In the fall of 1973, that event was the embargo imposed by OPEC on oil exports to the United States. The prices of oil and its byproducts shot up immediately, exacerbating an already inflationary environment. Th
The latest McKinsey Global Institute (MGI) research on productivity finds that a small number of firms contribute to the lion’s share of productivity growth. In our sample of 8,300 large firms in Germany, the United Kingdom, and the United States, fewer than 100 productivity “standouts”...
Things came to a head later that year with the bankruptcy ofLehman Brothers, the country’s fourth-largest investment bank, in September 2008. The contagion quickly spread to other economies around the world, most notably in Europe. As a result of the Great Recession, the United States alone...
Derivatives markets can offer high liquidity, owing to the number of participants and ease of trading (Acharya & Pedersen, 2005; Amihud, 2002; Pástor & Stambaugh, 2003). This liquidity makes them appealing to investors. Liquidity ensures that investors can purchase or sell derivatives quickly, ...
According to the IMF, the US national debt is the 7th highest in the world when expressed as a percentage of the country’sGDP(the country’s annual income). The list below shows all of the countries that have a higher debt-to-GDP ratio than the United States as of 2020: ...
Decades of research shows math anxiety is a common problem for adults, and surveys show it particularly affects women, who make up nearly 90% of elementary teachers in the United States. Put simply, a lot of elementary school educators hate the prospect of teaching math, eve...
GDP figures are reported in the United States every month by the Bureau of Economic Analysis (BEA) both in nominal as well as real, or inflation-adjusted, terms. One month after the end of each quarter, the BEA releases an advance estimate of the previous quarter's GDP. In the two succ...
or outside of the United States. And not every item will be eligible. If one of your orders is eligible, you can add it to your shopping cart and can select "layaway," locking in the price. You will pay 20% of the price upfront. and then make four additional payments over eight ...
The Global Methane Pledge covers countries that account for nearly half of global methane emissions and 70% of global GDP. Methane is84 times more potent than carbonand doesn't last as long in the atmosphere before it breaks down. This makes it a critical target for combatting climate change...
the start of the millennium. In the United States, for example, the market value of real estate expanded 1.5 times faster than GDP from 1995 to 2021 (Exhibit 1), and in the United Kingdom, 1.8 times faster. The value of equities in the United States grew at triple the rate of GDP....