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Economy

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Breaking News, Economy

China-US tensions: how global trade began splitting into two blocs

August 12, 2022 No Comments

Speaker Nancy Pelosi’s visit to Taiwan has elicited a strong response from China: three days of simulated attack on Taiwan with further drills announced, plus a withdrawal from critical ongoing conversations with the US on climate change and the military. This strong reaction was predictable. President Xi had earlier warned

 6,657 Views

Continue Reading Post

The US is revisiting its trade relations with African countries: key issues on the table

August 9, 2022 No Comments

Last year, the US’s Biden administration announced plans to increase two-way trade and investment between the US and Africa. The starting point was a revamp of the Trump-era “Prosper Africa initiative”. As American secretary of state Antony Blinken visits three African nations – South Africa, Democratic Republic of Congo and

 5,883 Views

Continue Reading Post

Is the US in a recession? Well, that depends on whom you ask – and what measure they use

August 1, 2022 No Comments

The U.S. economy shrank at an annual rate 0.9% from April through June, the Bureau of Economic Analysis estimated on July 28, 2022. It follows a contraction in gross domestic product of 1.6% recorded in the first quarter of the year. Some observers suggest the two quarters of contraction constitute

 767 Views

Continue Reading Post

How sustainable manufacturing could help reduce the environmental impact of industry

July 18, 2022 No Comments

Nabil Nasr is the associate provost and director of the Golisano Institute for Sustainability at Rochester Institute of Technology. He is also the CEO of the Remade Institute, which was established by the U.S. government to conduct early-stage R&D to accelerate the transition to circular economy, which is a sustainable

 654 Views

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Here’s how to meet Biden’s 2030 climate goals and dramatically cut greenhouse gas emissions – with today’s technology

June 23, 2022 No Comments

Unprecedented forest fires in the drought-stricken western United States. Tropical storms and rising seas threatening the Gulf and Atlantic coasts. Sizzling heat across large swaths of the country. As climate change unfolds before our eyes, what can the U.S. do to sharply and rapidly reduce its share of the greenhouse

 748 Views

Continue Reading Post

Inflation hits fresh 40-year high, pushing Fed to get more aggressive with interest rates – and the ‘Beveridge curve’ should give it courage to do so

June 15, 2022 No Comments

Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment to spike, a little-known economics indicator suggests the Fed can do so without

 649 Views

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How a sustainability index can keep Exxon but drop Tesla – and 3 ways to fix ESG ratings to meet investors’ expectations

May 27, 2022 No Comments

A major stock index that tracks sustainable investments dropped electric vehicle-maker Tesla from its list in May 2022 – but it kept oil giant ExxonMobil. That move by the S&P 500 ESG Index has set off a roiling debate over the value of ESG ratings. ESG stands for environmental, social

 6,999 Views

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Job Postings With COVID-19 Vaccine Requirements Sharply Rose in August: Firm

September 9, 2021 No Comments

Data released by a hiring firm suggests that job postings with COVID-19 vaccine requirements sharply increased in August 2021, although the overall number of job postings requiring the vaccine is relatively low. In the seven days ending on Aug. 30, the number of postings on Indeed—the hiring website—with vaccine requirements

 800 Views

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Biden Administration Warns US May Hit Debt Limit in a Few Weeks

September 8, 2021 No Comments

Treasury Secretary Janet Yellen on Wednesday warned the United States could hit its debt limit by next month, warning Congress that she will run out of maneuvering room. In a letter to leaders of Congress, Yellen said she can’t provide a specific date for when she’ll be not able to

 454 Views

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Unemployment Benefits Expire for Millions of Americans on Labor Day; White House Won’t Extend

September 6, 2021 No Comments

More than 7 million people across the United States lost their pandemic unemployment benefits as of Labor Day, and the White House isn’t planning to extend the program. The emergency federal jobless benefits of $300 per week was a key provision of the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed

 396 Views

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China-US tensions: how global trade began splitting into two blocs

August 12, 2022 No Comments

Speaker Nancy Pelosi’s visit to Taiwan has elicited a strong response from China: three days of simulated attack on Taiwan with further drills announced, plus

 6,657 Views

Read More »

The US is revisiting its trade relations with African countries: key issues on the table

August 9, 2022 No Comments

Last year, the US’s Biden administration announced plans to increase two-way trade and investment between the US and Africa. The starting point was a revamp

 5,883 Views

Read More »

Is the US in a recession? Well, that depends on whom you ask – and what measure they use

August 1, 2022 No Comments

The U.S. economy shrank at an annual rate 0.9% from April through June, the Bureau of Economic Analysis estimated on July 28, 2022. It follows

 767 Views

Read More »

How sustainable manufacturing could help reduce the environmental impact of industry

July 18, 2022 No Comments

Nabil Nasr is the associate provost and director of the Golisano Institute for Sustainability at Rochester Institute of Technology. He is also the CEO of

 654 Views

Read More »

Here’s how to meet Biden’s 2030 climate goals and dramatically cut greenhouse gas emissions – with today’s technology

June 23, 2022 No Comments

Unprecedented forest fires in the drought-stricken western United States. Tropical storms and rising seas threatening the Gulf and Atlantic coasts. Sizzling heat across large swaths

 748 Views

Read More »

Inflation hits fresh 40-year high, pushing Fed to get more aggressive with interest rates – and the ‘Beveridge curve’ should give it courage to do so

June 15, 2022 No Comments

Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate

 649 Views

Read More »

How a sustainability index can keep Exxon but drop Tesla – and 3 ways to fix ESG ratings to meet investors’ expectations

May 27, 2022 No Comments

A major stock index that tracks sustainable investments dropped electric vehicle-maker Tesla from its list in May 2022 – but it kept oil giant ExxonMobil.

 6,999 Views

Read More »

Job Postings With COVID-19 Vaccine Requirements Sharply Rose in August: Firm

September 9, 2021 No Comments

Data released by a hiring firm suggests that job postings with COVID-19 vaccine requirements sharply increased in August 2021, although the overall number of job

 800 Views

Read More »

Biden Administration Warns US May Hit Debt Limit in a Few Weeks

September 8, 2021 No Comments

Treasury Secretary Janet Yellen on Wednesday warned the United States could hit its debt limit by next month, warning Congress that she will run out

 454 Views

Read More »

Unemployment Benefits Expire for Millions of Americans on Labor Day; White House Won’t Extend

September 6, 2021 No Comments

More than 7 million people across the United States lost their pandemic unemployment benefits as of Labor Day, and the White House isn’t planning to extend

 396 Views

Read More »
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