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‘Silent crisis’ looms as US to end Covid aid for millions of jobless

Spending less on food. Drawing down on retirement savings. Dropping out of the workforce altogether. Last year, the United States massively expanded unemployment aid as Covid-19 broke out. But in the coming days those benefits will end, forcing millions of jobless Americans — some of whom haven’t worked for the entire pandemic — to make […]

The Raj, revisited | Book Review — Peace, Poverty and Betrayal: A New History of British India by Roderick Matthews

Coins of the East India Company. The British made money in India, but they always made more money elsewhere. The substance of the link, its real value to Britain, was not primarily economic: it was geostrategic History has for long been used and misused by all shades of political opinion and ideology. Why the past […]

As coal fades, Northwest Colorado’s economy looks to tourism – The Journal

It’s been a year since Tri-State Generation and Transmission and Xcel Energy announced they would be closing their coal-fired electrical plants and nearby coal mines in northwest Colorado starting in 2028 DINOSAUR NATIONAL MONUMENT, Colo. (AP) – The 10 rafts are secured to the banks of the Green River. The tents are up. The sun […]

Are we devaluing labor? Freebies to save economy weakened need of many to work

Mary had just driven her brand new 1984 VW Rabbit Cabriolet convertible across the Southern Pacific Railroad crossing on Sixth Street in Lincoln. It is one if those “hump” style rail crossings. You need to slow down as you cross or else you will get a severe jar and the entire car will rattle. If […]

USD/CAD Exchange Rate Prediction – The Dollar Drops on Soft Payroll Report

USD/CAD continued to trend lower on broad dollar weakness. The dollar lost ground against most major currencies. The exchange rate broke through key support levels, on Thursday and did not retest those levels. The softer than expected U.S. NFP report weighed on the greenback helping the loonie gain more traction. Technical Analysis The USD/CAD dropped […]

August jobs report: the U.S. added just 235,000 jobs in August amid Delta variant surge

The coronavirus appears to be dragging on these parts of the economy again: employment in the leisure and hospitality sector, which added an average of 350,000 jobs a month for the last six months, was level, as restaurants and bars and other food service establishments shed 42,000 jobs, offsetting some gains made by arts, entertainment […]

Britain’s trucker shortage jams post-pandemic recovery

UK faces shortage of 100,000 truck drivers – industry group Disruption hits supplies to supermarkets and restaurants Brexit and COVID-19 compound recruitment challenge Employers offer hiring bonuses of up to 5,000 pounds LONDON, Sept 3 (Reuters) – Two furloughed jumbo jet pilots and a burnt-out finance worker have been among the more unusual candidates to […]

Britain’s economic recovery from the pandemic is far from smooth

Sep 4th 2021 THE END of the summer feels too early to be thinking about Christmas, but retailers have little choice. The typical British household spends around a third more than usual in December, and stocking up for the most important trading weeks of the year usually begins around now. This year, however, rather than […]

U.S. Stocks Rise After Economic Data

U.S. stocks rose Thursday after fresh data on the labor market and the trade balance showed that the economic recovery remains on track. The Dow Jones Industrial Average rose 0.4% as of the 4 p.m. close of trading in New York. The S&P 500 added 0.3%, setting a record high. The Nasdaq Composite, which set […]

Opening Bell: U.S. Futures, EU Stocks Edge Up; Dollar Slips, Gold, Oil Gain

The Reflation Trade endures Asian markets suffer foreign investor exodus Bitcoin hovering at the $50,000 level Key Events , , and futures traded slightly higher on Thursday morning ahead of key US employment data due to be released on Friday which will give insight into the state of the country’s economic recovery. Yields and the […]