Commentary The working paradigm in America seems to be shifting as unemployment and staff shortages exist alongside workers refusing to work and others obtaining their dream job through the gig economy. Some media have claimed that the reasons behind the shortage of workers are systemic racism, lack of childcare, and a mismatch between workers’ skills…
Paradigm Shift in the US Labor Market
August 30, 2022
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Business & MarketsBusiness Columnistseconomygig workersinflationlabor marketOpinionThinking About ChinaViewpoints
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Senators Make Demands After Mark Zuckerberg’s FBI-Hunter Biden Admission
Two senators on Monday demanded all communications about Hunter Biden’s laptop between the FBI and Facebook following a bombshell admission from Facebook and Meta CEO Mark Zuckerberg that FBI officials told him in late 2020 that there would be reports that were actually Russian disinformation. Sens. Chuck Grassley (R-Iowa) and Ron Johnson (R-Wis.) on Monday…
Senators Make Demand After Mark Zuckerberg’s FBI-Hunter Biden Admission
Two senators on Monday demanded all communications about Hunter Biden’s laptop between the FBI and Facebook following a bombshell admission from Facebook and Meta CEO Mark Zuckerberg that FBI officials told him in late 2020 that there would be reports that were actually Russian disinformation. Sens. Chuck Grassley (R-Iowa) and Ron Johnson (R-Wis.) on Monday…
Rep. Jordan Demands DOJ Inspector General Provide Info Over Alleged Involvement in FBI Seizure of Congressman’s Phone
Rep. Jim Jordan (R-Ohio) is leading a Republican House Judiciary Committee probe into Justice Department (DOJ) Inspector General Michael Horowitz’s alleged involvement in the FBI seizure of the cell phone of Congressman Scott Perry (R-Pa.). In a letter dated Aug. 29, Jordan, who serves as the Ranking Member of the House Judiciary Committee, said the move “creates a serious conflict of…
Unions Reject Pay Offers, Warn of ‘Winter of Discontent’ in Scotland
Trade unions have rejected the Scottish government’s pay offers and threatened to escalate strike actions in an upcoming “winter of discontent.” Authorities in the Scottish capital Edinburgh started a major clean-up operation on Tuesday, after nearly two weeks of industrial action by the city’s waste workers left huge piles of rubbish in many streets in…
Energy Crisis Will Hit Pubs Harder Than Lockdowns, Say Industry Bosses
Pubs will have no other option but to close owing to “out of control” energy bills, with upwards of 300 percent price hikes possible, UK brewery and pub bosses have warned. Leaders of six of the country’s largest breweries and pub businesses involved in the British Beer and Pub Association (BBPA) are pressuring the government…
Inflation Can ‘Take Years, Not Months,’ to Cool Off: Former CBO Director
August 30, 2022
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Business & MarketsCBOeconomyhigh inflationinflationInflation Reduction ActstagflationU.S. interest rate hikesUSUS News
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Former Congressional Budget Office Director Douglas Holtz-Eakin has warned that the high inflation rate troubling American citizens isn’t going away anytime soon and is here to stay for several years. In an interview with Fox, Holtz-Eakin cited Federal Reserve Chairman Jerome Powell’s statement on Aug. 26 about inflation. “One of the things that Powell emphasized…
Coating Keeps Killing Viruses and Bacteria for Months
There may soon be a new weapon in our centuries-old battle against germs: the first durable coating that can quickly kill bacteria and viruses and keep on killing them for months at a time. As reported in the journal Matter, the coating proved deadly to SARS-CoV-2 (the virus that causes COVID-19), E. coli, MRSA, and a variety of other…
Republicans Respond After Top FBI Agent Reportedly Resigns
Republicans on Tuesday responded to reports that a top-level FBI agent, Timothy Thibault, had resigned from the bureau last week. Anonymous sources within the FBI told corporate news outlets that Thibault, the FBI Assistant special agent in charge, no longer works for the law enforcement agency. He was walked out of the building on Friday, which is the standard…
Storms Blamed in Deaths of 3 in Michigan, Ohio, Arkansas
MONROE, Mich.—Severe storms that brought damaging winds, heavy rains, and flash flooding to parts of the Midwest and the South were blamed for the deaths of three people, including two children in Michigan and Arkansas as well as a woman in Ohio. Monday’s storms also knocked out electrical service to hundreds of thousands of homes and businesses…
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