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Japan’s economy barely grows in the last quarter as exports slow, with 2025 expansion just 1.1%.
Japan has reported its economy expanded at an anemic 0.2% annual pace in the last quarter, with growth for 2025 at just 1.1%.
Recent Louisa business closures highlight ongoing work to support local economy
As owners face challenges, the town and county say they’re working together to support businesses.
Oklahoma Sen. Kristen Thompson targets health, literacy and workforce reform
The Edmond Republican says improving health outcomes, reading levels and child care access is key to strengthening Oklahoma’s economy.
Trump vowed to boost Black business. Critics say he's failed so far
"When the economy weakens, Black households are usually the first to feel the effects," a researcher says.
Valentine’s 2026: How Galentine’s And Friendship Spending Are Expanding The Business Of Love
Valentine’s 2026 shows Galentine’s and friendship spending reshaping February, as shared wellbeing, dining and reciprocal gifting expand the modern relationship economy.
Trump immigration sweeps upended L.A.'s economy, with some businesses losing big
The report, commissioned by L.A. County officials, found that 82% of businesses surveyed reported negative impacts from immigration enforcement, with 44% losing more than half their revenue.
Dagen McDowell: AI, nation need to deal with exploding health care cost in order to continue existing
'The Big Money Show' panel analyzes the 'gray-shaped economy' and the January jobs report.
Tennessee Chamber launches first-ever 2026 Business Redbook to offer economy insights
The Tennessee Chamber of Commerce & Industry on Thursday announced the launch of its first-ever 2026 Tennessee Business Redbook.
Egan-Jones Explores How Sovereign Strategies Are Reshaping Global Business Centers
Egan-Jones released an analysis examining how differing sovereign strategies in places such as Singapore, New York, Switzerland, and Monaco are influencing where businesses locate talent, capital, and legal domicile in an increasingly digital and globalized economy.
Older Americans are driving a gray-shaped economy
Nearly all of the job growth in January came from the health care and social assistance sectors.
UK economy grows by 0.1% despite uncertainty over Reeves’s budget
ONS reports GDP growth increased in final three months of 2025 after 0.1% growth in previous three months
UK GDP report to show if economy kept growing in final quarter of 2025
Rolling coverage of the UK’s new GDP report, and the latest economic and financial news
House Gives Trump Rare Rebuke as Midterm Angst Grows
Good morning. The House gives part of Donald Trump’s tariff agenda a thumbs down. Old Economy stocks are on the march. And hotel bakeries are the new trendy bars. Listen to the day’s top stories.
Six House Republicans defy Trump to block his Canada tariffs
In a vote that GOP leaders fought hard to avoid, a half dozen Republicans sent a blunt message to President Donald Trump that they do not support the tariff regime that he has made the centerpiece of his second term.
US economy added 130K jobs in January, delayed report shows
The U.S. economy added jobs at a steady pace to start the year, as the Labor Department reported that employers hired 130,000 workers in January 2026, beating expectations.
Trump to Kudlow: ‘This country should have the lowest interest rates in the world’
Trump calls for "lowest interest rates in the world" during a FOX Business interview, claiming rate cuts could eliminate federal deficit and boost the economy.
'Self-defeating': Trump's Gordie Howe bridge threat upsets businesses
Various groups on both sides of the border said bridge opening delays could hurt the economy. Automakers, though, stayed mostly quiet.
Iran shuts down private businesses after protests as economy slumps
Many of the businesses had either observed strikes or expressed support online for the nationwide protests.
Retail sales were unexpectedly flat in December
US consumers unexpectedly held their spending steady in December as the labor market stagnated and feelings about the economy slipped.
‘These are people’s livelihoods’: Minnesota’s economy in crisis amid ICE surge
Local businesses across the Twin Cities are suffering and owners say ‘ Metro Surge’ could be worse than Covid-19
Garrett Richter: Set national standard for smart consumer protections in litigation funding
A common sense safeguard to protect courts, consumers, and Florida’s economy
GOP, Dems agree prices are higher over past year
Bringing down costs for middle-class Americans was a core tenet of President Donald Trump’s reelection bid in 2024. Since returning to office last January, the president has repeatedly insisted that he’s righted the economy and driven down inflation.
