After much speculation, the Federal Reserve on Thursday announced that it would hold the line on U.S. interest rates, which have not increased in nearly a decade. Professor William Dickens, chair of the Department of Economics, discusses the Fed’s decision and what it all means.
The global economy expanded by some 2.7 percent in 2014. Here, Bilge Erten, an assistant professor of economics and international affairs at Northeastern University, explains what we can expect in the new year.
What’s the U.S. economic outlook for this year? We asked John Kwoka, the Neal F. Finnegan Distinguished Professor of Economics at Northeastern. One domestic factor he has his eye on—indications that new bubbles are forming in the housing and stock markets.
This month, Detroit became the largest American city to declare bankruptcy.The outcome is in part the result of federal policies that subsidized suburban sprawl, according to associate professor of political science Thomas J. Vicino.
The answer is yes, according to Michael Gasiorek, a fourth-year student in the Bachelor of Science in International Business program who is spending two years studying and working in China.
Joseph Giglio, an executive professor of general management, says that federal policymakers have turned to the same policy tools that helped create the country’s last housing bubble: easy money and cheap credit.
Finance and insurance professor Paul Bolster explains how you should invest in a surging stock market, which reached a record high on Tuesday.
In a new paper published by the Federal Reserve Bank of Boston, a doctoral student in economics offers a fresh take on why long-term unemployment remains stagnant.
William Dickens, University Distinguished Professor of Economics and Social Policy, predicts that a budget deal to avoid the fiscal cliff won’t be finalized before the Jan. 1 deadline.
Political science professor Robert Gilbert weighs in on Mitt Romney’s controversial comments that were surreptitiously recorded at a private fundraiser and then posted on the Internet.
On Wednesday, former Harvard president and Obama adviser Larry Summers joined Gregory Mankiw, an adviser to Mitt Romney, for a standing-room-only discussion hosted by the School of Public Policy and Urban Affairs.
Northeastern’s Center for Emerging Markets hosted a weekend conference on emerging market multinational companies.
Political science professor Bill Crotty weighs in on the presidential race between Barack Obama and Republican Mitt Romney.
Financial problems can arise in many forms, from the plunging economy to the aftermath of natural disasters. We asked Randy Colvin, an associate professor of psychology at Northeastern, to discuss the psychological impacts of a looming double-dip recession paired with the devastation caused by natural disasters such as Hurricane Irene — as well as ways people can improve their emotional health in the face of such stress.
The contentious debate over the debt ceiling became one of this summer’s hottest news stories. We asked Dan Kennedy, assistant professor of journalism at Northeastern University, to assess the overall coverage as well as the challenges journalists face when reporting any politically charged story.
Last week, the stock market suffered its worst stretch since 2008, while Standard & Poor’s downgraded the government’s credit rating for the first time in history. We asked finance expert Jeffrey Born, a professor in the College of Business Administration, to weigh in on the S&P downgrade, the impact of fiscal turmoil in Europe on the American economy and the risk of a double-dip recession — all factors weighing down investor sentiment when it comes to the world’s major economies.
Retail titans Apple, Nike and Ikea have to compete with impostor replicas of their retail stores that have popped up in the southern district of Kunming city in southwest China and other parts of the world. These stores hawk knockoff products to sometimes unknowing customers. Tony Gao, an assistant professor of marketing in Northeastern’s College of Business Administration, interprets the broader implications to consumer welfare, intellectual property rights protection and how these competitive behaviors affect international marketing.
Congress and President Obama reached a last-minute agreement on Tuesday to raise the nation’s debt ceiling, and avoid default. However, the crisis has damaged the United States’ standing in the world’s economy, according to Kamran Dadkhah, an associate professor of economics at Northeastern University.
A range of global experiences helps Executive MBA students grasp the changing business landscape of the 21st century.
Treasury Secretary Timothy Geitner says Congress has until August 2nd to approve an increase in the federal debt limit — enabling the Treasury to borrow more money — or the U.S. government will not be able to meet all of its financial obligations. Here, Northeastern finance and economics instructor Richard Goettle discusses what could happen to the economy if Congress and the White House fail to find common ground.
Delegates to first annual World Class Cities summit seek to build winning strategies to help cities overcome their common challenges
On Monday, Treasury Secretary Timothy Geithner told Congress the U.S. has reached its debt ceiling — the limit on how much money the government can borrow. Not only has raising this limit been at times a contentious political issue, it also raises larger issues related to the U.S. economy’s long-term health, says Kamran Dadkhah, associate professor of economics at Northeastern University.
A new study by the World Bank found that food prices have increased 30 percent over the last year, driving some 44 million people into extreme poverty since June. Grigorios Livanis, assistant professor of international business and strategy at Northeastern University, assesses the problem.