For a Smooth-Running Economy, Rule of Law Matters

Marion Steward

AUSTIN, Texas — Countries in which courts more easily enforce contracts see less economic volatility overall than nations that don’t adhere as well to the rule of law. That’s the finding from a study by a finance researcher at The University of Texas at Austin. The research suggests that when contract […]

An Update on the Economy and Monetary Policy

Marion Steward

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 […]

Latest Economy, Inflation and Business News: Live Updates

Marion Steward

Wheel loaders filling trucks with ore at the MP Materials rare earth mine in Mountain Pass, Calif.Credit…Steve Marcus/Reuters WASHINGTON — President Biden took steps on Thursday to try to increase domestic production of critical minerals and metals needed for advanced technologies like electric vehicles, in an attempt to reduce America’s […]