Survey: Business Owners Shoulder Rising Costs to Protect Workers
COLUMBUS, OH – A new survey of small and mid-market business owners from Nationwide finds that nearly half (49%) rate the U.S. economy as “poor” or “fair,” citing inflation, high interest rates, and fears of a potential recession as their top challenges. Even so, many business owners continue to prioritize their workforce – maintaini...
Six Political Stories to Watch This Week
Plus, an age-old question in Congress, and how Americans feel about the economy under Trump
Making science more visible
As he enters a laboratory with saltwater pools full of fish, Luka Žuvić explains how climate change is affecting the feeding ecology and reproductive biology of Atlantic bluefin tuna, and how the species is adapting.It is a topic that may seem remote to many people. But in a country where fishing and aquaculture are important to the economy and national identity, Žuvić’s research is at the intersection of science and society. “In Croatia, marine and environmental science are closely connected to people’s lives because fisheries, aquaculture, tourism and coastal development are a big part of our lives,” explains Žuvić, a doctoral student working at the Croatian Institute of Oceanography and Fisheries in the Adriatic coastal city of Split. He also serves as one of Croatia’s ambassadors to Science Comes to Town (SCTT), a European Commission-funded project that aims to make scientific research more accessible, while inspiring young people to study the sciences. The project kicked off in Spilt on 20 January with a conference attended by partner institutions, community representatives, policymakers and scientists. Along with Split, Brest (in France) and Kiel (in Germany) will host a year of activities connecting scientists with the public.Žuvić, 31, is part of the Young Researchers' Career Development Project, a doctoral programme funded by the Croatian Science Foundation. His research on Atlantic bluefin tuna builds on a foundation-backed project focusing on the reproductive potential of farmed tuna, including their sexual maturation and spontaneous spawning in captivity, which has implications for the restoration of the Adriatic Sea's natural tuna populations. He also studies the tuna's feeding ecology through stomach-content analysis, using DNA metabarcoding and morphological approaches, and employs geometric morphometrics to improve the identification of juvenile tuna and related species. The research aims to enhance understanding of the tuna farming ecology, improve fish farm management and contribute to sustainable aquaculture and fisheries research.Engaging with local communitiesConnecting with the community is crucial for Žuvić’s research. Conversations with fishermen help him better understand the bluefin tuna's habits and how marine pollution affects the fish. “They are also curious about the biology and ecology of bluefin tuna,” he says of local fishermen, adding that sharing research with non-scientists benefits everyone. “Sometimes scientific research is invisible,” he explains. “That's why we as researchers need to go out from our institutions and labs to the public so that we can show them what we are working on. This helps create more trust in the scientists and their research.”Engaging the public also raises awareness about the anthropogenic changes to the marine environment resulting from human activities and pollution. Žuvić helps remove plastic and other rubbish from the Adriatic Sea that pose a direct threat to marine species. Predators, such as bluefin tuna, are especially vulnerable to ingesting waste churned up by fishing trawlers. “They are very opportunistic fish that follow trawlers and ingest everything,” he notes. To illustrate the impact, he has shown students the contents of bluefin tuna stomachs. “Finding a plastic bottle cap in the stomach of a bluefin tuna is concerning,” he says. "Science can be a powerful way to turn curiosity into practical solutions,” Žuvić adds, and sharing research outcomes “helps increase public awareness and improve understanding of human impacts on the marine environment.”The research also has implications for Croatia's economy. The Atlantic bluefin tuna’s rich, flavourful meat is highly valued for sushi and other raw fish dishes. However, overfishing nearly brought its population to collapse by the early 2000s. Although the species has made a comeback in the Atlantic and Mediterranean regions, catches continue to be managed through agreements with the International Commission for the Conservation of Atlantic Tunas. Croatia was a pioneer in developing commercial aquaculture as an alternative to open-sea fishing and accounts for about 10% of the EU’s farmed production of the bluefin tuna, with Japan being a key export market.A history of European collaborationCroatia has participated in Europe’s framework programmes for research and innovation since 2007, six years before officially joining the EU. Žuvić believes that EU funding and collaboration with other European researchers is vital for Croatian science. As part of the SCTT opening conference, the Institute of Oceanography and Fisheries, the University of Split and other local institutions were part of a science fair to showcase research on topics, such as robotics and an EU LIFE project on the protection of sharks and rays in the Mediterranean. “I hope that Science Comes to Town will help increase scientific literacy and curiosity among citizens, particularly students, and show that science is not something that is distant or abstract, but something that directly affects everyday life,” Žuvić concludes. “Ultimately, I hope that projects like it contribute to building a society that values knowledge and critical thinking, and that we can think about long-term sustainability using knowledge from science.”Science|Business, which connects policymakers, academics and industry through its news reporting, analysis and events, is an SCTT partner.
