economic
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MEXICO CITY (AP) — U.S. Ambassador Ken Salazar said Thursday a judicial overhaul proposed by Mexican President Andrés Manuel López Obrador poses a “risk” to Mexico’s democracy and “threatens the historic commercial relationship” between Mexico and the U.S. The proposal, including a provision to require judges be elected, has spurred a fierce outcry from investors […]
Black Americans strongly support initiatives that would increase the minimum wage to $17, make affordable housing more accessible and create an equitable tax system, according to Black to the Future Action Fund, a political advocacy thinktank. On Thursday, the group released a 55-page economic agenda based on its 2023 survey of 211,219 Black people across […]
Republicans have not “been as good at marketing the success that has come out of this conservative movement as we should,” U.S. Sen. Tim Scott of South Carolina said. Credit: Baylor Spears / Wisconsin Examiner / ALL RIGHTS RESERVED U.S. Sen. Tim Scott of South Carolina, speaking to other Black delegates at the Republican National […]
By Black PR Wire Photos: YouTube Screenshots (Black PR Wire) TULSA, Okla.–(BUSINESS WIRE)– Today, the Biden-Harris administration and the U.S. Economic Development Administration (EDA) awarded approximately $51 million to the Tulsa Hub for Equitable and Trustworthy Autonomy (THETA) – a consortium led by Tulsa Innovation Labs – to strengthen the region’s capacity in autonomous systems […]
(Bloomberg) — Oil steadied ahead of US economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years. Most Read from Bloomberg Brent traded near $85 a barrel and has swung in a narrow range of $1.76 so far this week, the smallest fluctuation since early […]
In March 2024, US diesel demand plummeted to its lowest seasonal level in 26 years, driven by a significant slowdown in economic growth. According to the US Energy Information Administration (EIA), the product supplied of distillate fuel, essential for trucking, heating, and heavy industry, fell to 3.67 million barrels per day. This figure marks a […]
David Paul Morris/Bloomberg/Getty Images Homes in Oakland, California, US, on Thursday, March 28, 2024. Washington CNN — US economic data released Thursday was broadly disappointing. America’s economy expanded at a weaker pace earlier this year than initially reported. The decline in home sales based on contract signings last month was much steeper than economists expected. […]
A striking disconnect remains in the US economy: continued growth and softening inflation along with Americans’ pervasive pessimism and uncertainty about the future. “I think people are just uncertain,” President Biden recently told Yahoo Finance in an exclusive interview. “And that’s why we’ve got to be steady, stay the course, and continue to produce these […]
The world’s two most powerful countries, the United States and China, are meeting this week in Washington to talk about climate change. And also their relationship issues. In an ideal world, where the clean energy transition was the top priority, they would be on friendlier terms. Maybe affordable Chinese-made electric vehicles would be widely sold […]
By Nandita Bose and Jarrett Renshaw ATLANTA (Reuters) -U.S. Vice President Kamala Harris started a multistate tour on Monday in Atlanta, to tout economic opportunities for Black Americans, as Democrats try to mobilize a critical voting base ahead of November’s election. A major focus of the tour is energizing and engaging Black men, a key […]