Israel recession likely as war drags on, economist says

SDEROT, ISRAEL – OCTOBER 13: Israeli army take security measures as they deploy dozens of tanks and armored vehicles to the Gaza border area in Sderot, Israel on October 13, 2023. (Photo by Turgut Alp Boyraz/Anadolu via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images Israeli ground troops are massed near the border … Read more

Nobel economics prize awarded to U.S. economist Claudia Goldin for work on women in the labor market

The Nobel economics prize was on Monday awarded to Professor Claudia Goldin of Harvard University for her research on women in the labor market. Goldin provided the first comprehensive account of women’s earnings and labor market outcomes through the centuries, the Nobel committee said during the prize announcement. Her research reveals new patterns, identifies causes … Read more

Inflation is ‘always going to be a risk,’ ADP chief economist says

A help wanted sign on a storefront in Ocean City, New Jersey, US, on Friday, Aug. 18, 2023. Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president’s handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty Images Al Drago | Bloomberg | Getty Images Inflation is “always … Read more

That is ‘the tip of the start’ of the battle in opposition to inflation, economist says

U.S. Federal Reserve Board Chairman Jerome Powell speaks throughout a information convention following a gathering of the Federal Open Market Committee (FOMC) on the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC. Drew Angerer | Getty Photographs Information | Getty Photographs Central banks are at “the tip of the start” of … Read more

Kemal Dervis, economist referred to as to unravel Turkish fiscal disaster, dies at 74

Kemal Dervis, a Turkish economist who left the World Financial institution to return house in 2001 as a disaster supervisor with Turkey’s economic system collapsing, serving to calm the fiscal storm however stirring protests over austerity measures and worldwide oversight, died on Could 8 at 74. The loss of life was introduced by the U.N. … Read more