Trump accepts ownership of the current economy: 'I'm very proud of it'
In an exclusive interview with NBC News, the president said the country is already experiencing the "Trump economy."
The Transformation Economy: Are You Ready For The Next Big Shift In Business?
Customer experience has evolved beyond memorable moments. Today’s most valuable experiences drive transformation, delivering outcomes that change behavior, confidence, and long-term value.
Why Dr. Oz wants you to retire later
Mehmet Oz says Americans should get healthier so they can work an extra year and boost the economy. That’s hard for the poor and less educated, who tend to retire earlier.
Week in politics: Trump's engagement in foreign conflicts, poll reveals where voters stand on key issues
NPR Political Correspondent Domenico Montanaro joins to discuss the Trump administration's engagement in foreign conflicts, as well as what a recent poll says about what where voters stand on several key issues, including immigration and the economy.
The Sports Economy's $8.8 Trillion Potential
"Sport can reinforce today’s extractive patterns—or it can model a new definition of success," writes Sebastian Buckup.
Business Lookahead: Near, far, wherever markets are
STORY: From Japan's snap election to key U.S. data, these are the stories to watch in business and finance in the coming week. :: Japan votesJapan's Prime Minister Sanae Takaichi is hoping for a stronger mandate as voters head to the polls on Sunday.The closely-watched lower house election is shaping up to be one of the most unpredictable in years.A strong showing by Takaichi's Liberal Democratic Party would allow her to expand stimulus.That could heighten concerns about Japan's finances and push up government bond yields further in a selloff that could ripple out overseas.:: AI winners and losersCisco Systems and Germany's Siemens Energy report earnings on Wednesday.They've benefited from the AI boom in different ways, but now Barclays says that trade is "seeing extreme dispersion."That’s been evident in sliding software and data analytics stocks, which have plunged as traders focus on the existential threat posed by increasingly powerful AI models.AI enablers, companies contributing to the global AI data center build-out, meanwhile, have fared better. :: Delayed data dumpA double dose of major U.S. economic reports should give investors a critical view of the economy, following a delay by the recently ended three-day government shutdown.The January non-farm payrolls report, now due on Wednesday, is expected to show an increase of 70,000 jobs, according to a Reuters poll. Then, on Friday, the Bureau of Labor Statistics is set to release the January consumer price index, one of the most closely watched measures of inflation.
Analysis: FDR had the ‘Arsenal of Democracy.’ Hegseth has an ‘Arsenal of Freedom’
When Franklin D. Roosevelt wanted Americans to join the fight against the axis of Nazi Germany, Fascist Italy and Imperial Japan in 1940, without actually entering the war, he called on Americans to pivot their economy to equip democracies around the world.
Fact check: The Trump lies an NBC anchor let slide
When President Donald Trump claimed to NBC Nightly News anchor Tom Llamas in a Wednesday interview that “I’m getting – starting to get great polls on the economy,” Llamas quickly pushed back by noting that Trump’s polling on the economy is “not great.”
Poll: Most want Supreme Court to rule against Trump on tariffs, Fed control
Large majorities of the public want the Supreme Court to rule against Trump's tariffs and against his attempt to fire Lisa Cook from the Federal Reserve.
The economy is the world's most important problem, but not America's
Only the U.S. and eight other countries – out of 107 – cited politics as their top problem in a new Gallup survey.
Elon Musk’s mega-merger makes little business sense
The AI economy’s dealmaking keeps getting wilder
Entertainment in an Easter egg economy
From Taylor Swift to Stranger Things, pop culture fandom now includes sleuthing—for better or...
