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Source: Bit Coin Magazine
On Thursday afternoon during the Oversight of the Treasury Department's and Federal Reserve's Pandemic Response hearing Federal Reserve Chairman Jerome Powell confirmed that the U.S. has no plans to ban Bitcoin and...
Soaring gas prices, staff shortages, a lack of ships -- price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory.
September 30, 2021 ‘It has to become a way of doing business’ How top executives think about sustainabilitySource: Fortune
For years, the concept was somehow framed as outside the C-suite’s purview. Like Milton Friedman imagined, a company’s sole duty was to its shareholders: Board directors and executives were to act with the intent of maximizing...
September 30, 2021 Powell, Lagarde Renew Assurances on Inflation Surge as TemporarySource: Yah00/Bloomberg
Federal Reserve Chair Jerome Powell and his counterparts at the European Central Bank, Bank of Japan and Bank of England voiced cautious optimism Wednesday that supply-chain disruptions lifting inflation rates around the world...
September 30, 2021 Senate reaches deal to avoid government shutdown, Schumer announcesSource: NBC
"We are ready to move forward," Schumer, D-N.Y., said on the Senate floor. "We have an agreement on ... the continuing resolution to prevent a government shutdown, and we should be voting on that Thursday morning."
September 30, 2021 Chinese switch to flashlights, generators amid power cutsSource: Fox Business
People in northeastern China ate breakfast by the light of smartphones and shopkeepers turned on generators as much of the country enforced power cuts Wednesday to meet official conservation targets and ease shortages in some...
September 29, 2021 Palm oil: why a ‘sustainable global supply’ chain needs to include smallholder farmersSource: The Guardian
To improve traceability and visibility across palm oil supply chains, it’s essential for industry and grassroots organisations to work together to ensure the smallholders producing the crop are not overlooked
September 29, 2021 Janet Yellen Says U.S. Could Run Out Of Cash To Pay Its Bills In Less Than 3 WeeksSource: NPR
Treasury Secretary Janet Yellen warned lawmakers Tuesday that the federal government could run short of cash to pay its bills by Oct. 18 unless Congress acts quickly to increase the government's borrowing authority.
September 29, 2021 US stocks showing significant gains overnight despite high Treasury yieldsSource: Fox News
A rise in yields means Treasurys are paying more in interest, and that gives investors less incentive to pay high prices for stocks and other things that are riskier bets than super-safe U.S. government bonds. The recent upturn...
September 29, 2021 Inflation isn't over yet. Here's when we should finally see lower pricesSource: CNN Business
High costs for everything, from food and gasoline to automobiles and airline tickets, have made the pandemic that much more difficult for US consumers. So of course, many were relieved to see that consumer prices rose by less...
September 29, 2021 5 Lessons Evergrande Taught Us About The Chinese EconomySource: NPR
Last week, global markets shook after a Chinese company named Evergrande fell into what looks like a downward spiral into oblivion. Evergrande is — or was — the second-largest real estate company in China.
September 28, 2021 Sustainability Survey ReportSource: Get Smarter
GetSmarter just released a new survey report, Sustainability: The meaning, changing perceptions, and expanding agendas with interesting findings around how the shift toward sustainability affects individuals and organizations and...
September 28, 2021 Oil prices head above $80 per barrel as fuel crisis beds inSource: Yahoo Finance
Energy markets have stayed in focus as the most volatile factor in markets on Tuesday in London, as the price of oil per barrel headed above $80 for the first time in around three years.
September 28, 2021 What Can the U.S. Learn From China’s Crackdown on Crypto?Source: Inelligencer
On Friday, China’s regulatory agencies cracked down on all cryptocurrency-related activity, including a ban on transactions and overseas crypto exchanges. The agencies announced “new systems” to monitor crypto threats and said...
September 28, 2021 Economic recovery losing momentum: NABE surveySource: Fox Business
A survey released by the National Association for Business Economics shows that its members expect the economy to grow 5.6% this year – down sharply from their previous estimate of 6.5%. The respondents projected the economy will...
September 27, 2021 Sustainable is the new black: top editors launch new-wave fashion titlesSource: The Guardian
Former editors and directors at Britain’s glossiest fashion magazines are carving out a niche for themselves with print titles and websites that focus on sustainable clothing.
September 27, 2021 How can you best protect your investments if inflation continues to rise?Source: Yahoo Finance
The Consumer Price Index or CPI, the government's main inflation gauge, has ran around a 5% annual pace for the past several months, well above last year's 1.4% rate and the 50-year average of about 3.9%.
September 27, 2021 The Harsh Truth Behind Europe’s Energy CrisisSource: Oilprice
Europe’s energy crunch is continuing, as gas storage volumes have shrunk to 10-year lows. A possible harsh winter could lead to severe energy shortages and possible shutdowns of large parts of the economy.
September 27, 2021 USPS is slowing down first-class mail on Oct. 1. What delays and price hikes mean for youSource: CNET
Starting Oct. 1, the USPS will implement new service standards for its first-class mail and packages, lengthening delivery time for about 30% of its volume. That means some letters, parcels and magazine subscriptions traveling...
September 24, 2021 Bank of England downgrades growth projections, warns inflation will climb above 4% by year-endSource: CNBC
The Bank of England on Thursday kept monetary policy unchanged and downgraded economic growth projections for the third quarter of this year.
September 24, 2021 EPA Moves To Sharply Limit Potent Gases Used In Refrigerators And Air ConditionersSource: NPR
In what officials call a key step to combat climate change, the Environmental Protection Agency is sharply limiting domestic production and use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigerators...
September 24, 2021 COVID pandemic will be over within a year - Moderna CEOSource: The Jerusalem Post
Moderna CEO Stéphane Bancel believes the coronavirus pandemic will be over within a year, as more vaccines become available and vaccines are approved for children, he told the Swiss Neue Zürcher Zeitung (NZZ) newspaper.
Source: CNN Business
More than 50 airlines, oil companies and other companies, including Delta (DAL), BP (BP) and Boeing (BA), pledged on Wednesday to replace 10% of global jet fuel supply with sustainable aviation fuel (SAF) by 2030. It is one of...
Six former Treasury secretaries on Wednesday urged Congress to take quick action to raise or suspend the U.S. debt ceiling or else risk “serious economic and national security harm.”
September 23, 2021 The European Energy Crisis Is About To Go GlobalSource: Oil Price.com
The European energy crunch is spilling over into other regions. The blame game has begun with culprits ranging from years of underinvestment in local gas production to a Gazprom scheme to get Nord Stream 2 approved by Germany....
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