Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! Free college means no skin in the game Terrence Ching’s advocacy of free college in the U.S. is another display of misguided but immature good intentions typical of big-government advocates, from President Joe Biden to too many naive parents who feel a college degree is the […]
Out of the U.S Early in the week, industrial production disappointed, with production falling by 1.3% in September. Production had fallen by 0.1% in August. On Thursday, the focus shifted to Philly FED Manufacturing PMI and jobless claims figures. While the Philly FED Manufacturing PMI fell from 30.7 to 23.8, the employment sub-index rose from […]
The causes of this maelstrom are deeper-seated than any 90-day cure can address. During the pandemic, locked-down consumers, unable to go to stores, switched to e-commerce. Four to six years of anticipated e-commerce growth has been compressed into one year. All those personal computers, toys, power tools and Pelotons are typically shipped via container, mainly […]
The Hottest of Hot Stocks? Try Coal. The New York Times Read more…
NASHVILLE, Tenn. (WTVF) — If you’ve recently been out to eat, spent time shopping at stores or stayed at a hotel, you might’ve noticed several industries are seeking help, and struggling to find workers. It’s one of the ripple effects of the global pandemic many economists are concerned about. The entertainment and hospitality industries have […]
Oct 23rd 2021 DOES ANYONE really understand what is going on in the world economy? The pandemic has made plenty of observers look clueless. Few predicted $80 oil, let alone fleets of container ships waiting outside Californian and Chinese ports. As covid-19 let rip in 2020, forecasters overestimated how high unemployment would be by the […]
Federal Reserve Governor Chris Waller, a professed skeptic when it comes to the Fed launching a central bank digital currency, thinks the public is confused about the issue. During a moderated discussion hosted by OMFIF, a forum for central bank policy, Waller said on Thursday that, at its core, a decision to by the Fed […]
Proposed legislation in the US to rein in large online platforms and marketplaces could cost the economy USD 300 billion, according to a study commissioned by the Computer & Communications Industry Association (CCIA). Conducted by Nera Consulting, the study looked at the potential effects of three bills pending in Congress, covering common carrier, structural […]
— China is showing its determination to help bring the global economy back on track and make continuous contributions to global economic security and sustainable development. — The Global Economic Development and Security Forum of the Boao Forum for Asia is a forum on both economic and security issues around the world. — The three-day […]
FREDERICK, Md. (WDVM) — After receiving numerous complaints regarding nighttime establishments in Frederick Maryland, The Frederick police department has created a Nighttime Economy Taskforce. According to Frederick police, over the past few months, residents have voiced their concerns regarding increased noise, liquor and code violations, along with criminal acts involving bars, stores and restaurants. West […]
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