Category Archives: Economics

The US economy likely just entered its longest ever expansion – here’s who’s benefiting in 3 charts

By Steven Pressman |July 01, 2019 The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the data still being collected bears this out. This is certainly good news and something to celebrate. But, as an economist who focuses on income inequality,… Read More »

Decoupling from China

(NewsUSA) | June 24, 2019 We do not know what will come out of the meeting between President Trump and Xi Jinping at the G-20 on June 28, but the signs are ominous. The state-promoted anti-American propaganda blasting U.S. “bullying” on trade and the resurgence in Chinese nationalism stoked by Xi Jinping augur poorly for successful… Read More »

Amazon, Google and Facebook warrant antitrust scrutiny for many reasons – not just because they’re large

By Amanda Lotz | June 24, 2019 There’s a growing chorus of U.S. politicians, antitrust scholars and consumer watchdogs calling for stricter antitrust treatment of Amazon, Google, Facebook and other tech giants. Some even say they should be broken up. Most recently, U.S. lawmakers launched a sweeping review to determine if these companies have become… Read More »

Why Federal Reserve independence matters

By Michael Klein| June 20, 2019 Should you care if the Federal Reserve loses its independence? It’s become a growing risk in recent years as President Donald Trump has repeatedly attacked the U.S. central bank over interest rate policy and tried to appoint his political allies to its board. Most recently, he reportedly has explored… Read More »

The Supreme Court’s Virginia uranium ruling hints at the limits of federal powerThe Supreme Court’s Virginia uranium ruling hints at the limits of federal power

By Cale Jaffe | June 18, 2019 Virginia has the authority to ban uranium mining under state law, even as the federal government regulates the processing of nuclear fuel under the Atomic Energy Act, the Supreme Court has ruled. Neil Gorsuch, joined by the court’s longest-serving and newest conservatives – Clarence Thomas and Brett Kavanaugh… Read More »

The Rise of Digital Wallets and Mobile Payments

(NewsUSA) | June 18, 2019 More businesses and countries worldwide are embracing digital payments as a way to make e-commerce more efficient and create a smoother transaction experience for consumers. Digital wallets, such as uBUCK, offer a dollar-backed stable token built on Waves blockchain technology, one of the fastest blockchains available. uBUCK’s technology allows for… Read More »