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Bill Phillips was an outsider to economics, but he used a machine and a chart to change the way we think about the government’s role in a capitalist economy. Source: npr.org
The defining statistic of the so-called K-shaped economy is a little hard to define. Source: bloomberg.com
The Artemis II crew made history Monday, reaching the farthest distance humans have ever traveled from Earth. NASA and its commercial partners aim to also pioneer a new space economy through the Artemis missions. Source: csmonitor.com
Are you trying to buy or sell a home right now? Tell us how it’s going. Source: cnn.com
The economist has long been worried about deindustrialization. Now he is also concerned about the impacts from tariffs, the Iran war, and AI. Source: barrons.com
Michael Green, Portfolio Manager at Simplify Asset Management, says that the latest U.S. non-farm payroll data does not account for the birth/death adjustment. He explains that the actual data is likely an inverse of what the job report showed. Source: cnbc.com
India’s currency, stocks and growth projections take a beating as the country faces a triple energy shock due to Iran war. Source: bbc.com
China’s yuan is poised to defy its typical second-quarter slump as the nation’s resilience to the Iran war and a burgeoning economic recovery offset seasonal pressures. Source: bloomberg.com
Source: gov.ca.gov
War is splitting the country in two Source: economist.com
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