It’s like nothing that you’ve seen – the pending federal deficit. During the financial crisis, the budget deficit hit approximately $1.4 trillion – a record at the time. According to the Congressional Budget Office (CBO) the budget deficit for fiscal year 2020 (which ends in September) was expected to top $1 trillion before the coronavirus. […]
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Ten students from the College of Professional Studies are among the 18 recipients of the 2019-20 Albertson Medallion Award at the University of Wisconsin-Stevens Point. This is the highest award given by our university; less than one percent of the graduating classes has been selected. These students are a select group of graduating seniors who […]
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Each semester, University of Wisconsin-Stevens Point’s best and brightest student leaders are presented with the Chancellor’s Leadership Award. This semester, 14 students from the College of Professional Studies have been selected for this honor. These students are a select group of graduating seniors who throughout their careers at UW-Stevens Point have contributed significant leadership, demonstrated […]
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The UW-Stevens Point School of Business and Economics handed out $89,925 in 54 scholarships as well as multiple awards to students and faculty at its 2020 Virtual Awards Reception Friday, April 24 via an online video. [Photo Album] The School of Business and Economics is accredited by the Association to Advance Collegiate Schools of Business […]
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Never again. Shortages of PPE (personal protective equipment), medical testing, and medical supplies such as ventilators occurred across the country. While the U.S. spends more on healthcare than any other nation, inappropriate (or lack of) planning and vulnerable global supply chains left the U.S. without the equipment necessary to protect healthcare workers, first-responders, and its […]
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The U.S.-China Economic and Security Review Commission was created by the United States Congress in October 2000 with the legislative mandate to monitor and report to Congress on the national security implications of the bilateral trade and economic relationship between the United States and China. In 2019 the U.S.-China Economic and Security Review Commission held a hearing […]
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The stock market is not the economy. However, the stock market reflects what is expected to happen to the economy. Although some political leaders doubted the impact of the coronavirus on the United States, a growing uncertainty was becoming evident in U.S. financial markets. As the coronavirus worked its way through China, South Korea, and […]
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If there was any doubt about the severity of the coronavirus impact on the U.S. economy, those doubts came to an abrupt halt in March. The Department of Labor announced initial jobless claims soared to a seasonally adjusted 3.28 million in the week ended March 21, up from the prior week claims of only 282,000. […]
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Amidst undergraduate students from around the UW System, UW-Stevens Point students Emily Gruber ’23 (accounting, finance) and Cassandra Ostertag ’20 (interior architecture) along with UW-Stevens Point at Wausau students Ana Capetillo ’24 and Kieran Talley ’22 shared their work with legislators, regents, faculty and fellow student researchers at the 17th annual Research in the Rotunda […]
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Part 2 of this blog discussed the Congressional Research Bureau’s report on the change in real wages between 1979 and 2018 across percentiles and demographics (Table 1). That report also goes a step further and breaks down the real wage changes across the various demographic groups across four time periods. Table 2 below depicts what […]
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