This is a preview. Log in through your library . Abstract Do richer people have higher saving rates? The short-run and long-run consumption functions have different answers to this question, which ...

Bloomberg Intelligence's China retail sales outlook of 4.1% growth is shaped by the government’s ability to stimulate ...

The main pillars of the economy—employment and consumer spending—are both straining under the weight of tariffs, according to ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

India is a key hub for chip design, hosting 20% of the world's engineers in the field. Global tech giants have established R&D centers in India, where teams execute critical tasks like logic ...

The decision by the Supreme Court regarding the Trump tariffs will have a very significant impact on the financial markets. Click for more on U.S. Economy.

More and more large models in Nanjing are evolving from being "talkative" to being "capable and effective." The companies behind them are focusing on applications, emphasizing "pragmatism," targeting ...

1.On August 29, President Trump's executive order ending the de minimis rule took effect, which means that more Americans are now seeing his tariffs in action. De minimis previously excluded shipments ...

The state-run Korea Development Institute (KDI) diagnosed that the South Korean economy is seeing eased pressure of economic contraction, driven by improving consumption trends. On the 9th, in its ...

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up. The average rate ...

India’s economic landscape is poised for a significant uplift following the government’s recent policy announcements aimed at boosting consumption and reducing GST burdens. Sunil Subramaniam in an ...

Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that ...