Since the period immediately preceding the American Civil War (1861–1865), the US economy has fallen steadily into recession every decade, but this “curse” now appears to have come to an end. Markets Insider writes about this. The last of these crises has been stretching since December...
Millions of people work at their jobs, make plans for the future and do not even suspect how the state of the economy affects their profession. At any time, staff reduction or even company closure may occur. But there are several professions for which there will always be ...
Michael Kremer of Harvard and his followers and colleagues Esther Duflo and Abhijit Banerjee of the Massachusetts Institute of Technology received the Nobel Prize in Economics for their research on poverty reduction. Writes about this BBC. The world is spending billions to fight ...
Research shows that immigrants have a positive impact on the US economy. Writes about this Finance Yahoo. In his Policy Briefing at the Migration Policy Institute, Georgetown University professor Harry Holzer detailed three major shifts the US labor market will face in ...
Economic growth in the United States, according to leading forecasts, tends to 2% of GDP. And this is not least due to the trade wars that President Donald Trump has unleashed. Experts believe that there are almost no incentives for growth. Experts have analyzed economic forecasts ...
The US federal budget deficit could exceed one trillion dollars in the next fiscal year. As Lenta.ru writes, according to the Associated Press forecast, in the 2019 fiscal year the deficit will amount to $960 billion, and in the next one, which begins in the United States on October 1, it will exceed...
One of Wall Street's oldest investors claims the US economy is on the brink of recession. Gluskin Sheff's David Rosenberg warns that incomes are changing and data suggests the economy is on the brink of a recession. “Maybe there is no recession. But that certainly says ...
Rosstat tentatively reported on the state of the economy in the first quarter: GDP grew by only 0,5% in three months, Gazeta.ru writes. Experts had no illusions, but the reality turned out to be worse than official forecasts. The Ministry of Economic Development predicted a growth of 0,8%, and the Central Bank gave a forecast of 1-1,5%. On…
US GDP grew at a record pace and rose 3,2% from January to March. About this with reference to the US Department of Commerce, writes The Washington Post. The growth was influenced by the fact that many companies began to form inventories and was ...
The shutdown in the United States has been terminated, at least temporarily, which means that the president's address to Congress will take place soon. According to his schedule, Donald Trump will address lawmakers on February 5, and he certainly will not refuse to use one during his speech ...