Opinion | How’s the war on inflation going?

Opinion |  How’s the war on inflation going?

The US economy is not currently in a recession. No, two quarters of negative growth is not, whatever you may have heard, the “official” or “technical” definition of a recession; this determination is made by a committee which has always relied on various indicators, in particular employment growth. And like Jerome Powell, the chairman of … Read more

AEMO urges a faster shift to renewable energy between coal failures and rising fossil fuel costs

AEMO urges a faster shift to renewable energy between coal failures and rising fossil fuel costs

The Australian energy market operator has called for an accelerated shift to wind and solar, supported by batteries and other storage systems, as a devastating combination of coal-fired power plant failures, rising fossil fuel costs and changes to deals pushed electricity prices to unprecedented levels in the June quarter. Its latest quarterly Energy Dynamics report … Read more

Is Jerome Powell as wrong on the job market as he is on inflation?

Is Jerome Powell as wrong on the job market as he is on inflation?

Now we know. The economy contracted for two consecutive quarters, falling by a modest 0.9 percent in the second three months of the year after a 1.6 percent decline in the first quarter. That doesn’t mean, the White House argues, in a ridiculous effort to spread the bad news, that we’re in a recession. No … Read more

Recovery of redeemed bitcoins sent to exchanges – Bitcoin Magazine

Recovery of redeemed bitcoins sent to exchanges – Bitcoin Magazine

This is an opinion editorial by Matthew Green and Brian Sanya Mondoh, collaborators of Bitcoin Magazine. With all the cryptocurrencies available, including bytecoin, monero, and zcash designed for anonymity, ransomware attackers continue to demand bitcoin, and some reports show that darknet markets are powered by bitcoin transactions (see pages 54 and 109 of the Chainalysis … Read more

Trucking CEOs expect high prices, demand in the second half of 2022

Trucking CEOs expect high prices, demand in the second half of 2022

Trucks at the Oakland Port Entrance in Oakland, California, USA, Thursday, July 14, 2022. Truckers serving some of the busiest ports in the United States are staging protests as state-level labor regulations changing their employment status begin to take effect, creating another bottleneck in the stressed US supply chains. David Paul Morris | Bloomberg | … Read more

Recession, Brittney Griner and SoulCycle

Recession, Brittney Griner and SoulCycle

Let’s not talk about this History Today may or may not be the day of the recession. Ah today? Sure, just let me cancel my call and secure my bank account … Keep that thought. Economists have predicted that today’s GDP numbers would indicate a recession. Gross Domestic Product tracks the overall health of the … Read more

DEP says Maine is ahead of its time to reach the climate change goal

DEP says Maine is ahead of its time to reach the climate change goal

Maine has surpassed its medium-term goal for reducing greenhouse gas emissions, positioning the state to become carbon neutral by 2045, the Maine Department of Environmental Protection said in a report released Thursday. The ninth biennial report on progress towards reducing the greenhouse effect states that gross greenhouse gas emissions in 2019 were 25% lower than … Read more

The 2nd state of Mexico begins avocado exports to the US market

The 2nd state of Mexico begins avocado exports to the US market

MEXICO CITY — US consumers will finally have the chance to try Jalisco avocados after 25 years in which neighboring Michoacan was the only Mexican state allowed to send the green fruit to the US market. This could help with prices, which have soared to over $ 2 per fruit this year in a drop … Read more