Supply

Biden’s energy-climate agenda facing 5 big problems

'Oil obviously has no alternative'

Weak Jobs Report Could Cool Fed’s Tapering Plans

Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.

Chip shortage forces General Motors to idle North American plants

General Motors will temporarily shut down eight of its 15 North American assembly plants for a week starting Monday because of a worsening global microchip shortage, according to ABC News.

Where the World’s Most Powerful Meet the World’s Money: World Economic Forum & BlackRock

Covid-19, climate change, and China—the shared focus of the World Economic Forum's "Great Reset" and BlackRock's "economic restart."

China Admits Taliban Ties Aimed at Getting Afghanistan’s $3 Trillion in Rare Earths

In the course of hectoring the United States for its “bungled and embarrassing withdraw from Afghanistan” on Thursday, China’s state-run Global Times admitted Beijing has a rapacious interest in Afghanistan’s vast rare-earths mineral resources and snarled it was none of America’s business if China makes deals with the Taliban to get what it wants.

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

An early warning from New York

Manufacturing activity growth decelerated sharply in New York.

Texas set to become first state to make buying sex a felony

On September 1, Texas will become the first state to make buying sex from prostitutes a felony. This is a shift away from blaming the prostitutes and putting the focus on “johns” in an attempt to mitigate human trafficking. The law makes the crime a state jail felony.

Companies’ mixed messages about Delta variant’s impact

Companies are experiencing different degrees of impact from the recent COVID spike.

Biden Administration Now Offering Cash To Florida School Districts Who Defy Gov. DeSantis’ Ban On Mask Mandates

The Biden administration is escalating its feud with Florida Gov. Ron DeSantis, a Republican, by offering federal financial support to school districts in the Sunshine State that openly defy the governor’s ban on mask mandates.

Latest news

- Advertisement -spot_img