As politicians spar over who’s to blame for recent increases in gas prices, a large majority of Americans say oil companies and Russian President Vladimir Putin are major culprits, a new ABC News/Ipsos poll finds. Along party lines, Americans are more likely to blame Democrats for the increase in gas prices than Republicans, according to […]
Category: Business
81% of adults in this survey believe a recession likely
After two years of the coronavirus pandemic, a recession and a rapid recovery, Americans are worried that the economy may swiftly decline once again. Some 81% of adults said they think the U.S. economy is likely to experience a recession in 2022, according to the CNBC + Acorns Invest in You survey, conducted by Momentive. […]
These entry-level workers earn six-figure salaries
Davis Nguyen specialises in helping college seniors begin a career in management consulting. It’s an industry that historically pays well: even before the pandemic, some of the biggest firms offered undergraduates salaries that often approached the six-figure mark. However, in the current market, Nguyen’s clients are doing particularly well. “They’ll come back and say ‘I […]
Have we been ‘Greenwashed’? Why ‘bio’ and ‘green’ don’t mean what you think
Green. Bio. Natural. Clean. Organic. Eco-friendly. Sustainable. These are words we are confronted with constantly: on billboards, online and on TV. They are pervasive in advertising and appear on the products we see on supermarket shelves. But what do they really mean and how do companies use them to convince environmentally conscious consumers to buy […]
‘Coasting’ workers becoming prevalent
Edward’s usual workday begins at 0830. He showers, makes breakfast and grabs a coffee – all on company time. During the rest of his morning, the sales employee, who works remotely for a firm based in the north-east of England, periodically checks his inbox, attends the occasional meeting and watches YouTube. As lunch approaches, Edward […]
Biden’s new oil reserve plan falls drastically short
Oil prices are pulling back sharply as investors gear up for the White House to potentially unleash a record amount of crude from US reserves in a bid to ease pressure at the pump following Russia’s invasion of Ukraine. What’s happening: President Joe Biden is weighing a plan to release around 1 million barrels per […]
Will billionaires be able to solve America’s budget problem?
The proposal aims to capture more of the wealth created by the soaring stock market of the last few years. It targets the roughly 20,000 taxpayers in the US worth more than $100m. Investor Warren Buffett, Tesla boss Elon Musk and Amazon founder Jeff Bezos would be among those affected. Under the proposal, America’s 0.01% […]
New John Deere Robot Tractors Plow Day and Night With No One in the Cab
John Deere, the world’s largest farming implements producer, just unveiled a self-driving tractor to plow America’s acreage by day or night without a driver. Unveiled at the Consumer Technology Association (CES) convention 2022 in Las Vegas, John Deere have said that the 8R autonomous tractor will “enable farmers to place seeds, spread nutrients, and harvest […]
These 8 food items are the most expensive right now
Earlier this month, the rate of inflation — the rate of increase in prices over a given period of time — here in the United States reached a 41-year historic high as consumer goods continue to be impacted by supply chain issues exacerbated by the COVID-19 pandemic, and more recently, by the war in Ukraine. […]
New digital currency proposal is an attack on liberty
While the world remains focused on the tragic situation in Ukraine, the Biden administration is preparing to launch America’s first government-backed digital currency. If a new digital dollar is rolled out, it could substantially reduce individual rights and give the Federal Reserve and the national government significantly more power over the U.S. economy. On March […]
Food shortage risk is going to get “real” according to Biden
President Biden warned Thursday that there could be global food shortages resulting from the Russian invasion of Ukraine and announced steps to prevent a potential crisis. “We did talk about food shortages. And it’s going to be real. The price of these sanctions is not just imposed upon Russia, it’s imposed upon an awful lot […]
U.S. farmers worried about planting more because of Russia’s Ukraine war
Higher wheat prices should make farmers like Nicole Berg, the owner of a 21,000 acre farm in Washington state, happy. But the costs of fuel and fertilizer are eating into her profits. “The issue we’re having right now is that input costs are going up even more than the price of wheat,” Berg told CNBC […]