The zero lower bound is the concept that the federal funds rate would not be cut below zero percent. This lower bound constraint can limit the effectiveness of monetary policy when rates are at or ...

How do auctions shape economies, markets, and decision-making? In 1996, William Vickrey won the Nobel Prize in Economics for his groundbreaking work on auction theory, revolutionizing how goods, ...

Government officials and trainees from 10 countries across Africa and Asia take a group photo after the opening ceremony of the seminar on Aug 27. [Photo provided to China Daily] A total of 37 ...

Employees work at Orbbec's lab in Shenzhen, Guangdong province. [Photo provided to China Daily] As morning light sweeps across Shenzhen's skyline, the skyscrapers that have replaced the old fishing ...