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.