Published by Promoting Economic Pluralism
The U.S. and Vietnam have leveled up their diplomatic relationship, including with an agreement that would put CHIPS Act funding towards growing the semiconductor industry in Vietnam. But for the …
The U.S. is racing to source chips from Vietnam — but engineers are scant Read More
WASHINGTON (AP) — Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness, a move that …
The US government’s debt has been downgraded. Here’s what to know Read More
NIIGATA, Japan, May 11 (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of …
Yellen says G7 members looking at how to counter China’s ‘economic coercion’ Read More
The Conference Board’s Leading Economic Indicators index indicated that conditions worsened in September. While not usually considered a major data point, the LEI, combined with Fed rate hikes, is signaling …
An often-overlooked economic measure is signaling serious trouble ahead Read More
New York is the latest state to push for a ban on the sale of new gas-powered vehicles by 2035. New York joins Massachusetts and Washington state in following the …
New York is the latest state to ban sales of new gas-powered vehicles by 2035 Read More
The Goods Trade Barometer is a composite leading indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends. The latest reading of 100.0 …
Goods Barometer points to stagnating global trade growth Read More
Meta publicly released information on 21 billion Facebook friendships as part of a research project looking at economic inequality in the United States, the company announced today. Along with new insights …
What 21 billion Facebook friendships say about the economic ladder in the US Read More
With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …
Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More
To go or not to go? That’s the billion-dollar question for House Speaker Nancy Pelosi, the third-most senior U.S. official, whose reported trip to Taiwan next month has spurred threats of a …
Could Nancy Pelosi’s Visit to Taiwan Set Off a War? Read More
Petrodollars to solar sense: what will be the conversion rate? Frances Coppola speculates. Slowly but surely, the world is giving up on fossil fuels. First coal, then oil, and finally …
A ray of hope Read More