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October 13, 2021 US inflation expectations surge to highest level since 2013Source: Fox Business
Americans' inflation fears skyrocketed to another record high in September, driven by the rising price for an array of consumer goods, according to a Federal Reserve Bank of New York survey published Tuesday.
October 13, 2021 A record number of Americans are quitting their jobsSource: CNN
A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today's economy. About 2.9% of the workforce quit in August, up from 2.7% in July, according to the Job Openings and...
October 13, 2021 'Choices that need to be made': White House says 'fundamental change in our economy' attainable with smaller billSource: Yahoo News
The White House is preparing to make "choices" as congressional Democrats start chipping away at President Joe Biden's $3.5 trillion social welfare and climate pitch to make it cheaper for centrist members of their party.
October 12, 2021 The thorny truth about socially responsible investingSource: Vox
It’s easier than ever to invest ethically — or, at least, to be told by marketers you are. Whether you’re actually doing it is harder to figure out.
October 12, 2021 A global energy crisis is coming. There's no quick fixSource: CNN
Astronomical increases in natural gas prices. Skyrocketing coal costs. Predictions of $100 oil. A global energy crunch caused by weather and a resurgence in demand is getting worse, stirring alarm ahead of the winter, when more...
October 12, 2021 Inflation is here. It's ugly. It stings. But it could make you moneySource: Tahoo Finance
Funny (or sad, depending on how you look at it) short story from this past week that will inspire you to (hopefully) scrutinize your portfolio as we head into 2022.
October 12, 2021 Goldman cuts forecast for U.S. economic growth in 2021 and 2022Source: Yahoo/Reuters
Goldman Sachs cut its U.S. economic growth target to 5.6% for 2021 and to 4% for 2022 citing an expected decline in fiscal support through the end of next year and a more delayed recovery in consumer spending than previously...
October 7, 2021 Space Sustainability: Preserving the Usability of Outer SpaceSource: Visual Capitalist
The Earth’s orbits support various satellite applications that enable the technologies we use on a daily basis. While space might seem infinite, the orbits in which satellites travel constitute a limited natural resource with a...
Source: The Guardian
Coronavirus is “still running rampant” worldwide and the failure to ensure poorer countries can access vaccines risks more deaths and the emergence of potentially dangerous new variants, the creator of the Oxford jab has warned.
October 7, 2021 Oil prices could hit an ‘off the charts spike,’ says strategistSource: CNBC
OPEC, with their allies including Russia, have been under pressure from top consumers, such as the United States and India, to add extra supplies after oil prices surged 50% this year. However, the oil cartel agreed on Monday to...
October 7, 2021 Climate-Friendly Investment Funds Are a ScamSource: New Republic
At the most basic level, ratings firms grade companies on their impact on the environment, the quality or equity of their internal governance, and, uh, their impact on “society.” Then a bunch of those companies might get bundled...
October 6, 2021 Pathway to a sustainable economySource: The Guardian
True, uninhibited economic growth on a finite planet cannot continue, and politicians who offer us continued growth but along a “green pathway” are either being disingenuous – dangerously misleading – or simply lying. But “doing...
October 6, 2021 Yellen sees inflation staying higher for the next several monthsSource: CNBC
Coming less than a week after Federal Reserve Chairman Jerome Powell called inflation “frustrating,” Yellen told CNBC that the various issues that have colluded to push up prices likely will pass though she’s not sure how long...
Source: NBC News
Speaking on the Senate floor, the New York Democrat said that lawmakers would hold a procedural vote Wednesday that would allow Democrats to raise the debt ceiling on their own — as Republicans have demanded.
October 6, 2021 Antarctica Just Had Its Coldest Season Ever. Here’s WhySource: Daily Caller
Antarctica’s average temperature over the last six months was minus 78 degrees, or 4.5 degrees below the average recorded over the previous 30 years, The Washington Post reported.
October 5, 2021 Blue Jeans Go Green: How an Italian Denim Manufacturer Has Created the World's Most Sustainable JeansSource: goodgoodgood.co
Alberto Candiani, the fourth-generation owner of the family business, had developed the first fully biodegradable denim, called Coreva. “They are extremely durable, but at the end of their life, yes, you could send them back to...
October 5, 2021 Dow Jones Futures Rally As Stock Market Sell-Off Worsens; These 5 Tech Giants TumbledSource: Investor's Business Daily
Dow Jones futures rallied 120 points early Tuesday following Monday's stock market sell-off. Tech giants Apple, Microsoft, Nvidia, PayPal and Square tumbled, while Tesla stock rallied on strong deliveries Monday.
"We must defend - to the hilt - our economic interests... That means taking all steps necessary to protect ourselves against the waves of damage inflicted over the years through unfair competition."
Source: The Guardian
An estimated 126,000 gallons leaked from an underwater pipeline in one of the largest spills in recent state history
October 4, 2021 'Pandora Papers': Leaked records reveal financial secrets of world leaders, politiciansSource: USA Today
Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past...
Source: The Guardian
But a supply crunch that initially put a question mark over the availability of luxury cars or whether there would be enough PlayStations under our Christmas trees is instead morphing into a full-blown crisis featuring a shortage...
October 4, 2021 Will Women Return To The Workforce?Source: YouTube/MSNBC
As offices begin to open back up, economists worry the pandemic reversed years of progress made in women's labor force participation. They warn that trend will continue downwards if changes are not made soon. Top economists like...
CEOs are at their wits’ end to figure out how to get their employees back into the office as high levels of Covid infections persist 18 months into the pandemic. That’s the sentiment shared by CNBC’s David Faber and Jim Cramer,...
Source: Sustainable Brands
Brand Transformation Roadmap — which gives companies a guide for the journey from conventional business to sustainable brand, complete with a self-assessment tool that enables any company to see where they stand today and then...
Source: CNN Business
The economic report card on President Joe Biden's first full quarter as president: Good, but not great
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