Brookings Institution

The Rust Belt is rapidly becoming the domain of industrial robots, with Michigan being home to a staggering 12 percent of the nation’s automated workforce. In terms of pure density, Detroit and another Michigan city, Grand Rapids, trail only Toledo just over the Ohio border as the Big Three...

In the Federal Reserve's current tightening campaign, the Federal Open Market Committee has looked into shrinking the central bank’s balance sheet. The median dealer expects the FOMC to allow the balance sheet to begin shrinking in the second quarter of 2018, according to the March survey...

There is an undeniable rivalry, a parallel sense of petulant pride between two countries with a grudge. Some people are even asking the unspeakable: Could the United States beat Russia in a fair fight, no nukes allowed? The answer is...maybe. Revelations about President Donald Trump’s back-...

So what if investment in the hot financial tech movement dropped $2 billion in each of the past two years? Pardon Trading Ticket, Inc. co-founder Nathan Richardson if he doesn’t lose his cool. He risked his life doing humanitarian work in war zones, even got captured once, and was forced out...

The farmers have spoken. Nearly 670 public and private organizations endorsed Secretary of Agriculture nominee Sonny Perdue on Thursday. In a joint letter “on behalf of the farmers, ranchers, hunters, forest owners, cooperatives, businesses, trade associations, and all other segments of the...

Jack Lew visited the Brookings Institution in Washington, D.C. on Wednesday in honor of the fifth anniversary of the Dodd-Frank Act. While there, he spoke about two countries scrambling to resolve domestic financial crises: Greece and China. Greece "Right now, I don't see any immediate threat to...

The Brookings Institution recently released its Global Metro Monitor 2014, which includes an updated list of the world’s wealthiest cities. Brookings looked at the 300 largest cities in the world and ranked the cities in order of gross domestic product per capita, adjusted for purchasing...

U.S. Treasury Secretary Jack Lew spoke at the Brookings Institution Wednesday about the need to end corporate tax inversions and reform the U.S. tax system following President Obama's State of the Union address. “Let me say at the outset that our entire federal tax code needs to be...