United States Raises Interest Rates by 0.25%, a "Baby Step"... Europe to Take a "Big Step?"

By Alexander Lee  A photo from October 27 last year shows Christine Lagarde, President of the European Central Bank (ECB), holding a press conference on eurozone monetary policy. AFP Yonhap ...

| 02-02 13:28

World Bank President Malpass: "Global Low Growth Period until 2024"

 ​By Alexander Lee   Screenshot from Sky News World Bank (WB) President has expressed concern that this year's global economic slowdown could last for a long period. On ...

| 01-23 11:13

Will Capitalism Take Hold in Cuba with Latest Economic Reforms?

By Alexnader Lee   California Forest Picture from [CBS News] Thousands of homes in Northern California remain threatened by the nation's largest wildfire as unstable weather c...

| 08-16 19:50

New Economic Changes in Cuba Viewed as More of the Same, but Will Capitalism Take Hold This Time?

By Alexander Lee Cuba Rally Picture from [CBS News]  Back in June of this year, Cuba approved a reform that includes long-sought legal status for private businesses, but skeptics say it is p...

| 08-25 21:23

Sri Lanka's PM admits economic meltdown; oil purchases stall

By Alexander Lee  Women wait in a queue to buy kerosene in in Colombo, Sri Lanka, Saturday, June 11, 2022.Sri Lanka's economy is in a state of collapse, Prime Minister Ranil Wickremesinghe a...

| 06-24 20:06

Ida's Impact on U.S. Economy Expected to Be Minimal, Analysts Predict

By Alexander Lee The aftermath of Hurricane Ida is expected to affect the energy, chemical, and shipping industries in the Gulf Coast region. However, economists believe the overall impact on the...

| 08-31 20:22

LA County Board Seeks Voter Approval to Oust Sheriff Villanueva

By Alexander LeeNext week, the Los Angeles County Board of Supervisors is slated to vote on an agenda that could put a charter change in front of voters this November, asking them if they want to give...

| 07-08 20:47

California Scientists Examine the Economic Ripple Effect of Sharks, Comparing Them to Local Canines

By Alexander LeeIn Southern California, swimmers, surfers, and local businesses have adjusted to the presence of juvenile great white sharks. Researchers are now diving deep to explore the impacts of ...

| 07-16 18:25

U.S. Stocks Climb as Fed Acknowledges Rate Hike Risks

By Alexander Lee Wednesday saw Wall Street's major stock indexes make modest gains after a day of fluctuating trading, as investors sifted through the Federal Reserve's latest interest rate polic...

| 07-06 18:17

Experts Weigh In on America's Economic Trajectory Amidst Uncertainty

By Alexander Lee Photo from [CBS News]In these uncertain economic times, with inflation and recession making headlines, it's important to gain insights from those who understand the com...

| 08-01 21:30