Recent Posts

San Francisco leads US in wage growth

Bloomberg America’s tech hub is leading the country in wage growth, according to a new report. San Francisco saw wages rise 3.9 percent since last September, bringing median base pay to $70,361 per year, according to Glassdoor Inc.’s Local Pay Report, which tracks wage growth for certain full-time employees in 10 cities thro-ugh an analysis of anony- mous salary data. ...

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China’s beltway bubble makes trade truce harder

Beyond retaliating with more tariffs and ads in Iowa newspapers, Chinese leaders have yet to devise a coherent strategy for contending with US President Donald Trump’s escalating trade war. Perhaps they can’t figure out what his divided and erratic administration actually wants. Or maybe they’re so dead set on pursuing their own economic agenda that they just don’t care. There ...

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IMF’s new chief economist a great choice

Having followed Gita Gopinath’s work closely for several years, I am delighted the International Monetary Fund appointed her to head its influential research department as chief economist. Gopinath, a professor of International Studies and Economics at Harvard University and co-director of the International Finance and Macroeconomics program at the National Bureau of Economic Research, brings expertise, insights and cognitive diversity ...

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