In the third quarter, the US economy grew at a 2% annualized rate, the weakest pace since the conclusion of the recession in 2020. Consumer expenditure and residential investment slowed, helping to keep the number low. Last week, weekly unemployment claims fell higher than expected to a new pandemic-era low of 281,000, falling short of […]
Why Is US GDP Growth So Low? Read More »
The Great Recession, which ran from December 2007 to June 2009, was one of the worst economic downturns in US history. The economic crisis was precipitated by the collapse of the housing market, which was fueled by low interest rates, cheap lending, poor regulation, and hazardous subprime mortgages. New financial laws and an aggressive Federal
Why Did The Last Recession Happen? Read More »
Market indices, energy, metals, interest rates, currencies, and Bitcoin futures are among the more than 60 futures contracts available to trade on E*TRADE. Micro E-mini contracts are a tenth of the size of E-mini contracts, allowing you to trade with less money up front. What are the steps to becoming eligible to trade futures on
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The United States’ annual inflation rate has risen from 3.2 percent in 2011 to 4.7 percent in 2021. This suggests that the dollar’s purchasing power has deteriorated in recent years. What is India’s current inflation rate? According to data provided by the National Statistical Office (NSO) on Friday, India’s retail inflation rate, as measured by
What Is The Inflation Rate Of India In 2021? Read More »
What Are Natural Gas Futures and How Do They Work? A natural gas future, like all commodities, is a contract that binds the buyer to buy a certain amount of natural gas at a specified price and date in the future. The 15th of the following month is chosen as the delivery date. How do
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In this scenario, inflation affects real wages by decreasing the capital stock and shifting relative prices. Because the two effects are additive, the drop in real wages outpaces the drop in per-capita GDP. During periods of strong inflation, this mechanism may contribute to increased poverty. Is inflation affecting salaries? In March, Mercer, a human resources
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Fast-food workers around the United States began demanding a $15-per-hour minimum wage in the 2010s. A typical minimum-wage worker might earn roughly $30,000 per year if their demand is granted and the federal minimum wage is raised to $15 per hour. Is the minimum salary of $15 creating inflation? As inflation reaches historic highs, lawmakers
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GDP quantifies the monetary worth of final goods and services produced in a country over a specific period of time, i.e. those that are purchased by the end user (say a quarter or a year). It is a metric that measures all of the output produced within a country’s borders. What is GDP and what
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This audio presentation’s full transcript may be found below. It has not been edited or proofread for readability or accuracy. One of the deadliest phrases in economics is “recession.” A recession is a large drop in overall economic activity that lasts for a long time. During a recession, the unemployment rate often rises while real
What Happens To Taxes During A Recession? Read More »
To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and
Will There Be A Recession This Year? Read More »
