The Fed – Capital Flows, Asset Prices, and the Real Economy: A “China Shock” in the U.S. Real Estate Market

Capital Flows, Asset Prices, and the Real Economy: A “China Shock” in the U.S. Real Estate Market Zhimin Li, Leslie Sheng Shen, Calvin Zhang Abstract: We study the effects of foreign real estate capital flows on local asset prices and employment using detailed housing transactions data. We document (i) a “China shock” in the U.S. real estate market after…

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Haidian’s GDP grows 2.6%, top contributor to Beijing’s economy | Infosurhoy

By Denis Bedoya on July 29, 2020 Economy The GDP of Beijing’s Haidian district registered 397.05 billion yuan (US$56.74 billion) in the first half of this year, up by 2.6% year on year and contributing to 24.5% of the city’s total GDP, according to data released at a press conference on Monday. Information service, research and development, and the…

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Journey to the Data Economy | Computerworld

In recent years commercial and governmental organisations have taken steps to improve their data governance and develop the capability to share data internally, externally and via commercial data exchange. When done correctly, this data sharing and commercial data exchange is a powerful process that can help organizations to join the data economy. This eGuide shows businesses the path towards…

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Dr. Ron Paul asks: Will the Federal Reserve cause the next riots?… Gold hits record high on new economy fears… School closures exacerbate economic divide in America

July 28, 2020 Dear reader, Gold and silver prices have climbed to record highs… Bitcoin has surged past $10,000…  Rural homes and acreage are selling faster than they have in decades to folks anxious to get out of cities… And the stock market rallies on any new government stimulus news. The chief U.S. economist at Deutsche Bank predicts that…

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IBM poll: Covid-19’s spread unfurls consumers’ concerns about economy workplace safety

The enduring Covid-19 global pandemic has affected Americans’ psyche to the extent that 72% said the coronavirus has made them more concerned for their well being and that of their families as well as worries about a second wave coming this year, according to an IBM poll released July 27. Other issues high on Americans’ worry lists are returning…

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Seattle DJC.com local business news and data – Business – Analysts warn U.S. economy needs help now

Economists urge continued extra aid for unemployed Americans, more funding for state and local governments, and more grants for struggling small companies. WASHINGTON — As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering. And so is concern that the government may not…

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Visualizing vulnerable jobs across America: A tool to understand your local economy and inform its recovery

By Marcela Escobari, Natalie Geismar, Dhruv Gandhi The economic impacts of COVID-19 have been felt locally—in cities and towns across the United States, already shuttering more than 100,000 businesses and putting nearly 15 million workers out of a job. The crisis has exposed a deep insecurity pervading America’s labor markets, particularly low-wage markets, driving some states’ unemployment rates to…

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How Tech And Remote Work Will Turn The Economy Around

Necessity is the mother of invention as the old saying goes, and our inventiveness during this economic downturn has led to modernization of a lot of processes and industries. The Great Depression brought inventions like the chocolate chip cookie, electric razors, and car radios, so what great advancements will come out of the current economic downturn? The Work From…

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