06.02.22 Loretta J. Mester Philadelphia Council for Business Economics, Philadelphia, PA (via videoconference), June 2, 2022 1:00 p.m. ET (PDF ) I thank Michael Weiss and the Philadelphia Council for Business Economics (PCBE) for inviting me to speak today. It is nice […]
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Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply?
When all prices are rising, consumers lose track of how much is reasonable to pay. “In the inflationary environment, everybody knows that prices are increasing,” said Z. John Zhang, a professor of marketing at the Wharton School at the University of Pennsylvania who has studied pricing strategy. “Obviously that’s a […]
Top Economic Events to July 28
Breadcrumb Trail Links PMN Business Author of the article: Article content May 28 (Reuters) – For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington ————————————————————- This Diary is filed daily. ** Indicates new events […]
Economics Program – Bachelor of Science, Minor
Build Your Economics Foundation From the best way to build your savings account to the complex interactions of global trade policies and markets, the study of economics helps us understand how people and organizations make choices and how those choices shape our world. Combining classical economics with a cutting-edge, 21st […]
Economists pulling back growth forecasts
Economic growth is on track to slow way down in the months ahead, according to an emerging consensus among forecasters. And that may be exactly what the U.S. economy needs. Why it matters: If earlier projections of continued speedy growth were coming true, it would be mean rising, rather than […]
Harvard Business School Celebrates 112th Commencement – News
View Video BOSTON—Harvard Business School (HBS) held its 112th Commencement exercises yesterday with a diploma ceremony on its campus in Boston—the first in-person commencement in three years, as the previous two ceremonies were held virtually because of the coronavirus pandemic. After an all-University celebration in Harvard’s Tercentenary Theatre in the […]
US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday in a slight downgrade of its previous estimate for the January-March quarter. Last quarter’s drop in the U.S. gross domestic […]
DECA students attend Governor’s Business and Economic Development Conference
TINA L. SCOTTEDITOR Earlier this year, Merrill High School DECA and Business students were invited as guests to the Governor’s Business and Economic Development Conference in Madison in February for a chance to participate in this year’s timely theme: “Tackling Economic Challenges.” “Students learned about the forces and people driving […]
Flight bookings for leisure and business travel top 2019 levels
For the first time since the start of the pandemic, global leisure and business flights have risen to levels not seen since 2019. That’s according to the Mastercard Economics Institute’s third annual travel report, titled “Travel 2022: Trends & Transitions,” published yesterday. After analyzing 37 global markets, the report found […]
Economics 101: What rising interest rates, inflation mean for you
The price of just about everything has gone up. Inflation, the rate at which prices rise in the economy, is the worst it’s been in 40 years. The Federal Reserve, the central bank for the U.S. — more commonly known as the Fed — announced earlier this month that it […]
Russia’s Economic Outlook Grows ‘Especially Gloomy’ as Prices Soar
LONDON — After sanctions hobbled production at its assembly plant in Kaliningrad, the Russian automaker Avtotor announced a lottery for free 10-acre plots of land — and the chance to buy seed potatoes — so employees could grow their own food in the westernmost fringe of the Russian empire during […]
Economic Summit offers insight, updates, chance for business leaders to gather
Nathan Perry, an associate professor of economics at Colorado Mesa University, gives an economic update during the Economic Summit on Friday, May 20, 2022, at Colorado Mountain College’s Steamboat Springs campus.John F. Russell/Steamboat Pilot & Today More than 100 business leaders from Northwest Colorado gathered inside the Albright Auditorium on […]