All Economy
- First LookCareer guidance may be key to reducing unemploymentIn February, Congress passed a bill that would require states to spend a quarter of reemployment program budgets on "evidence-based interventions." Now, a career assistance program in Nevada that has seen remarkable success may become a federal standard.
- First LookCrowdfunding loses luster as investment strategy for small businessesWhen small businesses began to use crowdfunding platforms to kickstart their investments, the approach was hailed as the future of start-ups. But two years later, with a dearth of small investors and strict regulations eating into funds, they are losing their appeal.
- First LookAs US jobs market grows, cities look to support those left behindMillions of Americans are still struggling to find work despite a growing economy, many of whom are clustered in cities with chronic unemployment. Local and national officials are using targeted training schemes, new investment incentives, and other strategies to create jobs.
- Disclosure in the Caymans: Global walls of financial secrecy are fallingA new British law could have big ripple effects as part of a global trend toward financial transparency. Disclosure of who really owns offshore companies can counter crime and reduce the inequality that arises from corruption or tax evasion.
- First LookCalifornia ruling will cause 'seismic shift' in gig economyA California Supreme Court ruling will limit businesses from designating workers as independent contractors who are not able to attain certain benefits and employment protections. The ruling will likely increase the number of workers eligible for benefits under state wage laws.Â
- After a long lull, inflation rises from gas-pumps to retail storesEnergy prices are rising, Amazon is raising Prime member fees, and broader price indexes are accelerating. Consumers and financial markets are taking note, and so are Federal Reserve policymakers.Â
- First LookWomen's sports leagues unite in SheIS initiativeWomen's sports leagues are banding together for the first time to tackle the pay gap between men and women in sports and help each other increase resources, viewership, and attendance.Â
- First LookTechnology's influence reshapes how employers assess job applicantsCompanies are challenging the notion that students who specialize in STEM courses and academia will be more likely to succeed in the job market. Instead, many employers are using computer programs to assess the qualitative skills of their candidates.Â
- First LookTrump trade policies cause deep ripples in agriculture countryDespite largely supporting President Trump in 2016, farmers and ranchers in Montana and other agricultural states are now feeling the effects of his unpredictable approach to trade policy. The growing trade conflict with China is an especially strong source of concern.
- Even in Trump era, green energy innovation is sparking, not sputteringCongress has kept in place federal funds that support the key period when inventors have to build prototypes to show potential investors. Some corporations and states also help maintain momentum on clean energy.
- First LookTo withstand tariffs, farmers rebrand pecans to US consumersThe pecan may be the only native nut to the United States, but for the past decade, China has been its biggest consumer. Now, with the possibility of Chinese tariffs on a number of agricultural products looming, farmers are rethinking how to market pecans in the US.
- First LookAmid US woes, Chinese telecom giant turns to Europe, AsiaHuawei, the No. 3 smartphone brand, has repeatedly been stymied trying to enter the American market. The US has cited national security concerns.Â
- The tax that binds? For many, Tax Day symbolizes civic duty.Plenty of Americans have concerns about taxes, but overall, most view their returns through a lens of communal responsibility. It's a view that underpins democracy, some experts say.
- US versus China: How a tussle for advantage fuels risk of a trade warChina's tactics include using industrial policies and state support in a bid for rapid modernization. The Trump administration wants to use American market power to get better deals from trading partners. At risk in the shuffle is a hard-won system of global trade rules.
- Zuckerberg testimony: a tipping point for new privacy regs?Even Facebook's founder says regulation of social media platforms is 'inevitable.' A new EU privacy law may also push corporations to adopt similar practices universally.Â
- The ExplainerWhat's behind the plunge in bitcoin?Cryptocurrency – that hip computer-software money that was supposed to sweep cash into the dustbin of history – is having its comeuppance in 2018. Its price is plunging, and governments are beginning to rein it in.
- In US-China trade spat, soybeans symbolize two economies intertwinedA trade dispute escalated this week, as China pledged to respond in kind to proposed US tariffs. One target, soybeans, would hit US farmers particularly hard. But it also hurts Chinese consumers. Both sides have incentives to cut a deal.
- First LookHawaii's low unemployment presents unique challengesIn a state famous for its bustling tourism industry, many hospitality companies are struggling to fill open positions. Hawaii has the lowest unemployment rate in the US and is now strategizing how to attract a young labor force and foster a higher demand for jobs.
- Trump’s challenge to fuel-efficient car standards: an uphill battleCarmakers haven't issued a unified call to roll back regulation to improve fuel economy, yet the EPA appears headed in that direction. With high stakes surrounding climate change, the courts could have the final say.
- Facebook under fire, but it’s just part of ‘surveillance economy’Google, Amazon, and social media platforms track and analyze people's personal data so they can predict what they'll buy and even how they'll vote. Privacy advocates want Congress to set limits on the practice.Â