Latest in: Economy
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Virginia among top five on Forbes’ Best States for Business 2017 list
Virginia has improved its ranking on Frobes’ latest list of Best States for Business, and is now among the top five American states for attractive incentives and policies. The state is now ranked fifth, one spot...December 1, 2017 1675 0 -
How immigrants are vital to Virginia’s vibrant economy
A view of skyline in Tysons, Photo: Lluck002/Wikimedia Commons The unemployment rate in Virginia is the lowest in years at 3.6 percent. The state is home to three of the wealthiest American counties – Loudoun, Arlington...November 21, 2017 1982 0 -
U.S. economy sustains 3.0 percent growth despite hurricanes
A view of Target Black Friday shopping DCUSA Photo: Gridprop/Wikimedia Commons Driven by increases in consumer spending, inventory investment, business investment, and exports, the U.S. economy grew at 3.0% pace in the third quarter of 2017,...October 28, 2017 1230 0 -
Minority-owned businesses add over $1 trillion to U.S. economic output annually
Photo: Naturalization ceremony in Grand Canyon, Credit: Grand Canyon National Park/Wikimedia Commons American minority-owned businesses are contributing more than one $ 1 trillion in annual economic output, the White House said Tuesday as President Donald Trump...October 25, 2017 1290 0 -
Virginia’s unemployment rate falls to 9-year low at 3.7 percent
Virginia’s unemployment rate has reached a nearly nine-year low of 3.7 percent, Governor McAuliffe announced Friday. According to the Governor’s office, the Commonwealth’s unemployment rate is the 2nd lowest among major states and our labor force...October 20, 2017 1134 0 -
U.S. economy continues to grow despite hurricanes, some disruptions
Federal Hall and George Washington statue, NYC, Photo Musik Animal/ Wikimedia Commons The U.S. economy grew at a pace split between modest and moderate during September and early October while some areas reported major disruptions ffrom...October 19, 2017 1133 0 -
We-Fi seeks to empower women entrepreneurs in developing countries
The story of women entrepreneurs successfully running businesses is not new. But is it being replicated in a new changing world? With greater levels of literacy and highly skilled qualifications more and more women aspire to...October 17, 2017 1540 0 -
Can universal basic income work in the US?
Photo by User:Knulclunk/Wikimedia Commons shows a view of Spanish Harlem in NYC The release of a new report estimating a $ 2.5 trillion addition to the US. economy through a universal basic income plan for all...October 15, 2017 1204 0 -
American Richard Thaler wins Nobel Prize for making economics more human
American professor Richard H. Thaler, who has incorporated psychologically realistic assumptions into analyses of economic decision-making, has won the 2017 Nobel Prize in Economics for his work – hailed as making economics more human. “By exploring...October 10, 2017 1420 0 -
U.S. ranked the second-most competitive economy on global index
Oakland, California, Photo: Basil D Soufi/Wikimedia Commons A decade after the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers...September 27, 2017 1399 0