Cheap gas is traditionally a boost for the U.S. economy but this time the economy could be badly hurt because of the domestic drilling boom and financial bets made by the oil & gas industry.
Articles on US economy
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Markets have been on a rocky ride all year on concerns another recession looms. Here are a few lessons we can learn from the last one.
The Commonwealth Bank’s half year results suggest Australian banks are doing well despite the turbulence affecting banks internationally, however they may not be totally immune.
The Fed lifted its target interest rate for the first time in nearly a decade, which was hardly a surprise. What happens next may still stump us.
The mixed picture of the US economy makes for caution on interest rates, but Janet Yellen the economist is likely to win over Yellen the politician.
Why the US is set to raise its interest rates this week for the first time since the financial crisis.
Candidates sparred among themselves and the media but still managed to debate some of the key economic issues that matter most to Americans – though they ignored a few.
While free markets have delivered benefits, they also prey on our weaknesses, tempting us to buy things that are bad for us, be it sweet candy or sour investments.
Our roads, bridges and schools are in dire need of aid, and the economic benefits of investment far outweigh the financial costs.
The signing of the Trans-Pacific Partnership belies the fact that the US’s share of trade in the region has been declining for some time.
Jobs growth slowed in September, yet the despite the disappointing figures there’s no political will to do anything about it.
The Fed decided to hold its key interest rate at about zero, but that doesn’t mean it did nothing.
The Fed’s policy-setting committee decided to keep its benchmark interest rate unchanged. Here’s why that’s the wrong call.
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
The more important question is when the federal government will get in the game and help support the economy.
US Studies Centre research associate Tom Switzer said on Q&A that US carbon emissions had levelled off because of coal seam gas, but activist Naomi Klein said it was due to the economic downturn. What does the research say?
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
Jeb Bush recently announced his candidacy for president by declaring that “our country is on a very bad course” and promised to fix this with the striking promise of “4% growth, and the 19 million new…
Puerto Rico’s economic woes have led some analysts to compare it to Greece. Paradoxically, Puerto Rico’s colonial status explains both its growth and the impending financial debacle.
Inflation-adjusted wages for most private-sector workers are the highest since 1979.
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Associate Professor of Business, Boston University
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Part-Time Professor of Economics, The New School
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Associate Professor of Finance, Mississippi State University
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Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne
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Scientia Professor of Economics, UNSW
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Professor of International Relations, Australian National University
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Political Science, Georgia State University
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Professor, Department of Government, University of Essex
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Visiting Faculty in Economics, Emory University
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Assistant Professor of Economics, University of California, Merced
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Associate Professor of Economics, University of South Carolina
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Associate Professor of Economics, Pace University
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Assistant Professor, Miller Center, University of Virginia, and US Studies Centre, University of Sydney
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Professor of Finance and Distinguished Professor of Applied Investments, Appalachian State University