Maryland Companies Celebrate Global Collaborations, Industry Honors and Local Partnerships
The Maryland Marketing Partnership, which helps drive Maryland's branding and marketing efforts to attract businesses, create jobs, and grow the state's economy, today shared a summary of the latest news from companies and organizations that invest in the partnership. "Maryland's marketing partners are starting the year with major investments in our state's workforce and economy," said Harry Coker Jr., Secretary for the Maryland Department of Commerce. "From clean energy to biopharma to higher education to commercial real estate, these investments are helping us build a stronger and more competitive Maryland economy." BGE , Maryland's largest natural gas and electric utility, along with the Exelon Foundation , announced a $250,000 grant for Civic Works' Baltimore Shines solar initiative to support solar installations for 30 homes in Baltimore. According to Civic Works, homeowners will receive free rooftop solar installations, adding clean energy to the grid and generating more than
Iran’s economy falters as internet shutdown hits people, businesses hard
The state-imposed blackout has disconnected Iranians from the world and choked off businesses.
Trump’s AI push exposes a divide in the MAGA movement
There is a growing fault line within Trump’s coalition over how aggressively to unleash a technology that is rapidly reshaping the economy and society.
America's K-Shaped economy is breaking fast food's old playbook
Usually, fast-food consumption is a reliable recession indicator, but in a K-shaped economy, the old playbook has broken down, analysts say.
UK Chiefs’ Confidence Jumps in Latest Sign of Economic Momentum
UK business confidence leaped to its highest in eight months, adding to evidence that the economy may be gaining momentum after the budget.
The 2026 Virginia Black Business Leaders Awards
From rebuilding communities in the post–Jim Crow era to leading Fortune 500 companies and public institutions today, Black business leaders have played a central role in shaping Virginia’s modern economy. Today, they are driving growth, innovation and opportunity across the commonwealth — leading major corporations, expanding small businesses, strengthening public institutions and driving progress across […]
Health care costs are cannibalizing the economy — consumers can fight back
American health care costs are cannibalizing the economy, with 2024 national health expenditures reaching $5.3 trillion, double the developed-world average, and hidden prices being the main reason …
Flew 9 hours in Europe's 'best' airline economy cabin; food impressed
Turkish Airlines is considered the best airline in Europe. Besides a few complaints, I get the hype — and I'd actually recommend eating the food.
Colorado economist shares what it takes for strikes to affect economy, drive change
The ICE surge has disrupted business. Minnesota’s top economic official is ‘very concerned.’
In an interview, DEED Commissioner Matt Varilek spoke at length about how ICE is affecting businesses and making the job of growing the state’s economy more difficult.
Starmer arrives in Shanghai as he looks to boost UK business opportunities
BEIJING (AP) — British Prime Minister Keir Starmer arrived in the Chinese financial center of Shanghai on Friday in his bid to boost business opportunities for U.K. firms in the world's second-largest economy, just hours after U.S. President Donald Trump signaled a possible opposition to any deal...
Starmer arrives in Shanghai as he looks to boost UK business opportunities
British Prime Minister Keir Starmer has arrived in the Chinese financial center of Shanghai in his bid to boost business opportunities for U.K. firms in the world’s second-largest economy, just hours after President Donald Trump signaled a possible opp...
Trump to announce Federal Reserve chair nominee today; French economy slows
Rolling coverage of the latest economic and financial news
UK business confidence weakens as doubts grow over wider economy
British business confidence has weakened this month after executives' view of the global economic outlook declined to its darkest in a year, a survey by Lloyds showed on Friday.
At World’s Busiest Port, China’s Unbalanced Economy Comes Into View
The shipping traffic and factories never stop in China’s port city of Ningbo, but the local housing market has crashed and nearby restaurants sit empty.
Behavioral Health as Economic Infrastructure
As behavioral health shapes productivity and inclusion, Catalight is building sustainable care models fit for the global economy
Iran delegates import powers as US war threats keep economy unstable
Iranian governors gain new powers as country prepares for possible war amid sanctions and looming geopolitical tensions.
Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs
In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash
Historic $300-billion wave of business acquisitions set to reshape Canada’s economy: BDC study
Key findings: 61% of small- and medium-sized businesses (SMEs) are led by owners aged 50+; nearly one in five plan to exit within five yearsCompanies that acquire other businesses earn four times the profits of non-acquirersFor every 10 buyers, only seven are sellers—competition for strong businesses is fierce MONTREAL, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Canada’s business landscape is on the brink of a major transformation. A new study by the Business Development Bank of Canada (BDC) reveals thou
WATCH LIVE: Trump gives speech on energy and the economy as Minnesota shooting fallout continues
Iranian businesses suffer new blow as internet blackout lingers
Ali Hakim Javadi, head of the Computer Industry Organization, has estimated that the internet outages have caused economic damage of between $18 million and $27 million. Iranian businesses are reeling from an internet blackout, imposed while authorities used massive force to crush large-scale protests, which have crippled commerce in an already battered economy.
