Tech companies led multiple revolutions in what office work looks like in this century. Google was the most well-known company to turn its offices into a “campus” with the amenities of a large resort, from free lunch to recreation, all designed to keep employees happily toiling away at the office as long as possible. They were…
Tags: Economy
North Korea claims US soldier ran across border ‘to escape discrimination’
North Korean officials have claimed that Travis King, a detained American soldier, entered the country as a result of alleged “inhuman maltreatment and racial discrimination within the US Army”. King had shown a willingness to apply for asylum in North Korea after crossing the border last month, according to North Korea’s initial official statements on…
Are Americans ready to get on board with tax reform? Not so much.
Are Americans ready to get on board with tax reform? Not so much. So far, the early debate over a 2017 tax bill has been an inside-the-Beltway game. But what will happen once the tax debate gets out of Washington? Will it engage a highly polarized and often-confused public? | View caption Hide caption So…
Britons favor ‘controlled openness’ over closed door as immigration soars
Balance Europe Britons favor ‘controlled openness’ over closed door as immigration soars | View caption Hide caption High immigration rates motivated many Britons to favor leaving the European Union in 2016. But migrant numbers have risen to record heights since then, and the public seems largely unconcerned, instead happy with “controlled openness.” Anti-immigration hard-liners in…
What are greedflation and wageflation?
We’ve heard a lot about inflation in recent years, but we might not be as familiar with two terms that describe phenomena that could be partly driving it: greedflation and wageflation. “When inflation took off in 2021 in the U.S., so did corporate profits,” said The Wall Street Journal. This raised some eyebrows. But just as profit…
Is America still credit-worthy?
America just saw its credit rating drop. The Associated Press reported that Fitch Ratings downgraded the U.S. debt rating from AAA to AA. That was “a move that spurred debate in Washington about spending and tax policies.” Fitch said the government’s rising debt burden and the country’s increasingly ugly political fights — including factors like…
World’s reduced thirst for oil may be foiled by developing countries’ challenges
The International Energy Agency (IEA) predicted last month that the demand for energy is nearing its peak in 2026 for transport uses and 2028 for other uses. However, the fate of the world’s oil demands largely rests on the economies of developing countries. What are the prospects for oil demand? An IEA medium-term report released this year…
Why EPA’s science and tech office no longer has ‘science’ in its mission
Why EPA’s science and tech office no longer has ‘science’ in its mission Its mission statement used to describe an agency responsible for developing ‘sound, science-based standards.’ But the word ‘science’ has recently vanished. | View caption Hide caption The U.S. Environmental Protection Agency is emerging as one of the government entities most targeted by the…
The Great Resignation is ending. Now what?
After three years and plenty of staffing shortages, it seems the so-called Great Resignation is on its way out. The phenomenon first arose as a result of the Covid-19 pandemic, when fatigued workers with cash to burn and time to think gave their employers an ultimatum: Show me you value me, or I’ll find somewhere…
UPS reaches tentative deal to avoid strike
UPS reached a tentative deal with its Teamsters union on Tuesday, potentially avoiding a strike that could have caused supply chain disruptions across the country. The deal is “a win-win-win agreement on the issues that are important to Teamsters leadership, our employees, and to UPS and our customers,” UPS CEO Carol Tomé said in a press…