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UrduALBANY, N.Y. (March 16, 2023) — The recent collapse of Silicon Valley Bank (SVB) marked the second-largest bank failure in U.S. history after Washington Mutual’s collapse in 2008. Following SVB’s takeover by the Federal Deposit Insurance Corporation (FDIC), other regional…
Tag: U.S. Economy
New Public-Private Partnership to Upgrade Tool That Estimates Costs of Power Interruptions
Berkeley Lab has initiated a national public-private partnership to update and upgrade the Interruption Cost Estimate (ICE) Calculator – a publicly available, online tool – which estimates the economic consequences of power interruptions.
Johns Hopkins Experts Available to Discuss Potential Recession
Johns Hopkins University faculty are available to discuss why some economists predict a recession is looming.
‘Goldilocks moment’ prediction accurate for U.S. economy
In his annual letter to shareholders Wednesday, JP Morgan’s CEO said strong consumer savings, expanded vaccine distribution and President Biden’s proposed infrastructure plan could lead to an economic “Goldilocks moment.” Steven Kyle, an expert in macroeconomics and government policy at…
Amid an uncertain future, IU Kelley forecast expects U.S. economy restart will continue into 2021
Despite recent historic progress in employment and economic output, the U.S. economy is far from fully recovering gains made before the COVID-19 pandemic. Concerns over anticipated spikes in virus cases this winter contribute to considerable uncertainty. A new forecast from the Indiana University Kelley School of Business suggests the economy’s restart will continue in 2021, but with substantial deceleration from what was achieved earlier this year.
Upcoming GDP report: a statistical nothingburger
CORNELL UNIVERSITY MEDIA RELATIONS OFFICEOct. 21, 2020 Upcoming GDP report: a statistical nothingburger Next week, the Commerce Department will release GDP figures for the third quarter. Analysts expect the number to reflect a considerable growth in the U.S. economy…
Is China Being Fair on Trade?
“Made in China.” You’ve probably seen this label on your clothes, toys, and other everyday products. China’s reach has skyrocketed in recent decades, disrupting the global trading system as we know it. This video is part of the Inside the Issues video series, featuring CFR Vice President of Studies Shannon K. O’Neil. Watch as she helps explain and clarify common misconceptions surrounding international issues such as China’s trade practices, green jobs, and immigration.
What Automation Means for Jobs
When was the last time you went to the mall for something you could buy on your phone? Automation is a disruptive force that continues to shape the future. CFR breaks down what automation means for the U.S. workforce.