Why Minnesota’s CEOs finally broke their silence
Minnesota’s corporate giants have remained silent publicly for more than a month as their businesses and the local economy suffered from massive federal immigration operations in the Twin Cities.
In downtown Wilmington, Live Oak shutting down inclusive small business center
Live Oak Bank is turning Channel off. Described by Live Oak as an inclusive small business center, Channel opened in November 2021 to serve as a free resource for small business owners, helping numerous minority-owned and other small businesses from its headquarters downtown at 106 Market St. "After careful consideration, we’ve decided to bring Channel ... to a close at the end of this month. Live Oak determined that the needs of Wilmington’s small business community have evolved. Since Channel opened, the local small business ecosystem has grown significantly, with many strong organizations now offering education, technical assistance and community programming for entrepreneurs," stated Claire Parker, managing director of corporate communications for Live Oak Bank, in an email Monday. "With those resources firmly in place, Live Oak is refocusing on what we do best – providing banking and financing solutions that help small businesses grow and thrive." Channel's demise also resulted in the elimination of two positions – those of Channel's director, Chakema Clinton-Quintana, and Atiba Johnson, the certified professional business advisor (CPBA) at Channel. On Monday, Clinton-Quintana, who was elected to the Wilmington City Council in November, said of her immediate plans after Channel: "I will continue my work serving the public while I look for other full-time opportunities." She said Channel "served over 1,000 small business owners in the greater Wilmington area, as well as some of the surrounding areas, such as Brunswick and Pender. A lot of folks had reached out to us needing those resources because they were free, and we were able to assist them in that capacity." Johnson said he will be devoting his time to the Wilmington Minority Chamber of Commerce, which is not affiliated with the Greater Wilmington Chamber of Commerce. The minority chamber is celebrating its launch from 5 to 8 p.m. Tuesday at the Wilmington Sportsman Club, 1111 Castle St., Wilmington. Johnson, the founder and executive director of the new chamber, said about 50 businesses are on board to join the Wilmington Minority Chamber of Commerce. According to a news release, the new chamber "was established to foster growth, networking, and advocacy for underrepresented business owners. By providing essential resources and community engagement, the chamber aims to build a more inclusive and prosperous local economy." Johnson said the creation of the new chamber is in response to "lapses in funding, education, advocacy for minority businesses...Some of the things that are going on now just don't reach all the way down to those businesses." For Lynne Jones, owner of LJ Design Studio LLC, the loss of Channel also means a reduction in income. She had contracted with Channel to run the center's social media and to provide some marketing for small business owners. "It's pretty disappointing to hear that it is closing...it was a place to connect with other small business owners and collaborate. It was like a family for those of us who were there. If you had issues or things that you needed to talk through concerning your business, there was always someone there that you could sit down with and talk things through, recalibrate, and they set you off on your way to make that pivot and move in a different direction," Jones said Monday. She said she worked with many Channel participants creating their websites and will miss seeing the joy on their faces when those websites were up and running. Dawn McDowell, owner of Creatively Covered Co. LLC, credits Channel with helping her business grow and regrow after her social media pages were hacked and shut down in 2023. "Channel was a great resource for small businesses, for women-owned businesses, for minority-owned businesses; they provided a lot of assistance, especially when you needed it," McDowell said. "If it wasn't for Channel, I don't know if I'd be where I am now, in my business, and regrowing my business and even finding out about some of the certifications and things that were out there for small businesses that I just didn't know about ... because there was no one really sharing that information for small businesses, for minority- and women-owned businesses in particular." Parker said shutting down Channel was not part of an overall cost-cutting plan. She stated in the email, "Live Oak’s commitment to Wilmington remains strong. We are continuing to support entrepreneurs by focusing our efforts where we deliver the greatest value – through specialized banking and financing solutions aligned with our mission to be America’s small business bank." As for Channel's downtown office, Live Oak had leased the 5,000-square-foot space above Seabird restaurant in 2021. The bank’s lease for the office is up in March, Parker said.
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