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13 Sep 16 - Business Economics News

RBA tips faster growth on mining rebound
Reserve Bank assistant governor Christopher Kent told a business conference in Sydney yesterday that the bank's economic forecasts had failed to anticipate dramatic falls in commodity prices over the past four years, but those prices were now rising.

Jindal School Launches New Business Economics Concentration
The Naveen Jindal School of Management has launched a new business economics concentration this fall to answer the growing demand for graduates with analytical and applied business skills in fields such as finance, banking, planning and management.

16 definitions on the economics of VC
Yet the entrepreneurial ecosystem that VCs have the privilege to help fund punches well above its weight in terms of impact on the U.S.

Business Economists Expect Growth for at Least 2 More Years
(AP) - Business economists still think the economy will continue to grow for the next two years, but they again have scaled back their expectations for just how much.

Silicon Valley a 'candy store for economists'
For eight years, Peter Coles had an economist's dream job at Harvard Business School. His research focused on the design of efficient markets, an important and growing field that has influenced such things as Treasury bill auctions and decisions on who ...

Why So Few American Economists Are Studying Inequality
Fourcade has looked at the differences among economists from different countries. She says American economists are more business-oriented, while those in Europe are more policy-oriented. And economists who went to the school that educated Piketty (for ...

Non-mining recovery losing vigour: NAB survey
“The recent downward trend in business conditions suggests that the non-mining recovery may have lost some vigour, but headline results from the survey still suggest these segments are performing well,” NAB chief economist Alan Oster said. “The survey ...

Study: big corporations dominate list of world's top economic entities
A study by the anti-poverty charity Global Justice Now found that the number of businesses in the top 100 economic entities jumped to 69 in 2015 from 63 in the previous year.

CEOs downbeat on growth outlook, new survey shows
The business economists expect the U.S. economy to avoid a recession for at least the next two years, but just barely. Their median estimate sees gross domestic product growing at an annual rate of 1.5 percent in 2016, down from their June forecast of ...

Services sector slumps, warning about economy
“The results demonstrate that business urgently needs confidence-building measures which drive productivity and reduce costs and barriers to growth.

Grant Thornton expands Cyber Risk and Transfer Pricing practices in Chicago
“Derek and Glen have consistently demonstrated strong leadership skills, outstanding industry expertise and a strong understanding of our clients' business needs,” said Vince Tomkinson, Grant Thornton's Chicago office managing partner. “They bring ...

ANZ: Be prepared for a slowdown in Australian economic growth
That's the view of Felicity Emmett, head of Australian economics at ANZ, who believes Australian Q2 GDP growth will likely be more than three times slower than the pace seen in the March quarter of this year.

Fed's Kashkari highlights reasons for tepid growth
In one of his first economic papers since joining the Minneapolis Fed in January, Mr Kashkari said that, “we are likely seeing a confluence of three fundamental causes all combining to slow the economic recovery ... Unfortunately, these headwinds aren ...

Slow growth weighs on Fed rate meeting
That view was offered up by Atlanta Fed President Dennis Lockhart on Monday to a group of business economists, who issued a fresh forecast that calls for continued subpar growth.

Australian Dollar US Dollar Exchange Rate Declines after Forecasts Point to Continued US Growth
The latest source of support for the US has been a survey result from the National Association for Business Economics, which has shown that business economists believe the US economy will grow unimpeded for at least 2 years. Less supportively ...

Australia's GDP increased 0.5pc in June quarter, up 3.3pc from year earlier
Capital Economics chief Australian economist Paul Dales said the result was a good one given the strong marker set in the prior quarter.

The Economist explains economics
For some countries, this monetary serfdom was tolerable because their industries were closely tied to Germany's, and business conditions rose and fell in tandem. But some countries could not live with it. Britain had been forced to abandon its currency ...

Deutsche Bank sees world economy, investment reversing for the next 35 years
Global economic leaders called from the sidelines of the G20 summit in Hangzhou for governments and businesses to fight to keep goods flowing across borders.

End of low-rate gymnastics spooks markets despite economic growth
The good news for Australia is that if there is global economic upward momentum then resource exporters would maintain or increase their current higher revenue.

Business Digest: Court says Yelp not liable for star ratings on site
The median estimate from economists surveyed by the National Association for Business Economics calls for gross domestic product growth of 1.5 percent this year, down from the 1.8 percent they forecast in June.

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