Investments and Business

Can Europe Save Forests Without Killing Jobs in Malaysia?

Can Europe Save Forests Without Killing Jobs in Malaysia?

The European Union’s upcoming ban on imports linked to deforestation has been hailed as a “gold standard” in climate policy: a meaningful step to protect the world’s forests, which help remove planet-killing greenhouse gases from the atmosphere.The law requires traders to trace the origins of a head-spinning variety of products — beef to books, chocolate and charcoal, lipstick and leather. To the European Union, the mandate, set to take effect next year, is a testament to the bloc’s role as a global leader on climate change.The policy, though, has gotten caught in fierce crosscurrents about how to navigate the economic…
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February Inflation Report: CPI Live Updates

February Inflation Report: CPI Live Updates

The Consumer Price Index inflation report set for release on Tuesday morning could be a big news event for the Federal Reserve and many in markets.While it’s expected to show that a key measure of price increases continued to cool in February, investors will be watching even more closely to see what the underlying trends in the data suggest about what comes next.Overall inflation is expected to hold steady at 3.1 percent on an annual basis. That’s down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the 2020…
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The Surprising Left-Right Alliance That Wants More Apartments in Suburbs

The Surprising Left-Right Alliance That Wants More Apartments in Suburbs

For years, the Yimbytown conference was an ideologically safe space where liberal young professionals could talk to other liberal young professionals about the particular problems of cities with a lot of liberal young professionals: not enough bike lanes and transit, too many restrictive zoning laws.The event began in 2016 in Boulder, Colo., and has ever since revolved around a coalition of left and center Democrats who want to make America’s neighborhoods less exclusive and its housing more dense. (YIMBY, a pro-housing movement that is increasingly an identity, stands for “Yes in my backyard.”)But the vibes and crowd were surprisingly different…
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Beachfront real estate in Panama: opportunity for residents of North Macedonia

Beachfront real estate in Panama: opportunity for residents of North Macedonia

Located in Panama, Playa Caracol Residences is a real estate project that goes beyond expectations, offering investors from North Macedonia a unique beachfront experience. With extensive and captivating views of the majestic Cerro Chame and more than a kilometer of uninterrupted beach, this project presents itself as a true paradise where every detail creates an environment of incomparable beauty and serenity on the beaches of Panama. Playa Caracol: a luxurious real estate development in Panama's stunning Chame region The architectural design of Playa Caracol is a testament to originality, modernity, and the seamless integration of local elements. Each property is…
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With Cyberattack Fix Weeks Away, Health Providers Slam United

With Cyberattack Fix Weeks Away, Health Providers Slam United

More than two weeks after a cyberattack, financially strapped doctors, hospitals and medical providers on Friday sharply criticized UnitedHealth Group’s latest estimate that it would take weeks longer to fully restore a digital network that funnels hundreds of millions of dollars in insurance payments every day.UnitedHealth said that it would be at least two weeks more to test and establish a steady flow of payments for bills that have mounted since hackers effectively shut down Change Healthcare, the nation’s largest billing and payment clearinghouse, on Feb. 21.But desperate providers that have been borrowing money to cover expenses and employee payrolls…
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Brighter Economic Mood Isn’t Translating Into Support for Biden

Brighter Economic Mood Isn’t Translating Into Support for Biden

Economic vibes don’t necessarily predict electoral outcomes, though, and this campaign is different in many ways from those in the past. “We’re kind of in an unprecedented situation where we’re weighing two incumbents,” said Joanne Hsu, who runs the Michigan survey.Anthony Rice, a 54-year-old Democrat in eastern Indiana, and pretty much everyone he knows, he said, are doing well right now. Gas prices are down, jobs are plentiful, and Mr. Rice, a unionized dump-truck driver, is benefiting directly from the infrastructure law that Mr. Biden signed in 2021. Yet few people in the deep-red part of the country where he…
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China’s New Economic Agenda, a Lot Like the Old One: Takeaways

China’s New Economic Agenda, a Lot Like the Old One: Takeaways

Beijing was abuzz with politics on Tuesday. China’s annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills — opened for business.The event is a chance for the leaders to signal the direction of the economy and outline how and where the government will spend money in the coming year.Yet while aiming high, they offered little. Officials signaled that they were not ready for any showstopping moves to revive an economy battered by a property crisis, the loss of consumer confidence and financial pressures of indebted local governments. Despite their reluctance to…
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How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

I have covered economics for 11 years now, and in that time, I have come to the realization that I am a statistic. Every time I make a major life choice, I promptly watch it become the thing that everyone is doing that year.I started college in 2009, in the era of all-time-high matriculation rates. When I moved to a big coastal city after graduation, so did a huge crowd of people: It was the age of millennial urbanization. When I lived in a walk-in closet so that I could pay off my student loans (“The yellow paint makes it…
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Migrants Help the Economy, but There Are Many Roadblocks to Work

Migrants Help the Economy, but There Are Many Roadblocks to Work

The U.S. economic recovery from the pandemic has been stronger and more durable than many experts had expected, and a rebound in immigration is a big reason.A resumption in visa processing in 2021 and 2022 jump-started employment, allowing foreign-born workers to fill some holes in the labor force that persisted across industries and locations after the pandemic shutdowns. Immigrants also address a longer-term need: replenishing the work force, a key to meeting labor demands as birthrates decline and older people retire.Net migration in the year that ended July 1, 2023, reached the highest level since 2017. The foreign-born now make…
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