Recent Posts

EU, UK negotiations may get prolonged

  With Brexit impact hanging over Europe, European finance ministers’ warnings over adverse economic impact on the EU, were also loaded with a political sarcasm that the UK, which voted to leave at its own choice, risks becoming a “Little Britain” in the referendum’s aftermath. This is a clear signal to Scotland and North Ireland to remain in the EU. ...

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The US job recovery has more room to run

  Mark Whitehouse U.S. job growth rebounded in June from a brief slump that had many concerned about the outlook for the economy. The crucial question now: How long can it go on? The employment report for June suggests that U.S. employers were doing well in the weeks before Britain’s vote to leave the European Union. The Labor Department’s establishment ...

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US government holds promise of faster growth

One of the U.S.’s biggest economic challenges is the slump in productivity. After climbing steadily for many decades, productivity has slowed dramatically since 2011: Productivity is the key to long-term prosperity. It represents a hard ceiling on the amount of valuable things that a society is able to produce. If productivity flatlines, it means that the pie isn’t growing, and ...

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