Exclusive: Micron to exit server chips business in China after ban, sources say
Micron plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products
US weekly jobless claims decline, JPMorgan and Goldman Sachs estimate
Economists estimate weekly jobless claims fell to 217,000 from 235,000. The number of Americans filing new applications for jobless benefits fell last week, economists at
US workers experience large month-to-month fluctuations in pay
Over the past decade, cities and states in the US have enacted ‘fair workweek’ laws to stabilise worker schedules. This column uses administrative data on
Reforming the education of economists in Europe: Breaking the tyranny of the top five
Many European countries have adopted the American model of doctoral training and academic evaluation. While this model suits America’s vast, mobile labour market, in Europe
Protect to prosper: How nature-based tourism drives jobs and growth
That selfie you took on an idyllic white sand beach, in a sprawling city park, or atop a mountain range at sunset? It’s more than
When the heat rises, progress on women’s economic empowerment cools
Hotter-than-usual years can slow or derail advances in women’s legal rights. A new analysis spanning five decades finds that temperature anomalies—years significantly hotter than a country’s historical
Grants to women-owned businesses: when what’s for her does not stay with her
What explains why grants to women-owned microenterprises often fail to yield improvements in business outcomes, especially as compared to grants to men’s microenterprises? This is
Measuring what matters for business: The new B-READY data in the World Development Indicators
What makes a country a great place to start and grow a business? Among low-income economies across the world, only 29% have a single centralized
Explaining firm-level reactions to macro shocks
Understanding differences in firm responses to macroeconomic shocks is key for designing policy actions. This column identifies 67 macro shocks using ‘jump’ days in the
From crisis to action: Mobilizing tools for rapid response and lasting resilience
Over the past year, I’ve seen a growing interest in, and a stronger demand for, better tools to prepare for and respond to crises. Our
