All Economy
‘Stop fighting Mother Nature.’ How farmers adapt to extreme weather.With scientists forecasting extreme weather as a new normal, farmers are looking to regenerative practices that can build resilience into their soil.
Behind bitcoin plunge: Question of trust lingers for cryptocurrencyAt root, money or currency is built around trust. Will it be worth its promised value? Cryptocurrency faces that test but doesn’t show signs of withering.
Why Fed says fighting inflation is Job 1, despite recession riskIndicators point toward the economy cooling, but 40-year-high inflation remains untamed. This creates a delicate balancing act for policymakers.
Work from home? Alabama towns say ‘Come on down.’The work-from-anywhere boom may be a boon to small towns struggling with population decline, with a surge in programs to pay for new residents.
FocusAmazon, Starbucks, and beyond? Young workers fuel union drives.Coming of age during a pandemic that put a priority on collective well-being, a young generation of workers is rekindling labor movement passions.
First LookBig play: US Soccer to pay its women's and men's teams the sameThe U.S. Soccer Federation has become the first American national governing body to agree to pay its men’s and women’s teams equally, including World Cup prize money. The move ends years of often acrimonious negotiations after the women’s team sued.
First LookHow US interest rate hike will affect developing economiesThe Federal Reserve is hoping to raise interest rates just enough to slow the economy and bring inflation under control but not enough to tip the U.S. economy into another recession. But emerging and developing economies remain vulnerable to rate-hiking central banks.
Task for Fed officials: Thread a needle on inflation, recessionGiven current economic uncertainty, the Federal Reserve’s decisive response to inflation today may need to be balanced by caution.
First LookWhere is my order? How start ups are coming to the rescue.Future supply chain interruptions are inevitable, say industry analysts. In response, a growing group of startups and logistics firms is using artificial intelligence to make sure no shampoo bottle or bicycle gets left behind.
First LookAmazon union loses Staten Island vote after earlier successThe nascent Amazon Labor Union suffered a blow on Monday as workers at a Staten Island Amazon facility rejected unionization. The vote comes after the ALU successfully unionized another Amazon facility in the borough last month.
Cover StoryPost-pandemic city: What does ‘downtown’ mean in a world of hybrid work?Downtowns designed to serve a 9-to-5 workforce mull a makeover as workers embrace hybrid working models.
First LookCar living: College students hit hard by US housing crunchAmid the U.S. housing shortage, college students are feeling the squeeze as rent prices soar. To cope, students are opting for longer commutes or sleeping in their cars until more affordable options become available close to campus.
States ask people to return mistaken pandemic relief payments. Is it fair?What’s the fair way forward after the government makes a mistake? State agencies are grappling with how to handle millions of cases of overpaid pandemic unemployment benefits.
FocusWar’s economic fallout: A tech-worker exodus from three nationsRussia’s invasion of Ukraine has prompted a damaging exodus of talented workers. The effects could be much more severe for Russia and Belarus than for Ukraine.
First LookEnd of an era: The decline and fall of the Kmart retail empireAs brick-and-mortar stores of all stripes struggle against online shopping and sector juggernaut Walmart, the once mighty big-box retailer Kmart has been reduced from a symbol of the suburbs to just a handful of stores that remain.
First LookInflation accelerates to new record. Can the US hit the brakes?The Labor Department said Tuesday that its year-over-year consumer price index jumped 8.5% in March, setting a 40-year high. The Federal Reserve expects to raise interest rates again in the coming months aimed to slow borrowing and spending and combat inflation.
First Look'Built by workers': Amazon employees win their first unionWorkers at an Amazon warehouse in New York’s Staten Island voted to unionize last Friday, a first in the retail giant’s history after an effort failed in Alabama. Organizers in New York say they reached workers by making TikTok videos and holding cookouts.
First LookA million barrels a day: Biden to release oil from reserveIn an effort to bring down gas prices, President Joe Biden announced Thursday that the administration will release 1 million barrels of oil a day from the strategic petroleum reserve for the next six months. He also urged oil companies to increase their output.
First LookWhat is driving the Uber-NYC taxi cab partnership?Uber and New York City taxi cabs have fiercely fought for customers since Uber appeared on the market. Amid driver shortages and increased demand, Uber announced Thursday it will list NYC's yellow cabs on its app, opening up a pool of customers to cab drivers.
Why sanctions bite: Russian economy isn’t huge to begin withRussia spends a lot of money on its military, given the size of its economy. Now sanctions are shrinking that economy rapidly – and pressuring Putin.
