Finance · 06/09/2025

American economist Richard Wolff argues that the excessive pursuit of profit in US-style capitalism has led to a systemic crisis, and the trade war is a result of its structural contradictions. He believes China's mixed economic model demonstrates institutional advantages. Instead of externalizing the crisis, the United States should learn from China's experience of strategic leadership alongside market mechanisms and undertake systemic reforms. Wolff suggests that the US needs to address the root causes of its economic problems rather than engaging in protectionist trade policies.

Finance · 09/19/2024

On Wednesday, the Federal Reserve announced a 50 basis point cut to the benchmark interest rate, marking the first significant reduction since the financial crisis. This move aims to support economic growth and reduce financing costs for households and businesses. The Federal Reserve anticipates continuing to adjust interest rates in the coming months, which will have far-reaching effects on the global economy.

Finance · 07/25/2025

Martin Wolf highlighted at the Taiwan summit that the global economy is currently facing challenges from inflation and interest rate policies, predicting an escalation in trade decoupling. He emphasized that U.S. trade policies are influenced by geopolitical factors and expressed concerns that this could trigger a new financial crisis. Countries must timely adjust their policies to mitigate risks and maintain economic stability.

Finance · 07/21/2025

This article outlines essential knowledge for managing personal finances in the United States, including how to open a bank account, create a budget, pay taxes, and use credit cards. It specifically provides information on public benefits and remittance channels for immigrants and newcomers, aiming to assist them in better adapting to and managing their personal finances. Mastering these resources and skills contributes to achieving economic independence and stability in daily life.

Finance · 07/18/2025

The Federal Reserve's balance sheet is a crucial tool for its monetary policy, covering its asset and liability structure. This report demonstrates its significant impact on the market economy, particularly after the financial crisis when quantitative easing policies led to a substantial increase in asset balances, reaching $4.5 trillion. Analyzing the balance sheet can aid in predicting the Federal Reserve's policy direction and market trends, especially in terms of performance variations

Taxation · 07/25/2025

This article provides information on how to apply for the 2020 Economic Impact Payment, including eligibility requirements, application steps, and suggestions for recovering the rebate credit. Regardless of whether you received the payment, you can access the funds you deserve by filing your tax return.

Finance · 09/20/2023

This article explores the resilience of the U.S. economy and the risks of recession, highlighting the strong performance of businesses and households, as well as the dynamics of the labor market and underlying vulnerabilities.

Finance · 09/16/2024

In 2024, the U.S. financial markets were significantly affected by economic policy uncertainty, experiencing two phases of vulnerability accumulation and volatility. The notable rise in the economic policy uncertainty index reached a historic high in 2025, resulting in increased risks in the stock, treasury, and corporate bond markets. This dynamic reveals potential hidden threats to future market stability, highlighting the importance of monitoring changes in economic policy and their impact on

Transportation · 07/17/2025

This article explores the reasons behind the decline of American railroads, analyzing insufficient economic benefits and competition among transportation methods, including restrictions on freight and passenger transport options. As sea and air transportation have risen, railroads have gradually lost market share. In particular, short to medium-haul transport is increasingly challenged by trucking, while urban subways face high costs and inadequate subsidies, resulting in a sluggish overall deve

Finance · 10/29/2020

This article delves into the investment differences between gold and silver, highlighting key factors such as price, storage, volatility, market demand, and reserves. It aims to assist investors in making informed choices regarding their gold and silver investments.

Finance · 05/17/2018

Recent tax law changes allow individuals with disabilities to contribute more funds to their ABLE accounts and potentially qualify for the Saver's Tax Credit. This shift provides greater financial support for people with disabilities, enabling them to cover essential expenses related to their disabilities and improve their quality of life.

Finance · 08/20/2025

Research in Virginia reveals the significant economic value of coastal wetlands, contributing approximately $90 million annually to the Middle Peninsula. To promote sustainable coastal management, William & Mary and VIMS developed the SHORE-BET tool. This tool quantifies the economic value of wetland ecosystem services, providing decision-makers with an economic basis for decisions. This tool aims to achieve a win-win situation between economic development and wetland conservation by demonstrating the tangible benefits of preserving these vital ecosystems.

Finance · 07/23/2025

Bank of America® has launched the Unlimited Cash Rewards Credit Card, offering an unlimited 2% cash back for the first year. Additionally, cardholders who spend $1,000 within the first 90 days will receive a $200 cash bonus. There is no annual fee, and 0% interest offer for the first 15 billing cycles, enabling cardholders to enhance their quality of life.

Education · 08/26/2025

Cornell University scientists have significantly enhanced the performance of superconductors using a one-step 3D printing technique, simplifying traditional manufacturing processes. This technology not only shortens production cycles and reduces costs but also allows for precise control over the material's microstructure, optimizing its performance. This breakthrough opens up new prospects for the application of superconducting materials in fields such as energy and medicine.

Education · 07/31/2025

The University of Chicago's economics program is dedicated to providing international students with profound economic knowledge and practical skills. Combining a global perspective with rigorous academic standards, the program aims to cultivate future economic leaders equipped with critical thinking.