Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Mon, Mar 27, 2023 04:31 PM All times are UTC

Follow Series

©PUBLISH holdings LLC . All Rights Reserved.

Gerald P. Dwyer

Professor Emeritus of Economics and BB&T Scholar, Clemson University
Gerald P. Dwyer is Professor Emeritus of Economics and BB&T Scholar at Clemson University. Prior to his appointment at Clemson as a Professor and BB&T Scholar, he was the founding Director of the Center for Financial Innovation and Stability and a Vice President at the Federal Reserve Bank of Atlanta. Dr. Dwyer has been a faculty member at Texas A&M University, Emory University and the University of Houston. He is a Research Associate at the Centre for Applied Macroeconomic Analysis at Australian National University and a Senior Fellow of the American Institute for Economic Research. He has been a Visiting Scholar at the Federal Reserve Banks of Atlanta, St. Louis and Minneapolis and at the University of Cambridge as well as an adjunct faculty member at Trinity College Dublin and the University of Carlos III in Madrid.
Dr. Dwyer’s recent research is on financial innovation, especially digital currencies, and financial crises and regulation. His research has appeared in leading economics and finance journals, publications by the Federal Reserve Banks of Atlanta and St. Louis, and books. He serves on the editorial boards of the Journal of Financial Stability and Finance Research Letters. He is a past President and member of the Executive Committee of the Association of Private Enterprise Education. He also was a founding member of the Society for Nonlinear Dynamics and Econometrics, an organization which he served as President and as Treasurer and which honored him by creating the Gerald P. Dwyer Prize in Financial Econometrics.

US is spending record amounts servicing its national debt – interest rate hikes add billions to the cost

Jan 31, 2023 07:25 am UTC| Economy

Consumers and businesses arent the only ones feeling the pain of higher borrowing costs because of Federal Reserve rate hikes. Uncle Sam is too. The U.S. government spent a record US$213 billion on interest payments on...

Economy

Hybe selling its SM shares after its failed acquisition bid

Hybe has recently given up its takeover bid of SM Entertainment and made the decision to just work together with Kakao. Before this, the three companies were in a heated conflict due to the sale of shares. Kakao was...

HYBE gives up SM Entertainment takeover bid, to cooperate with Kakao

South Korea’s Nongshim looking to set up its third plant in US

Nongshim Co., Ltd., a South Korean food and beverage firm headquartered in Seoul, is reportedly considering the construction of a new manufacturing facility in the United States. Currently, the company is said to be...

Toshiba agreed to a Japan consortium’s $15B buyout offer

Toshiba Corporation has accepted a buyout proposal worth $15 billion from a consortium led by Japan Industrial Partners (JIP) private equity firm. The bid set the companys value at 2 trillion. Reuters reported that a...

Accenture reveals job cut plans worldwide affecting 19,000 roles

Accenture plc, an Irish-American professional services company specializing in information technology (IT) services and consulting, is cutting jobs that will affect its offices around the world. Accenture plans to carry...

유럽연합 당국, 반독점 규정 위반 혐의로 '레드불' 급습

원본 기사 : EU antitrust regulators raid Red Bull premises for suspected rule violations 유럽연합 집행위원회는 21일(현지시간) 반독점 감시당국이 카르텔 가담 및 시장 지위 남용 혐의로, 다수의 유럽 국가 에너지 음료 시장에서...

Politics

Myanmar coup: US sanctions Myanmar military jet fuel supplies

The United States announced a new round of sanctions on the Myanmar military, targeting its suppliers of aviation fuel and connected businesses. The new round of sanctions comes amidst the unrest in Myanmar following the...

US warns Honduras China's promises are often undelivered

The de facto US embassy in Taiwan warned that China often does not deliver on the promises it makes. The warning comes as Honduras has severed its diplomatic ties with the island nation as it opens formal relations with...

US, Canada stand united against authoritarianism

US President Joe Biden and Canadian Prime Minister Justin Trudeau agreed to stand united against authoritarian regimes in the world during Bidens visit to Canada. Bidens visit to Ottawa follows the recent summit held by...

UK to announce plans to house migrants into military bases in coming weeks

The British government is reportedly expected to announce its plan to house migrants seeking asylum in the United Kingdom in military bases in the coming weeks. The plan follows the introduction of legislation that sought...

UK: Civil servants to strike in April

Thousands of civil servants in the United Kingdom are set to take strike action starting in April. The strike action comes amidst waves of strikes staged by several key sectors in the country. The British Public and...

Science

Scientists, environmentalists oppose plan to build octopus farm

Scientists and environmentalists have expressed deep concern over a plan to build the worlds first octopus farm in the Canary Islands, as it is detrimental to the welfare of the creatures renowned for their intelligence...

Hellmann’s testing temperature-detecting smart jars to reduce food waste

Unilevers Hellmanns is testing a smart jar with a label using temperature-sensitive ink that changes to reveal a hidden layer when in an environment below 5C. The innovative smart jar is part of Hellmanns efforts to...

S. Korea’s sleep-inducing lettuce to be grown in Australia

A South Korean lettuce variety called heukharang or black harang, which serves as a natural treatment for insomnia is set for cultivation in Australia. Jeollanamdo Agricultural Research Extension Services (JARES)...

How amateur scientists are still helping make important discoveries

What images does science conjure up in your mind? You may well be visualising a laboratory, equations scrawled on a blackboard. Figures are surrounded by glassware filled with coloured liquids. Maybe someone, with...

Drinking Coke, Pepsi could increase testicle size, testosterone level: study

A study by the Northwest Minzu University in China has revealed that drinking Coca-Cola and Pepsi can lead to larger testicles and higher testosterone levels. The university was determining the impact of carbonated...

Technology

Kraft Heinz to tap AB InBev's BEES e-commerce platform to boost biz in Mexico, Colombia, Peru

Kraft Heinz will use AB InBevs BEES e-commerce platform to increase distribution points and expand the number of items available to retailers in Mexico, Colombia, and Peru. The deal, according to the Heinz Baked Beans...

Panera Bread adds Amazon palm recognition scanner to its stores

Panera Bread, an American chain store of bakery-café fast-casual restaurants, announced it would be adding Amazon Ones contactless technology to its 200 stores across the country. Amazon also said that the bakery is...

Logitech expands retail reach in Singapore with Watsons rollout

Logitech and Watsons are collaborating to sell lifestyle and technology items in-store throughout Singapore. Watsons will sell Logitechs K380 Multi-Device Bluetooth Keyboard, Pebble Wireless Mouse M350, Lift Vertical...

Samsung to invest $230 billion in building mega chip cluster

Samsung Electronics will invest $230 billion over the next 20 years chip-making mega cluster, which will be established in Gyeonggi Province by 2042. Samsungs five new semiconductor plants would anchor South Koreas...

Samsung steals Xiaomi’s crown in India’s smartphone market

Samsung Electronics took a 20 percent market share in India in the last quarter of 2022 to take the top spot in the worlds second-biggest market for devices over erstwhile leader Xiaomi Corp., who had an 18 percent market...