Foremski's Take: The "next big thing" in tech is always a surprise; it always comes out of left field and arrives like a hurricane and always makes a big impact on society. The weather service can ...
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For years I've been puzzled about the role of digital technology in society. If this technology is as powerful and as revolutionary, as it certainly appears to be, why aren't we seeing the evidence?
As if Great Depression-size job losses and a cartoonish contraction in the nation’s economic output weren’t enough, analysts are starting to fret over a new risk from the coronavirus pandemic: ...
Whereas the U.S. continues to grapple with elevated prices, China is dealing with the opposite problem. In July, the world's second largest economy slipped into deflationary territory, with consumer ...
Wait… so now the Federal Reserve is going to cut interest rates in 2024? I love how quickly narratives change. We went from thinking that the Fed would cut rates ...
FRANKFURT/WASHINGTON (Reuters) - With recession now a reality in major economies from Japan to Germany, policymakers are starting to fret about the chance of a phenomenon many see as even more deadly: ...
I’m not worried at this point about a deflationary spiral, but I see what, to my view, is a plausible scenario where the CPI actually goes negative in the next twelve months. I go through the ...
The talk about the economy in recent weeks has been somewhat deflating. There's the ongoing crisis in Europe, disappointing jobs numbers, a falling stock market—and the prospect of deflation itself.
Federal Reserve Chairman Jerome Powell has a big problem, and he can't do anything about it. Gasoline prices in the United States, which have fallen for 87 consecutive days, are expected to have ...