Podcast: Is Coal As Good As Done?
SMITH BRAIN TRUST — U.S.-based coal giant Peabody Energy’s bankruptcy filing
The Economics Fueling Trump, Sanders
SMITH BRAIN TRUST — “America is witnessing a political supernova — voter flirtation with Donald Trump and Bernie Sanders — because both political parties have failed ordinary folks,” says economist Peter Morici at the University of Maryland’s Robert H.
Why U.S. Should Reject ChemChina-Syngenta Deal
SMITH BRAIN TRUST -- ChemChina’s $43 billion bid to take over Swiss seed and pesticide maker Syngenta and similar deals "should be rejected" until “China genuinely opens itself to foreign investment,” says economist Peter Morici at the University of Maryland’s Robert H. Smith School of Business.
Five Effects of the Interest Rate Hike
SMITH BRAIN TRUST — The Federal Reserve's decision to raise interest rates for the first time since 2006 “has the potential to push up the cost of mortgages, slow jobs creation and curb stock prices,” says pr
Five Reasons Job Creation Disappoints, Despite Uptick
SMITH BRAIN TRUST -- The ADP National Employment Report shows a private-sector increase of 217,000 jobs in November 2015, indicating a pace “twice that needed to absorb growth in the working age population” and signals the “economy is fast app
U.S. Spending Shows Confidence, Morici Tells WSJ
SMITH BRAIN TRUST -- Consumer spending indicates Americans are not affected by financial market volatility and economic troubles abroad.
Craft Beer Community Conflicted by Macro-Brewer Power Plays
SMITH BRAIN TRUST -- As craft beer booms, Anheuser Bush InBev appears to be defending and expanding its market stake. The world’s biggest brewer wants to buy its biggest competitor, SABMiller, and subsequently claim about 57 percent of global industry profits.
Congratulations, Dad! See You in One Year
SMITH BRAIN TRUST -- Software firm Adobe announced this week it will expand its family paid-leave benefits -- including up to six months for birth mothers. This follows
China’s Gold Hoarding Spells Trouble for the Dollar
SMITH BRAIN TRUST -- China’s 57 percent hike in its gold reserves over the past six years, though lower than anticipated, illustrates the nation undercutting the dollar, says professor Peter Morici, economist i
Market Reaction Muted after Greece 'No' Vote
SMITH BRAIN TRUST -- U.S., European and Asian stock markets all fell in response to Greece rejecting austerity plans demanded by international creditors. But the market reaction was more muted than analysts had expected, reports the BBC. Those experts include William Longbrake, executive-in-residence at the University of Maryland’s Robert H.