Economy
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Can universal basic income work in the US?
Photo by User:Knulclunk/Wikimedia Commons shows a view of Spanish Harlem in NYC The release of a new report estimating a $ 2.5 trillion addition to the US. economy through a universal basic income plan for all...October 15, 2017 1195 0 -
American middle class earnings in 2016 soared to highest level
Times Square in New York, Photo: Chensiyuan/Wikimedia Commons The middle class in America earned highest income in 2016, overtaking the previous record level achieved in 1999, according to the U.S. Census Bureau. The Bureau released three...September 12, 2017 1247 0 -
A celebration of immigrant artists shows what enriches America
Photo: Institute of Immigration Research In February this year, The Davis Museum at Wellesley College in Massachusetts removed all pieces of art contributed or donated by immigrants. This month, George Mason University’s Institute for Immigration Research,...June 6, 2017 3534 1 -
Pakistan now formally recognized as Emerging Economy
Karachi, Pakistan’s financial hub, Photo by Rahib ALi via Wikimedia Commons After knocking the frontier doors for nine years, Pakistan has entered the grouping of world’s next promising economies with the Index provider MSCI’s inclusion of...May 18, 2017 1659 0 -
Renewable power will dominate the future
Renewable power will dominate in the future, with many large international corporations already increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity, a new study based on analyses...April 4, 2017 1539 0 -
Virginia’s unemployment rate drops to 4.0%
Virginia’s seasonally adjusted unemployment rate was down 0.1 percentage point in January to 4.0 percent, after holding steady at 4.1 percent the previous six months, the Governor Terry McAuliffe revealed Monday. The positive assessment comes after...March 14, 2017 1034 0 -
In upbeat sign, U.S. economy added 235,000 jobs in February
Exceeding expectations, the United States added 235,000 jobs to its economy in February, an upbeat report card that could help the Federal Reserve hike rates at a meeting this month. The unemployment rate stood at 4.7...March 10, 2017 1214 0 -
U.S. continues to dominate the global economy
A panoramic view of Manhattan, NY, Photo by King of Hearts via Wikimedia Commons With nearly a quarter (24.3%) of the global GDP, the United States continue to dominate the world economy, attesting to the vibrancy...February 23, 2017 1707 0 -
Trump’s tax, spending measures could bolster world growth : World Bank
Lower Manhattan, New York City, Photo : King of Hearts via Wikimedia Commons Donald Trump’s fiscal stimulus and spending plans could help fuel the world economy, which is showing signs of improvement with 2.7 percent growth...January 11, 2017 885 0 -
Minimum wage raise in several states at the start of 2017
Times Square in Manhattan Photo by Chensiyuan (chensiyuan) via Wikimedia Commons In a development likely to lift income levels for millions of workers, 19 U.S. states raised the minimum wage Monday as Americans celebrated the start...January 2, 2017 983 0
