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October 26, 2023

Israel
What to Know About the Arab Citizens of Israel

Arabs represent one-fifth of Israel’s population. Systemic discrimination, outbreaks of communal violence, and the broader Israeli-Palestinian conflict continue to strain their ties with Israel’s Jew…

Arab citizens of Israel stand near demolished houses in the northern city of Qalansawe in January 2017.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

June 21, 2023

Infrastructure
How U.S. Aviation Infrastructure Works

Civil aviation plays a crucial role in the U.S. transportation network and economy. Ongoing turbulence from the COVID-19 pandemic, underinvestment in infrastructure, and climate change are clouding i…

Passengers look through airport windows at the tarmac.

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory