Low-income Americans have missed out on the wealth effects that have benefited the highest earners. The Fed, which has played a role in what economists refer to as the K-shaped economy, can’t easily fix this divergence in wealth. Read more
Cnn - Dec 27
"Not that I'm not willing to give here and there. But it seems like it's pretty tough to find the extra funds." Read more
New York Post - Dec 26
Despite record-breaking numbers on Wall Street, University of Michigan professor Justin Wolfers is urging Americans to look past the headlines, slamming the media's fixation on S&P 500 highs as “economic illiteracy.”The Global Context GapSpeaking to MS NOW, Wolfers argued that celebrating the U.S... Read more
Benzinga - Dec 26
President Donald Trump has unwaveringly maintained his tariff policy despite endless criticism from the economic establishment, enabling him to strike historic trade deals, deals to lower drug prices with pharmaceutical companies, and peace deals, all while growing wages and without spiking infla... Read more
Brietbart - Dec 24
China’s rising economic influence in the Middle East Read more
Al Jazeera - Dec 24
U.S. consumer sentiment has plummeted to its lowest level on record as the affordability crisis continues to weigh on wallets, while the cooling job market deepens economic anxieties. Sentiments Crash To 2008 LevelsOn Sunday, The Kobeissi Letter, in a post on X, spotlighted the University of Mich... Read more
Benzinga - Dec 22
Leading economist Justin Wolfers issued a stark warning regarding the state of the U.S. economy on Sunday, arguing that rising unemployment—not stock market volatility—is the flashing red light signaling a potential recession.Tariff StagnationWolfers stated that since the introduction of tariffs ... Read more
Benzinga - Dec 22
Holyoke Mayor Joshua Garcia has appointed Eric Nakajima as the new director of the Office of Planning and Economic Development. Read more
Masslive - Dec 19
Trump spoke at a rapid-fire clip with a tone that bordered at times on anger, as if Americans aren't appreciating what he's done, or tried to do. Read more
Fortune - Dec 18