Speculation early this year was that the Federal Reserve would likely raise interest rates in June, but now most experts say that decision has at least been pushed back to September. NC State University economist Mike Walden discusses what’s behind the postponement.
The federal stimulus program implemented during the recession spent a significant portion of the funds on public education. Do we have any information on how schools spent these funds? N.C. State University economist Mike Walden answers.
The world has changed dramatically in recent decades. In particular, the U.S. economy is not as dominant as it once was. Some say this may eventually mean the U.S. dollar will lose its elevated position in world finance. NC State University economist Mike Walden considers whether such a change is inevitable.
One of the many economic statistics released regularly is one on labor productivity. NC State University economist Mike Walden pays attention to this number and hasn’t been happy with it recently. What’s wrong?
Technology is rapidly changing everything in our world, including the economy. Some say that if trends continue, we will soon be living in a concierge economy. NC State University economist Mike Walden explains what that means.
Most disciplines have their own jargon and terms, and economics is no exception. One such economic term is hand-to-mouth wealth. NC State University economist Mike Walden explains what it is and why it’s important.
Americans recently reached a milestone in terms of how they eat. NC State University economist Mike Walden explains.
Most people have recently completed their income tax filing, so it’s a good time to review some tax concepts. At the top of the list is tax rate, which may sound simple. But is it? NC State University economist Mike Walden responds.
One of the biggest issues in the economy in recent years has been the relatively slow improvement in jobs. NC State University economist Mike Walden outlines some of the reasons for this.
As interest rates have fallen in recent years thousands of homeowners have refinanced their home mortgages to lower rates. When does this make sense? And what impact does it have on household finance? NC State University economist Mike Walden answers.