Browsing: Economy

Economy
Damaging the U.S. economy | Opinion
If Osama Bin Laden wanted to damage the U.S. economy with the 9/11 attacks, he succeeded beyond his wildest dreams.The U.S. military attacked Afghanistan to end the training of Al Qa...
Economy
Inflation is back with a vengeance — but is that a bad thing?
US Inflation updatesSign up to myFT Daily Digest to be the first to know about US Inflation news. The author is the Paul A Volcker senior fellow for international economics at the Council on Foreign Relations and author of The Power LawEarly in Bill Clinton’s first presidential term, US Federal Reserve chair Alan Greenspan grew wor...
Economy
Building A Vibrant Economy For Hawaii Island
Since 2019, Vibrant Hawaii has galvanized multigenerational, multi-sector stakeholders from every district of Hawaii island to shift deficit narratives and increase equity and wealth. Utilizing the collective action framework, efforts are conducted through streams: economy, education, financial resilience, health, housing and resilience h...
Economy
The warring parties’ plans for Germany’s economy are full of holes
“I HOPE YOU never have to see it like this again,” says Markus Quint, communications chief for Frankfurt’s Messe (exhibition centre), as he surveys 440,000 square metres of empty halls from a 22nd-floor terrace. When the pandemic struck last spring the Messe, which had welcomed nearly 2.5m visitors in 2019, had to shut for all business bar the digi...
Economy
Dollar holds upper hand after retail sales boost
FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration By Hideyuki Sano TOKYO (Reuters) - The dollar held near three-week highs against a basket of major currencies on Friday after a raft of strong U.S. eco...
Economy
Is China already the world’s most dominant economy?
IN 2010, WHEN President Barack Obama welcomed his Chinese counterpart to a summit in Washington, DC, he greeted him with a handshake and a swift, shallow dip of the head. The image of America’s president bowing before China made an arresting cover photo for the book “Eclipse”, published the following year. The book, written by Arvind Subramanian of...
Economy
Biden to speak on the economy as Democrats push tax plan
Washington — President Biden is set to speak Thursday about "leveling the playing field in our economy," according to the White House, after Democratic-led House committees concluded their work this week on crafting their $3.5 trillion social spending package.Facing a Wednesday deadline to complete their respective portions of the massive plan, the...
Economy
Biden vows to “deal everyone in” as Nobel laureates back economic plan
In East Room remarks Thursday afternoon on leveling the economic playing field, President Biden will argue that his Build Back Better plan will "deal everyone in."What to watch: A White House official tells me that Biden will argue that the nation has reached an inflection point — whether or not to perpetuate an economy where the wealthiest taxpaye...
Economy
Dollar sluggish as traders bide time before Fed meeting, kiwi jumps
New Zealand currency is arranged for a photograph in Auckland, New Zealand, on Thursday, Sept. 20, 2007.Chris Gorman | Bloomberg | Getty ImagesThe dollar drifted near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central b...
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