Economics

OP-ED | Power Corridor

A Bottomless Congressional Conflagration

Another month, another potential government shutdown. The U.S. House of Representatives did manage to briefly overcome its deep divisions long enough to…

3 min read

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Power Corridor

Fed’s Tea Leaves Get Murkier

The U.S. Federal Reserve is all but certain to hold interest rates steady Wednesday, but the economy is still scorching – beating expectations in…

2 min read
(Photo by Blake Wisz on Unsplash)

Economics

The Economy is Expected to Slow, Someday

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read
OP-ED | Power Corridor

Once and For All, Is It Spending…Or Taxes?

America’s debt clock is ticking – the nation’s debt is at around $33.7 trillion and its deficit, in the latest fiscal year, has effectively…

4 min read

OP-ED | Power Corridor

The Battle Hymn of Billionaire John Paulson

John Paulson, of “The Greatest Trade Ever” fame, is suing a former business partner tasked with running an investment empire for Paulson valued at…

2 min read

OP-ED | Power Corridor

The Fatalist U.S Consumer

Photo by Kleomenis Spyroglou on Unsplash

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween…

1 min read

(Photo Credit: Joshue Hoehne/Unsplash)

Personal Finance

Hiring Slowdowns Have MBA Grads Scrambling for a Plan B

With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.

2 min read
(Photo by m. on Unsplash)

Indicators

Recession Increasingly Unlikely, WSJ Economist Survey Finds

In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

2 min read
Photo by Editing1088 under CC BY-SA 4.0

Power Corridor

Goldin Wins Nobel Prize for Studies of Women in Workplace

Harvard University labor economist and historian Claudia Goldin, 77, won the Nobel Prize in Economics women in the workforce.

1 min read

Power Corridor

Surviving the Roller-Coaster Ride that Is the U.S. Economy

Photo by Itai Aarons on Unsplash

The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.

3 min read

(Photo by Jose Losada on Unsplash)

Real Estate

It’s Not Just Commercial Landlords Fretting Over New High in Vacancies

Office vacancy rates in major cities have risen to worrisome levels while investments into commercial real estate are in retreat.

2 min read
(Photo by Aboodi Vesakaran on Unsplash)

International Economics

Ireland Is Launching a Sovereign Wealth Fund

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read
(Photo by Alex Simpson on Unsplash)

International Economics

Oil Leaps, Shekel Falls After Israel Declares War

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

2 min read

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