MILAN, Italy (Project Syndicate) entCentral banks’ efforts to contain high and rising inflation are fueling headwinds to growth and are threatening to tip the global economy into recession. But the proximate cause of today’s inflationary pressures is a large, broad-based, and persistent imbalance between supply and demand. Higher interest rates will dampen demand, but supply-side…
If you want to know why Americans are so grumpy about the economy, let’s start with the fact that despite strong job growth and sizable increases in wages, their incomes are simply not keeping up with inflation. Americans just don’t feel poorer — they are poorer. In fact, they have never lost so much purchasing…
As the nation faces a post-Roe v. Wade reality, some Democratic governors are playing up abortion protections in their states to try to entice companies to move there. Touting their abortion laws as a selling point, the governors of California, New York, New Jersey, Illinois and Connecticut are pitching their states to potential defectors from…
Read More “Governors are trying to lure companies to their abortion-friendly blue states” »
Activision Blizzard Inc. shed light on its response to allegations of sexual harassment and discrimination in a regulatory filing Thursday, which slammed sections of the media and California’s Department of Fair Employment and Housing, or DFEH. “Over the years the company has appropriately disciplined and exited employees to ensure that our practices match our policies,”…
At least 25 major US companies, including Amazon.com Inc., AT&T, Walmart, General Motors, Verizon and Charter Communications, have come out in vocal support for the LGBTQ community for Pride Month – while also donating more than $ 13 million since the start. of 2021 to politicians who support anti-LGBTQ legislation. That’s according to the Popular…
Read More “AT&T, GM gave to politicians backing anti-LGBTQ laws – and now mark Pride Month” »
The economy is failing American women. That’s the message multiple speakers conveyed – sometimes through tears – to the House Ways and Means Committee during a hearing Wednesday, decrying what they described as the country’s lack of paid leave, its broken care economy, and rising costs. In his opening statement, Democratic Chairman Rep. Richard Neal…
