People frequently write to me with an idea to change Social Security law in some way that they think is clever and unique. But I usually must tell them that their proposal has been considered in the past. After all, Social Security has been around for 80 years now, and for all of those eight…
Fed, Nearing Bond-Buying ‘Taper,’ Remains Divided on Inflation
Despite a broadly shared view that the U.S. labor market has healed enough to allow the Federal Reserve to start reducing its monthly bond purchases as soon as next month, policymakers remain divided over inflation and what they should do about it. The U.S. government reported on Thursday that producer prices rose 8.6 percent in…
IKEA Warns Supply Chain Disruptions Likely to Last Into 2022
STOCKHOLM—IKEA, the world’s biggest furniture brand, is leasing more ships, buying containers, and re-routing goods between warehouses as it works hard to mitigate a “perfect storm” of global supply chain disruptions which could last into next year, executives said. The company, which earlier on Thursday reported record annual sales as locked-down consumers spent more than…
China Real Estate Shares, Bonds Hit by Evergrande Concerns
October 14, 2021
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bondsBusiness & EconomyBusiness ColumnistsChinaChina Business & EconomyCompaniesevergrandereal estate
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SHANGHAI—Shares and bonds of Chinese real estate companies slid on Thursday, reflecting uncertainty about how a debt crisis will play out at China Evergrande Group and the wider property sector as another developer was hit by a rating downgrade. Evergrande, which has more than $300 billion in liabilities and 1,300 real estate projects in over…
Are You Addicted to Productivity?
Matt Cutts wrote that back in 2013—“Today, search for ‘productivity’ and Google will come back with about 663,000,000 results. If you decide to go down this rabbit hole, you’ll be bombarded by a seemingly endless amount of content. I’m talking about books, blogs, videos, apps, podcasts, scientific studies, and subreddits all dedicated to productivity.” Like…
Volkswagen to Decide on Eastern European Battery Plant by June 2022
PRAGUE—Europe’s largest carmaker Volkswagen plans to decide in the first half of 2022 on the location for a planned battery cell plant in eastern Europe, it said on Monday. Volkswagen earlier this year outlined plans to build six large battery cell factories across Europe by the end of the decade, with Hungary, Poland, Slovakia and…
If You Cringe at the Thought of Talking to Your Co-Workers, Follow These 5 Steps for Better Conversations
By Arjun Buxi Conversations at work are a tricky prospect: On the one hand, they involve regular interactions with people we (mostly) know, talking about subjects we ought to be familiar with. Then why do we cringe at the thought of them? If you reflect, there have probably been at least a few conversations where…
Personal Finance Dilemma: Should I Save My Money or Pay Off My Debt First?
You’ve made a little extra money with your last paycheck and have some leftover after paying for your mortgage or rent, plus any other necessary bills. Rather than spending the money frivolously, you want to stash it in a savings account or use it to knock out some of the debt that’s been weighing heavily…
Is Intrapreneurship the Solution for Unhappy Employees and Behind-the-Times Businesses?
By Theodore Koe As you read this, many of the people on your team may be plotting their escape. A recent Gallup poll found that 54 percent of workers are “psychologically unattached to their work and company”—and that makes them very hard to rally to your cause. Across the American economy, those disengaged employees translate into…
The Ramifications of China’s Updated ‘Negative List’
October 10, 2021
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Business & EconomyBusiness ColumnistsChinaChina Business & Economycryptocurrencynews mediaOpinionThinking About China
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Commentary Beijing is tightening the screws over more industries, including news media and cryptocurrency mining, in a bid for further control of China’s economy. The Chinese Communist Party (CCP) updated its “Negative List,” outlining Chinese industries and activities in which investment is barred, which could have broader ramifications for global investors. The announcement was released…
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