Economy, business, innovation

USA

150 Young Southern Italians Gathered in New York With a Plan to Invest Back Home

There is a region in Southern Italy that has spent decades exporting its best people. Campania, the area surrounding Naples, one of Europe’s oldest and most storied cities, home to nearly six million people, to Mount Vesuvius, to some of the most influential cuisine in the world, has also been, for generations, one of Italy’s […]

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Why the Iran war is bad for U.S. economic growth

Key takeaways: A diplomatic settlement of the Iran war would bring some immediate economic relief, yet the extensive physical destruction of infrastructure critical to Iran and its neighboring Persian Gulf countries means global and U.S. economic growth will likely continue to suffer.In March, U.S. households suffered the largest one-month price increase in gasoline and diesel

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Research on climate change’s impact on U.S. workers underscores the benefits of workplace heat standards

Key Takeaways Climate change is driving record-breaking heat waves across the United States, which affect both indoor and outdoor workers as well as the broader economy.As the Trump administration debates whether to roll back a Biden-era federal workplace heat standard that protects workers from extreme temperatures, some states have begun implementing such rules on their

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Factsheet: What the research says about early care and education in the United States

Key takeaways The U.S. child care system is widely inaccessible and unaffordable, despite its importance to the healthy functioning of the overall economy. Care workers are also paid very low wages despite the high cost of care for families, leading to staff turnover and instability in the industry.Several states are considering or implementing policies and

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How does early childhood care and education affect U.S. families and workers, and which policies support child participation and boost the quality of care?

Key takeaways As states consider policy action in early childhood care and education, there is an existing—and growing—evidence base from which to draw lessons. This report summarizes the rigorous evidence on program and policy impact, identifying several key themes. Demand-side policies. These policies equip U.S. families with the means to access early care and education,

How does early childhood care and education affect U.S. families and workers, and which policies support child participation and boost the quality of care? Read More »

The other two-tiered U.S. tax system: How pass-through businesses let the ultra-wealthy dodge federal taxes

Key Takeaways The U.S. tax system is characterized by many loopholes and structures that tend to favor the well-off over average U.S. taxpayers. One two-tiered system embedded in the tax code is the tax treatment of C corporations compared to that of so-called pass-through firms.Wealthy pass-through business owners tend to pay a lower tax rate

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Federal policymakers can ensure Trump accounts do not exacerbate inequality in the United States

Key Takeaways U.S. citizens under the age of 18 are now eligible for a new asset development account, called 530A accounts or Trump accounts. Children born between 2025 and 2028 also are eligible for an initial seed funding of $1,000 for the accounts from the federal government.Policymakers need to take immediate action to ensure that

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A review of the state of child care in the United States

Key takeaways This report explores major trends and opportunities in states’ child care policies through the lens of key challenges at the national and state levels, including legislative trends and updates in child care policies.The COVID-19 era fostered significant investments by the federal government and key innovations in state-level child care policymaking, but it is

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Equitable Growth event covers tariffs, tariff uncertainties, and the limits of U.S. trade policy

The Washington Center for Equitable Growth recently hosted a webinar examining the economic, fiscal, and labor‑market effects of evolving U.S. tariff laws and regulations, particularly in the wake of the recent U.S. Supreme Court decision overturning tariffs imposed under the International Emergency Economic Powers Act. While those tariffs were struck down, uncertainty remains as the

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An Evening of Honors in Toledo for Consul Allegra Baistrocchi: From the Keys to the City to a Letter from the Governor of Ohio

An intimate but meaningful dinner in Toledo celebrated the work carried out over the past years by Italy’s Consul in Detroit, Allegra Baistrocchi, who is nearing the end of her mandate. The event was organized as a tribute by the partners with whom the Consulate has built projects, institutional relations, and economic initiatives that have

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