Less cooperation among women than men when hierarchy is involved
There is less cooperation among women of different hierarchical levels than among men in similar situations, researchers from Harvard University and the University of...
Ukraine crisis and its economic implications
What can the United States and its allies do about the Ukraine crisis? Sending in troops into Russia’s backyard is out of the question.
Placing...
US consumer spending strong rise in January
US consumer spending in January increase more than expected, largely driven by a higher demand for heating, according to figures published by the Bureau...
Indian GDP growth slows to 4.7%
Indian GDP growth slowed to 4.7% in the last quarter of 2013, according to the country’s Central Statistics Office.
Economists had been expecting a much...
Retirement outlook still beyond reach for many American seniors
Although the retirement outlook has improved slightly for many full-time American employees reaching the end of their careers, it is still beyond the reach...
Currency manipulation costs jobs
If currency manipulation were halted globally, the US deficit would be significantly reduced, 5.3 million jobs would be created over a period of three...
US GDP growth rate revised down
The US GDP growth rate during the last quarter of 2013 was 2.4% annualized, much lower than the preliminary 3.2% estimate, says the Bureau...
Global economic outlook good, despite risks in some emerging markets
The global economic outlook for 2014 is of strong growth, despite concerns regarding financial risks in China and volatility in some emerging markets following...
American household wealth still below 2006 levels
American household wealth is still below levels enjoyed before the Great Recession; 14% below the last peak in 2006, in spite of an optimistic...
Angela Merkel addresses British parliament
Angela Merkel, the German Chancellor, in an address today to both British Houses of Parliament – The Commons and The Lords - said the...