Economy - Part 13
A robot patrolling a street in San Francisco to ward off homeless people has been removed after complaints from locals, who also knocked it over and smeared it with feces.
The Knightscope K5 security robot was deployed by the San Francisco branch of the S ...[Read more]
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The US economy is caught in a trap. That trap is the Department of Defense: an increasingly sticky wicket that relies on an annual, trillion-dollar redistribution of government-collected wealth. In fact, it's the biggest "big government" program on the pl ...[Read more]
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We were growing food, but couldn’t afford to buy it. We worked 80 hours a week, but we couldn’t afford to see a dentist, let alone a therapist. I remember panic when a late freeze threatened our crop, the constant fights about money, the way light swe ...[Read more]
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With GOP tax plan moving ahead and the Obamacare fight in the rearview mirror, Republicans in Congress are setting their sights next on deregulating Wall Street.
Ten Democrats have co-sponsored a bill that would deregulate Wall Street. That makes the GOP- ...[Read more]
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U.S. student loan debt now equals the size of the $1.3 trillion U.S. high-yield corporate bond market, presenting investors with a whole different range of risks.
“Delinquency rates on student loans are much higher than those on auto loans or mortgages, ...[Read more]
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House Speaker Paul Ryan (R-Wis.) on Wednesday said House Republicans will aim to cut spending on Medicare, Medicaid and welfare programs next year as a way to trim the federal deficit.
“We’re going to have to get back next year at entitlement reform, ...[Read more]
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The United Nations monitor on extreme poverty and human rights has embarked on a coast-to-coast tour of the US to hold the world’s richest nation – and its president – to account for the hardships endured by America’s most vulnerable citizens.
The ...[Read more]
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The vultures have started circling. In a sane world, legislation that adds $1.5 trillion to America’s debt (already over $20 trillion and rising by the second) would not be celebrated as “just what the country needs to get growing again.” Yet here w ...[Read more]
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“Nearly 1.24 billion tons of crude have been found so far with about 520 million tons of proven reserves,” officials at the state’s company subsidiary PetroChina told the media.
The company stressed the discovery came after ten years of geological e ...[Read more]
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With its focus on Central Asia and Eastern Europe, the Belt and Road Initiative can be seen as fulfilling a strategy of challenging the West that can be traced back to Mao...
The 19th Chinese Communist Party Congress made it clear that the New Silk Roads ...[Read more]
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High-ranking Republicans are hinting that, after their tax overhaul, the party intends to look at cutting spending on welfare, entitlement programs such as Social Security and Medicare, and other parts of the social safety net.
House Speaker Paul D. Ryan ...[Read more]
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