Is the Key Economic Event in Asia for 2025
The APEC summit in South Korea has gained heightened significance this year, unfolding amid major global challenges including the intensifying trade tensions between Washington and Beijing, new U.S. […]
Economy
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Magic City Classic Expected to Generate Over $25 Million in Economic Impact
The 84th edition of the Magic City Classic, held in Birmingham, Alabama, is projected to deliver a substantial economic boost to the region, with organizers anticipating a financial […]
Economy
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CBO Estimates Government Shutdown Could Cost Up to $14 Billion
A prolonged federal government shutdown could result in economic losses ranging from $7 billion to $14 billion, according to a new analysis by the Congressional Budget Office (CBO). […]
Economy
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Community Colleges as Catalysts for Regional Economic Growth
Community colleges are increasingly being recognized not just as educational institutions, but as vital contributors to regional economic advancement. While many leaders in the sector acknowledge the connection […]
Banks
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Bank of Canada Lowers Interest Rate to 2.25% to Stimulate Sluggish Economy
The Bank of Canada has reduced its benchmark interest rate to 2.25 percent, marking another effort to revive a weakening national economy. The decision reflects growing concerns over […]
Economy
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Experts to Analyze Outcomes of 2025 APEC Summit in Post-Conference Discussion
On Wednesday, November 5, at 9:00 a.m. Eastern Time, the Atlantic Council’s Indo-Pacific Security Initiative and Economic Statecraft Initiative, in collaboration with the Korea Inter-Parliamentary Exchange Center (KIPEC), […]
Economy
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MSU Dean Discusses Economic Consequences of Federal Government Shutdown
The U.S. federal government has now been shut down for four weeks due to Congress’s failure to pass a temporary funding bill. Jeff Jones, Associate Dean at Missouri […]
Economy
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Trump Outlines Economic Vision at APEC Summit Amid Promises of Trillion-Dollar Investments
In South Korea, during the APEC summit, former US President Donald Trump presented his perspective on global economic revitalization. He emphasized plans for trillion-dollar investment initiatives aimed at […]
Economy
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Former Harvard Professor Philippe Aghion Awarded Nobel Prize in Economics for Work on Innovation and Growth
On October 13, the Royal Swedish Academy of Sciences announced that Philippe M. Aghion, a former economics professor at Harvard, has been awarded the Nobel Prize in Economics […]