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Natural Gas Is Better Than Many Environmentalists Admit

Comment on this story Comment While most of progressive Washington has celebrated the announcement of the Inflation Reduction Act, at least one left-wing gadfly isn’t having it. “A pipeline?” asked Nina Turner on Twitter last week. “In a climate bill? It’s not a climate bill.” Turner, a former state senator from Ohio and co-chair of […]

The Global Economic Outlook Is as Clear as Mud

The debate about whether the world’s largest economy is in a recession, or headed for a recession, or sufficiently robust to avoid a recession, just got even more complicated. Friday’s US employment report showed total payrolls at a record high, with companies adding twice as many workers as economists forecast. “Job gains in July were […]

Indiana adopts restrictive abortion law, prompting economic fallout

Comment on this story Comment Indiana’s new sweeping ban on abortion produced immediate political and economic fallout Saturday, as some of the state’s biggest employers objected to the restrictions, Democratic leaders strategized ways to amend or repeal the law, and abortion rights activists made plans to arrange alternative locations for women seeking procedures. The Indiana […]

Greenback’s Strength Could Begin to Wane

The dollar’s summer strength could be threatened if the Fed undoes tightening later this year. A note from Evercore ISI says the greenback’s strength has been “explosive.” Analysts still see upside for the dollar for the remainder of the year. Loading Something is loading. … Read more…

Why the US economy’s jitters should worry India, Auto News, ET Auto

Before Liberalisation in the 1990s, many sectors of the Indian economy were not integrated with the rest of the world. Until 1990, India’s trade – sum of exports and imports of goods and services – amounted to 15% or less of its GDP. It weathered the 1997 Asian ﬁnancial crisis well because trade made up […]

The underlying economy has remained strong, says former U.S. Treasury Secretary Lew

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jack Lew, former U.S. Treasury, joins ‘Closing Bell’ to discuss what Friday’s jobs report does to the recession debate, if the markets are currently too forward looking and more. Read more…

Trends and Pattern Heralding the Great Global Stagflation

Since the Covid19 pandemic outbreak, the global economy has been agitated and shaped by an array of social, socioeconomic and political forces which require an ability to quickly adapt to the new normal. Following the global supply chain disruption which brought about operational frictions and monetary loss of most businesses that had yet to fully […]

Post Politics Now: Senate poised to work through weekend to advance economic package – The Washington Post

Post Politics Now: Senate poised to work through weekend to advance economic package The Washington Post Read more…

US blunders threaten to end dollar pricing of oil

NEW YORK – Oil-importing countries suffered an unprecedented double blow this year, as oil prices rose while other currencies depreciated against the US dollar. Not only do Asian and other emerging market currencies buy less in terms of US dollars, but oil costs more in terms of nominal dollars – nearly triple its local currency […]

Stock futures are flat with all eyes on July jobs report

Stock futures were flat in overnight trading Thursday as investors awaited for Friday’s jobs report for further clues about the Federal Reserve’s path of rate hikes and the state of the economy. Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures were also flat. Economists expect 258,000 […]