3Qs: Getting the story on the debt ceiling

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.

3Qs: Warning signs forecasted latest economic plunge

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.

3Qs: Buying into the knockoff factor?

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.

3Qs: Despite debt deal, damage done

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.

3Qs: As debt-​​limit deadline nears, more economic pain looms

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.

3Qs: Larger issues in debt-​​limit debate

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.

3Qs: The human costs of high food prices

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.