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Biden Pushes Vaccine Mandates To Boost US Economy

US president Joe Biden on Thursday championed Covid-19 vaccination requirements, determined that the roughly 67 million unvaccinated American adults must receive the shot even as he acknowledged that mandates were not his “first instinct”. r Biden had ruled out such requirements before taking office in January, but they now are a tactic he feels forced […]

A different approach to investing in developing countries

Oct 9th 2021 FORTY YEARS ago Antoine van Agtmael of the International Finance Corporation pitched the idea of a “Third World Equity Fund” to sceptical fund managers, and the concept of emerging markets entered global investing. The aim had been to offer diversified exposure to fast-growing countries outside the rich world. Since then emerging and […]

The world economy’s shortage problem

Oct 9th 2021 FOR A DECADE after the financial crisis the world economy’s problem was a lack of spending. Worried households paid down their debts, governments imposed austerity and wary firms held back investment, especially in physical capacity, while hiring from a seemingly infinite pool of workers. Now spending has come roaring back, as governments […]

Biden, a convert to mandates, making economic case for shots

WASHINGTON (AP) — President Joe Biden is wielding his weapon of last resort in the nation’s fight against COVID-19, as he champions vaccination requirements across the country in an effort to force the roughly 67 million unvaccinated American adults to roll up their sleeves. It’s a tactic he never wanted to employ — and had […]

US dollar likely to face downward pressure in the near-term – JP Morgan

Tai Hui, Chief Asia market strategist at JP Morgan Asset Management offers his view on the US dollar for the near term, as the Fed is likely to announce tapering sooner than expected. Key quotes “The market in the near term is going to focus on the fact that we expect US Treasury yields to keep […]

What the Debt Ceiling Means for Social Security and More

The federal government is about two weeks away from being unable to pay its bills — and that could delay benefit payments to tens of millions of retirees, Medicare and Medicaid providers, and numerous others receiving checks from the U.S. Treasury. Republicans in Congress are preventing Democrats from raising the federal borrowing limit, which could […]

Latest news updates: EU commissioner urges bloc to 'protect vulnerable households' as energy prices soar – Financial Times

Latest news updates: EU commissioner urges bloc to ‘protect vulnerable households’ as energy prices soar Financial Times Read more…

Mayor’s Office of Cultural Economy to Host ‘Carousel of Culture’

Getty Images NEW ORLEANS — The Mayor’s Office of Cultural Economy announced it will host a Carousel of Culture event on Oct. 16 – 17 in City Park at the Goldring/Woldenberg Great Lawn and Tricentennial Area. The cultural event will feature approximately 50 plus artists, musicians, food truck vendors, artisans, and more. Hours: 10 a.m. to […]

The Economic Espionage Act: Key Provisions | Freeman Law

The Economic Espionage Act (EEA), codified in 18 U.S.C. § 1831-1839, makes the theft of or trafficking in trade secrets for foreign governments, instrumentalities, or agents a criminal act. Prior to passing the EEA, the Trade Secrets Act was the only federal statute that directly prohibited economic espionage.[1] The Trade Secrets Act forbids the unauthorized […]

Turnaround Tuesday, Pepsi’s inflation warning, dollar rebounds, nothing stopping oil, gold lower

US stocks are rebounding as investors find value in beaten up tech stocks and are coming to the realization that the global natural gas crisis is good news for energy stocks. Yesterday, the Nasdaq selloff brought the recent slide to 8.5% from recent record highs. US growth exceptionalism will be the theme for the next […]