As much as preschool is about giving young children a head start in learning, it’s also about economics. For New York City, one of the country’s largest and most racially segregated school districts, the start of free preschool for all 4-year-olds has major financial implications moving forward — and some working parents are already … Continue reading
Investors are bracing for what could be a bumpy ride after the People’s Bank of China devalued the yuan by nearly 2 percent overnight. The VIX index, which measures market volatility, peaked at more than 14 percent Tuesday afternoon. Meanwhile, the Dow plunged over 200 points, the S&P 500 slipped by about 1 percent and … Continue reading
The stock market closed higher on Friday, riding the good news of this month’s jobs report. The U.S. economy added 223,000 non-farm jobs in April, according to Friday’s report from the Bureau of Labor Statistics. The number exceeded expectation and signals brighter days ahead for an economy some feared was stalling. The promising numbers come after … Continue reading
The team here at World Policy Journal is proud to present our latest issue, Change Matters on all things currency and finance. The issue features: A conversation with the CEO of the London Stock Exchange Group on global finance Analysis of Bitcoin’s prospects Alternative Currencies article Map of global remittances Timeline from 1990-2014 of major … Continue reading
By Marguerite Ward, PolicyMic Election officials are now in the process of counting the more than 7 million votes of Afghanistan’s presidential election. As the United States scales back its military presence, President Karzai leaves office after 13 years in power and the population faces continued threats from the Taliban, this election has a lot at stake. The … Continue reading
