Costs of the Debt Ceiling Fight, Black Business Growth, and More

May 25, 2023

Visitors walk on the plaza at the U.S. Capitol in Washington

Debt ceiling brinksmanship has clear negative effects on taxpayers

Even if policymakers raise the debt ceiling in time to prevent its constraining payments, negative effects on the U.S. economy could persist. Wendy Edelberg and Noadia Steinmetz-Silber explain why the ongoing fight has been bad for America’s fiscal health.

Woman speaks with business partners in an office room.

Who is driving Black business growth? Insights from the latest data on Black-owned businesses

Amid historic federal funding, the opportunities are ripe to invest in and grow Black business ownership, especially in historically underinvested areas. In a new report, Andre M. Perry, Manann Donoghoe, and Hannah Stephens explore the rise of Black-owned businesses and explain what it will take to transform recent growth into lasting change.

Join us online at 10:00 AM EDT for the report launch event. The conversation will assess the state of Black women-owned employer businesses and outline ways to overcome structural barriers.

A Kh-47 Kinzhal Russian hypersonic missile warhead, shot down by a Ukrainian Air Defence unit

Ukraine and the Kinzhal: Don’t believe the hypersonic hype

In 2018, Russian President Vladimir Putin claimed that the Kinzhal missile was a “hypersonic” weapon that could overcome all existing air defense systems. With Ukraine recently shooting down several of these missiles, Alexander H. Montgomery and Amy J. Nelson examine the hype surrounding hypersonics and dispel several myths.