It’s no secret economists love generating statistics and plugging them into complex formulas to create models of economic behavior. Yet they still often miss the mark when it comes to economic forecasting. Click Here For More EVOLVE News Content Listen to more of the Spare Change PodcastRead More
After a huge year in 2024, the landscape for cryptocurrencies could change dramatically over the next several months. Crypto’s standard bearer Bitcoin increased 150% in 2024 while the aggregate value of all digital currencies nearly doubled to $3.3 trillion, fueled by the launch of exchange-traded funds for Bitcoin. And while there has been a lot […]Read More
Whether travelling back to the future, taking a walk along the time tunnel or just relaxing in a hot tub time machine, Americans have long been fascinated with time. Even during the holiday season, when the workday routine is replaced with festive celebrations with family and friends, we still can’t stop thinking about the year […]Read More
For years since its founding in 1913, the Federal Reserve Board operated out of sight from most Americans. The high priests of high finance practiced their green arts in obscurity while most people knew little or nothing of their existence. Click Here For More EVOLVE News Content Listen to more of the Spare Change PodcastRead More
It’s the most wonderful time of the year – if you are a consumer looking for deals on holiday gifts. But the season of giving has become the season of discounts and that could mean less than merry results for retailers. According to the conventional wisdom, the day after Thanksgiving is the shining gate to […]Read More
The Supremes said you can’t hurry love, and it turns out you can’t hurry regulations for artificial intelligence either. At least according to Federal Reserve Board Governor Michelle Bowman. Click Here For More EVOLVE News Content Listen to more of the Spare Change PodcastRead More
Like an over-protective mother that believes no one deserves their child – at least when it comes to romantic happiness – the U.S. economy is never going to be quite good enough for the Federal Reserve Board to provide some economic delight. Click Here For More EVOLVE News Content Listen to more of the Spare […]Read More
Consumer confidence has traditionally been one of the key measures of the health of the U.S. economy. But no longer. Consumer confidence is now a bogus statistic, suitable only for cherry picking a data point that sounds persuasive but really isn’t. In the first post-election snapshot of consumer attitudes, the results unsurprisingly showed that those […]Read More
Most talk of an “October surprise” is focused on the U.S. Presidential election, but the International Monetary Fund may have beaten political operatives to the punch. In its October Financial Stability Report, the IMF painted a picture that should send a chill down the spine of consumers, investors and governmental officials with any lingering concerns […]Read More
There are big things coming in the world of artificial intelligence. Not better self-driving cars or android personal assistants or even our robot overlords. The next big thing in AI will be government oversight and it is happening now. The U.S. Commerce Department sent out a media release in late October marking the one-year anniversary […]Read More
