The December 13, 2022 Consumer Price Index report had few surprises, at the headline and core level. Disinflation is occurring, albeit slowly. The S&P futures markets responded positively, seeing a…
Initial claims for regular state unemployment insurance fell by 20,000 for the week ending December 10th, coming in at 211,000. The previous week’s 231,000 was revised up from the initial…
Total industrial production decreased by 0.2 percent in November after declining by 0.1 percent in October. Total industrial production is down in five of the last seven months. Over the…
In the final Fed meeting of the year, Chairman Powell and the FOMC announced a rate hike of 50 bps, lifting the policy rate to 4.25%-4.50%. The decision was unanimous…
The European Central Bank (ECB) has announced a hike of 50 bps (0.5%) Thursday. The move is largely in line with expectations, while it warned there are further moves on…
Credit Bill MacAskill for a Big Think piece. It’s not every day, after all, that we’re asked to take a “million-year view” or to allow our imaginations to roam about…
Among the most satisfying of my professional duties as an economics educator is one that, when I got my first job at George Mason University, I did not anticipate performing.…
The much-awaited Federal Reserve decision is behind us. The Fed decided to hike the funds rate on Wednesday by another 50bp, bringing it to 4.5%. It was all priced in,…
Cryptocurrency users can now browse the web more safely thanks to a new suite of security features that Opera, a leading Web3 browser, announced on Thursday. According to Opera, the…
AITX (OTC: AITX) stock price has been in a freefall in the past few months as concerns about the company continues. The penny stock was trading at $0.0070 on Thursday,…