The Federal Reserve closely monitors the job market to determine future interest rate adjustments, with inflation and wage gains being key factors in decision-making. [ more ]
Employment data is crucial for assessing the health of the economy; the April 2024 US data fell short of expectations, signaling potential job creation and economic growth slowdowns. [ more ]
Trump's allies propose more control over the Federal Reserve, including consultation on interest rate decisions and potential removal of Powell as Fed chair. [ more ]
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
Global inflation is starting to cool and economies are recovering, but risks lie ahead due to uneven speed of rebound and geopolitical tensions. [ more ]
Why Japan is investing in semiconductors once more DW 04/29/2024
Japan significantly increased semiconductor industry support, investing 3.9 trillion yen from 2021-2023, motivated by geopolitical changes, COVID-19 impacts, and desire to protect the economy. [ more ]
Renewable energy provided 30% of world's electricity in 2023
Renewable energy sources generated 30% of global electricity in 2023 due to growth in wind and solar, with China leading in new installations. [ more ]
How to realize the potential of rising global digital jobs
218 job types out of 5,400 conducive to global digital jobs; expected to rise to 92 million by 2030 with higher pay; a global digital framework could address barriers. [ more ]
The US is propping up gas while the world moves to renewable energy
Global electricity generation from fossil fuels likely peaked in 2023, marking a significant turning point towards renewables and reduced emissions. [ more ]
How climate policies can drive voters to the far right
Polish farmers protest EU green policies and cheap imports. NL cut carbon by taxing gas, funding solar panels, raising adoption rate to 20%. Gas prices up by 50%. [ more ]