The Federal Reserve is expected to raise rates three-quarters of a point to a range of 3% to 3.25% – the highest level in 14 years. Robert Hockett is available to discuss how another interest rate hike could impact the economy.

Economics and Business

Law School

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The Russian invasion of Ukraine has been met with severe economic sanctions from Europe and the United States that will have ripple effects throughout the global economy. These Cornell University experts are available to discuss the conflict and its implications.

International

Law, Government & Public Policy

Economics and Business

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The United States and Europe have imposed financial sanctions on Russia and there are concerns that Russia will turn to cryptocurrency to help evade said sanctions. Robert Hockett says given the unity among the world's industrial nations to stop the war, Russia will be denied access to not only traditional banking and financial systems, but also to all the main crypto sites.

International

Economics and Business

Law School

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The Federal Reserve is expected to issue a new policy statement Wednesday with a timeline for hiking interest rates to combat inflation. Robert Hockett and Erica Groshen are available for interviews on the Fed’s announcement.

Law School

Industrial and Labor Relations

Economics and Business

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Bitcoin, Ethereum and dogecoin are falling as cryptocurrency gets caught up in the Evergrande selloff. 

Cornell SC Johnson College of Business

Law School

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All eyes are on Chinese property giant Evergrande this week as it approaches the deadline to settle interest payments on its offshore bonds. Will Cong and Robert Hockett weigh in on the situation and what may happen if Evergrande defaults.

International

Economics and Business

Law School

Cornell SC Johnson College of Business

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Robert Hockett and Will Cong weigh in on El Salvador becoming the first country to make bitcoin ‘legal tender,’ alongside the U.S. dollar.

Economics and Business

Law School

Cornell SC Johnson College of Business

Johnson Graduate School of Management

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Robert Hockett, professor of law, says the volatility introduced by the GameStop gambit will test the financial system and its protection of the 'real' economy. 

Law and Policy

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On Thursday, the House Financial Services Committee will host a hearing to discuss the recent GameStop stock speculation. The committee will hear from the CEO of Robinhood and other financial service apps that contributed to pushing the stock price of the gaming retailer to record highs. Cornell professors Scott Yonker and Robert Hockett comment on the upcoming hearing. 

Economics and Business

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Top officials from the U.S. and China will meet in Anchorage on Thursday and Friday for the first high level summit after President Biden took office. Cornell University experts, Allen Carlson and Robert Hockett, are available to discuss the political and economic implications of the summit.

International

Arts and Sciences

Law School

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