Breadcrumb Trail Links PMN Business The risk to South Korea’s economy and global supply chains is growing as a nationwide trucker strike widens, curbing output at top steelmaker Posco and causing increasing damage to the petrochemicals sector. Author of the article: Publishing date: Jun 13, 2022 • 15 minutes ago • 3 minute read • Join...Read More
Over the past five years, many municipalities have witnessed what analysts dramatically call the “retail apocalypse:” the accelerating closure of brick-and-mortar stores as the U.S. economy shifts more and more toward e-commerce. Big-box retailers — chain stores with a large physical footprint — have been hit hard. According to an April report by the international...Read More
Will the Fed shed light on its plans for later this year? The Federal Reserve on Wednesday will conclude its two-day June policy meeting, at which it is widely expected to raise interest rates by half a percentage point. It will also release its summary of economic projections, which includes a so-called dot plot, showing...Read More
Issued on: 12/06/2022 – 03:16Modified: 12/06/2022 – 03:14 New York (AFP) – Surging energy costs are being felt across the US economy with varying effects. Some consumers are absorbing higher costs, while others are shifting behavior or cutting back. Here’s a sampling of how the story is playing out in different sectors. Trucker sees austerity...Read More
WASHINGTON – As the 6th item on the 2022 “Dirty Dozen” scams warning list, the Internal Revenue Service today cautioned taxpayers with pending tax bills to contact the IRS directly and not go to unscrupulous tax companies that use local advertising and falsely claim they can resolve unpaid taxes for pennies on the dollar. “No...Read More
Placeholder while article actions load As the average price of gas nationwide topped $5/gallon early Saturday, surging fuel prices across the United States are creating new strains for millions of consumers and businesses, while compounding intractable political challenges for the Biden administration. The spike in gas, oil and diesel prices has saddled all kinds of...Read More
“Look, here’s where we are. We have the fastest-growing economy in the world. The world. The world,” Biden said. Asked for comment on Friday, a White House official did not attempt to specifically defend Biden’s claim that the US has the fastest-growing economy in the world. Instead, the official pointed out that the 5.7% growth...Read More
Carla: Our take-make-waste economy is unsustainable. According to the World Bank, we generate over 2 billion tons of solid waste a year, and that number is projected to grow to 3.4 billion by 2050.
With a finite number of resources available here on Earth, not only is our current way of doing things untenable: the...Read More
A shop cash register is seen with both Sterling and Euro currency in the till at the border town of Pettigo, Ireland October 14, 2016. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register LONDON, June 10 (Reuters) – Sterling fell by more than 1% on Friday and was set for a second...Read More
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