From Promoting Economic Pluralism
Everyone makes mistakes. And that includes the world’s biggest companies, which are reliably prone to gaffes, errors of judgment and wrongdoing. Some of these moments could even be labelled as …
Why big firms are rarely toppled by corporate scandals – new research Read More
Artificial intelligence (AI) has now closely matched or even surpassed humans in what were previously considered unattainable areas. These include chess, arcade games, Go, self-driving cars, protein folding and much more. This rapid technological progress has …
Humans v AI: here’s who’s better at making money in financial markets Read More
LONDON — The Bank of England increased the key interest rate by 0.25 percent to 0.5 percent on Thursday, the first time since 2004 that it has implemented consecutive rate hikes. Of the …
Bank of England ups rates Read More
A funding crisis battering China’s big property developers could start to shake the wider economy and global markets, the IMF warned on Friday, saying deeper reforms were needed to fully …
IMF warns China’s property stress poses spillover risk Read More
Freddie Mac Multifamily issued more than $5 billion in green, social and sustainability bonds in 2020 through its Impact Bond series for the asset class, the GSE announced this week. …
Freddie Mac Issued $5B in ESG Bonds Last Year Read More
The BCC’s Quarterly Economic Survey (QES) – the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth – has shown the recovery stalled in the fourth quarter, with firms facing …
Recovery weakening as inflation worries soar Read More
MARY LOUISE KELLY, HOST: El Salvador this week officially became the first country in the world to adopt Bitcoin as legal tender. Tim Padgett of member station WLRN in Miami …
El Salvador Has Adopted Bitcoin As Legal Tender Read More
How bankruptcy lets oil and gas companies evade cleanup rules. A battle over who is responsible for cleaning up hundreds of oil and gas rigs in the Gulf of Mexico …
How bankruptcy lets oil companies evade cleanup Read More
A new report published Thursday by the Economic Policy Institute details how wage stagnation in the U.S. is not due abstract forces like technological advances and globalization, but the result …
Study Shows ‘Intentional Policy Decisions’—Not Abstract Market Forces—to Blame for Wage Stagnation Read More
While it’s had some ups and downs, the stock market has soared to historic heights in recent years. For many, that’s great news: It’s a sign the economy and their …
Why Soaring Stocks Could Be Bad News For The Economy Read More