All posts tagged "Economicissues"

SAN JOSE, Calif. — San Francisco cleaned up its act and played host to a who’s who of global import this past week as political, business and cultural leaders gathered from around the world — President Joe Biden and Chinese President Xi Jinping leading the pack — for the Asia-Pacific Economic Cooperation forum. There were plenty of other stars circling in their orbit: Apple’s Tim Cook, Tesla’s Elon Musk, Golden State Warriors Coach Steve Kerr and singer Gwen Stefani, to name a few. The week’s events in and around the Moscone Center featured speeches, announcements, protests, world leader one-o......

Presidential hopeful Vivek Ramaswamy is vowing to allow Russia to keep every inch of Ukrainian territory it has occupied if Vladimir Putin promises to cut ties with China. The outspoken Republican candidate told Fox News that he would also cave to Russian demands to keep Ukraine out of NATO in exchange for the hypothetical pledge to break off economic and military alliances with Beijing. “I would freeze the current lines of control,” Ramaswamy said Wednesday night. “I would further make a hard commitment that NATO will not admit Ukraine to NATO. That’s enough to get Putin to do the deal.” If h......

As he relentlessly accuses President Joe Biden and national Democrats of fueling rising costs and fiscal mismanagement, Florida Gov. Ron DeSantis is facing stubbornly high inflation in his own backyard. New data released this week show prices in the Miami-Fort Lauderdale-West Palm Beach metro area jumped 9% in the 12 months that ended in April In the Tampa-St. Pete-Clearwater area, the inflation rate hit 7.3% in the year that ended in May. The national average, according to the Consumer Price Index, now stands at 4%. The high cost of living in the Sunshine State opens up what DeSantis’ critics......

California and Florida are home to sun, sand, surf and a sizzling showdown between two governors looking to surpass each other on the national political stage. Florida Gov. Ron DeSantis says Californians are fleeing their governor’s liberal policies, picking Jacksonville over Southern California to escape what he considers to be a “dumpster fire.” California Gov. Gavin Newsom has fired back that Florida is led by a “small, pathetic man,” touting California as an economic powerhouse that Florida “doesn’t even come close” to matching. The rivalry is heating up with Newsom challenging DeSantis to......

U.S. worker productivity has dropped significantly, including in key large states, leaving some economists alarmed by the decrease in a measure that could mean trillions of dollars to the economy. Labor productivity — the value of the goods and services produced on average by an hour’s work — ranged from $58.80 in Mississippi to $120.67 in New York last year, according to a Stateline analysis of federal Bureau of Labor Statistics data released in May. Thirty-seven states and the District of Columbia saw worker productivity drop from 2021 to 2022 after adjustment for inflation. So far this year......

Three officials from McCurtain County, Oklahoma, have been suspended after making racist comments and threats to journalists in leaked audio. The Oklahoma Sheriffs’ Association told News 9 that McCurtain County Sheriff Kevin Clardy, Capt. Alicia Manning and jail administrator Larry Hendrix were suspended after a unanimous vote at an emergency meeting Tuesday morning. It’s unknown what consequences District 2 commissioner Mark Jennings, who also was caught on tape, will face. The audio in question, published by the McCurtain Gazette-News, features Clardy and Jennings complaining about two repor......