This column is sponsored by BizLaunch, a division of Arlington Economic Development. CAKE Society Co., founded by Executive Director Colton Gibbons, provides access to health, dance, fitness and community in a group fitness setting. Opened in March of this year, CAKE Society Co. is different from other fitness organizations. It is one of the only BIPOC […]
Many business owners and executives seem to share the belief that everyone is paid the true value of their work, whether that is $30 million a year or $7.25 an hour. In that vein, they often argue that minimum wage laws set an unnatural price floor that prevents people who would be willing to work […]
German Chancellor Angela Merkel accomplished much but leaves Germany’s toughest challenges for her likely successor, Socialist Democrat Olaf Scholz. But on big structural issues, she was an incrementalist—shunning big reforms and hewing to fiscal conservatism as much as circumstances permitted. Though a champion of the Paris Climate Agreement, she leaves Germany poorly situated to eliminate CO2 emissions. After the 2011 Fukushima […]
Vietnam’s Prime Minister Nguyen Xuan Phuc is pictured on the screen (R) as he addresses his counterparts during the 4th Regional Comprehensive Economic Partnership (RCEP) Summit held online on Nov. 15, 2020. Nhac Nguyen | AFP | Getty Images The world’s largest trade deal — which includes China and excludes the U.S. — will come […]
The covid-19 pandemic has been characterized by extreme suffering and illness, but will also be remembered for a social welfare system never before seen in the US. Residents were bombarded with checks from the government to keep them afloat as the economy entered free-fall, receiving thousands of dollars in support. Inevitably, this has led to […]
One day later, it all fell apart. In the year that followed, the Chinese government’s regulatory might has changed industries ranging from tech and finance to gaming, entertainment and private education. But the speed and ferocity with which Chinese authorities have acted against the country’s corporate titans have startled even the closest China watchers. “The […]
What’s worth your dollar One solution to rising prices and supply shortages could be a dollar store, but before you buy… Help Me Hank shows you what’s worth your dollar and what’s not. From food to supplies, toys to electronics, you’ll want to see what’s on Hank’s shopping list and what he’s leaving on the […]
Governor Dan McKee and the Rhode Island Department of Labor and Training (DLT) today announced the “Back to Business” initiative, an incentive program designed to connect businesses with job seekers. Using up to $4.5 million in CARES Act funds, the Back to Business initiative will address the ongoing workforce challenges brought on by the COVID-19 […]
The company reported adjusted earnings of $7.7 billion, up 133% from a year earlier. Revenue soared to $24.1 billion, up 134%. Both easily cleared results forecast by analysts. The vaccine business alone was responsible for more than 60% of the company’s sales, as vaccine revenue rose to $14.6 billion from only $1.7 billion a year […]
Most blockbusters have sequels. Apparently, that’s also true in economics. A new study by David Autor, David Dorn and Gordon Hanson offers another installment in their epic China Shock saga. You might call it China Shock: The Final Chapter. It may be the best one yet, with solid exposition and cutting-edge statistical effects. It kind […]
