Anthony Moretti August 29, 2024
A lightning bolt came from the US Bureau of Labor Statistics, which announced on August 21 that the total amount of new jobs created in the 12-month period from March 2023 had been overreported. The bureau stated that an estimated 818,000 announced new jobs in fact had not...More
The US may be on the brink of cutting interest rates, but the bigger challenges facing the US economy are only just beginning. The high-tech industry in the US has not fully shown its positive impact on the manufacturing sector, thereby constraining the overall growth potential of the...More
While economic indicators and recent turmoil in financial markets may not technically constitute clear signs of a recession, risks in the US economy and its financial markets are building up. These risk factors pose a threat to its own financial stability and that of the world from multiple...More
The ominous clouds looming over the US economy are growing darker, resulting in a significant drop in the stock market on Friday. Is there a storm on the horizon? US hiring slowed to 114,000 jobs in July, the US government said on Friday, missing expectations. The unemployment rate...More
Editor's Note: With NATO's continuous expansion, it is evolving from a regional security alliance into a global organization. The alliance, which celebrated its 75th anniversary with a summit in Washington recently, has played a major role in exacerbating the Russia-Ukraine crisis. As the crisis has been in its...More
In an essay co-published by my colleagues and me in the latest edition of the renowned Chinese journal Contemporary International Relations, we revealed our findings that the US is becoming a "financial zombie." If we took the US as a company, it would be on the verge of...More
Persistent equity sell-offs in the US triggered by panic over the coronavirus outbreak has laid bare deep-seated problems in the US economy and the extremely polarized, volatile political climate in the country, and brought the world's largest economy to the edge of an economic and political crisis with...More