President Joe Biden campaigned on a promise to restore U.S. leadership in the global fight against climate change and followed up with a dizzying number of executive orders and lofty targets to slash emissions. But nine months into his presidency, political, legal, and economic obstacles have forced his administration to make several moves in support…
Analysis: Biden’s Lofty Climate Goals Collide With Political, Economic Reality
September 16, 2021
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Hospitality Reopening Boosts UK Economic Rebound
The UK economy rebounded by 4.8 percent in the last quarter, according to official statistics, boosted by people returning to pubs and to medical appointments, as lockdown measures eased. In June, gross domestic product rose by 1 percent, higher than expected, but remains 2.2 percent lower than before the CCP (Chinese Communist Party) virus pandemic….
Voters Set to Pick Who Will Lead New York City’s Economic Recovery, Fight Against Rising Crime and More
June 22, 2021
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Voters in New York City head to the polls Tuesday to decide who will become Democratic nominee to be the city’s next mayor, and who will therefore likely lead its economic comeback, fight against rising violent crime and more. Eight Democrats are vying for the nomination, but polls have shown the top four pulling away…
China Holds Economic Talks With Second Top US Official in a Week
June 2, 2021
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BEIJING—Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration. Liu, who has led China’s negotiations in Sino-U.S. trade talks since former U.S. President Donald Trump went on…
US Jobless Claims Fall to 684,000, Fewest Since Pandemic
WASHINGTON—The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday’s report from the Labor Department showed that jobless claims fell from 781,000 the week before. It is the first time that weekly applications for…
US Jobless Claims Fall to 684,000, Fewest Since Pandemic Began
WASHINGTON—The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. The March 25 report from the Labor Department showed that jobless claims fell from 781,000 the week before. It’s the first time that weekly applications…
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