The Latest Breaking News from Economics

spoke out about her public firing in a talk for the Levy Economics Institute at Bard College

The relationship between inequality and economic growth is a complex one, especially in Africa. Inequality is the result of a host of factors, including policy choices, institutional legacies and power structures that favour elites. Professor Imraan Valodia, director of the Southern Centre for Inequality Studies spoke to Ernest Aryeetey, emeritus…

Money isn’t fair—and not just in the big flashy ways like yachts, private jets, or gold-plated toothbrushes. Everyday expenses can quietly drain the wallets of low-income families much faster than those with deep pockets. It’s the invisible penalty of being poor: spending more, not less, for the same necessities. From…

The Central Bank of Kenya has made two significant changes in the country’s banking sector. The first is to lift a decade-long moratorium on licensing new banks. Second is to raise capital requirements, the amount of money banks are required to keep readily available compared with the value of other…

Trump promised that protectionism and immigration enforcement would be good for the economy. The latest jobs report tells a different story.

Ralph S. Opacic, Ed.D., a pioneering educator and founder of nationally recognized arts institutions, has devoted his career to demonstrating that art is an essential driver of both personal growth and modern economics.

Tyger Cho graduated from Stanford University in 2019 with an economics degree and a plan to climb the investment ladder. Yet, four years later, after stints at Goldman Sachs (NYSE:GS), a startup, and an insurance firm, he moved to South Korea to launch a business for the Korean diaspora, Business…

Affirm Holdings Inc. (NASDAQ:AFRM) released its fourth-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.AFRM is reaching significant price levels. Check the full analysis here. The Details: Affirm reported quarterly earnings of 20 cents per share, which beat the Street estimate of 10 cents. Quarterly…

The Institute for Economics and Peace has been analysing data for the past 17 years