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UrduMichael Faulkender, Dean’s Professor of Finance at the University of Maryland’s Robert H. Smith School of Business, says: “The fundamental issue is that the federal budget is on an unsustainable path. However, Congress must raise the debt ceiling. Default cannot occur…
Tag: US economy
Factors Driving Corporate Short-Termism and its Drag on the U.S. Economy
Research shows publicly traded companies under increasing shareholder pressure to deliver short-term returns, rather than planning for long-term success. Such dampens future sources of market and productivity growth, depresses wage growth and stunts economy-wide progress.
“It is the demand side and financial markets that need to be taken most seriously,” says University of Redlands Professor Nathaniel Cline about the economic fallout of the COVID-19 pandemic.
“What is clear now is that while the coronavirus has interrupted the production and distribution of goods and services, it is the demand side and financial markets that need to be taken most seriously,” says Nathaniel Cline, a nationally recognized…
Small Business Saturday has a real impact on your local economy, expert says
With ecommerce and access to national chains, small businesses can be forgotten during the holiday shopping season. By shopping small on Small Business Saturday, you can make a real impact on your local community, according to Rochelle Layman, regional director of Binghamton University’s…