Diane Ackerman

In a commentary published on a Federal Reserve Bank of New York blog in April, four economists argued that “although large by historical standards, the savings accumulated by U.S. households during the pandemic do not appear to be…

SAN FRANCISCO (NewsNation Now) — Video of smash-and-grab robberies of high-profile jewelry and boutique stores has been shared in the news and on social media in recent weeks, but one police officer says the problem is deeper and goes back…

Mumbai: The Reserve Bank of India (RBI) is understood to be weighing a proposal to allow 'bond forwards' --- a deal under which a financial institution can buy a specific government security for a pre-agreed price at a future date. A…

The US activist investor Elliott Management has ratcheted up the pressure on the UK firm SSE, with a public attack on the company’s energy transition strategy and a call for two new independent directors.The FTSE 100 company has rejected…

After hitting their highest levels since 2014 mere months ago, natural gas prices have tumbled in recent weeks, falling more than 10 percent on Monday alone, a development that could bring much-needed relief to many Americans who had been…

The World Inequality Report 2022 released by Paris-based World Inequality Lab, a global research initiative, pegs India to be among the most unequal countries in the world. While the bottom half of the population in India earns Rs 53,610,…

Global inequality is as marked as it was in the early 20th century pinnacle of western imperialism after the capture by the super-rich of an increasing share of the world’s income, a new report has shown.A study by a group of economists…

Republicans in Congress mimicked the lobbyists’ criticisms, saying Ms. Omarova’s academic work and her Soviet origins should disqualify her. In an exchange that drew gasps from Democrats during Ms. Omarova’s hearing before the Senate…

Global rating agency S&P said the impact of the new coronavirus variant on India's economic outlook would be contained. It expects India's economy to grow 9.5% in FY22 and 7.8% in FY23. "We are seeing a healthy recovery," Andrew Wood,…

Restaurant workers at Harrods say they have won a 25% increase in pay, with some chefs now earning more than £12.50 an hour – averting a threatened strike during Christmas week.The United Voices of the World union (UVW), which represents…