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  1. Home
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  3. economy
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  5. Page 3
Home»Posts tagged with»economy (Page 3)

Report: Alaska Cannot Mine its Way out of Fiscal Crisis

By Bob Shavelson | Cook Inlet Keeper on Apr 6, 2021   State  

Report: Alaska Cannot Mine its Way out of Fiscal Crisis

HOMER, AK — As Alaska struggles with a historic fiscal crisis – and as the mining industry seeks to position itself as an economic engine for Alaska – a new report concludes that increased hard rock mining cannot fill the gap left by waning petroleum revenues.   The report – entitled “The Role of Metal Mining […]

As Economic Suffering Grips Regular Americans, Wall Street Behemoths Ready Feast of Stock Buybacks

By Andrea Germanos | Common Dreams on Jan 23, 2021   Featured, National, National/World  

As Economic Suffering Grips Regular Americans, Wall Street Behemoths Ready Feast of Stock Buybacks

“We’re going to be aggressively buying back, and consistently,” said Morgan Stanley chief executive James Gorman. For millions of regular Americans, the end of 2020 was marked by economic distress, with millions suffering pandemic-triggered job losses—and thus the loss of their employer-tied health insurance—still waiting on robust economic relief from federal lawmakers, and facing a weak social safety net. For the nation’s biggest banks, […]

Biden Announces $1.9 Trillion Coronavirus Relief Package

By VOA on Jan 15, 2021   Featured, National, National/World  

Biden Announces $1.9 Trillion Coronavirus Relief Package

U.S. President-elect Joe Biden unveiled a coronavirus response plan Thursday evening, emphasizing the urgency of passing legislation to help Americans through the pandemic and the economic crisis it has wrought. “During this pandemic, millions of Americans, through no fault of their own, have lost the dignity and respect that comes with a paycheck,” Biden said […]

‘Trump Is a Fraud, Exhibit One Billion’: Trade Deficit Soars to 12-Year High Despite President’s Promises to Wipe It Out

By Jake Johnson | Common Dreams on Sep 4, 2020   Featured, National, National/World  

‘Trump Is a Fraud, Exhibit One Billion’: Trade Deficit Soars to 12-Year High Despite President’s Promises to Wipe It Out

  “Trump pledged to eliminate the trade deficit and end job outsourcing, but the overall 2020 deficit is on track to be larger than when he took office, and his Labor Department has certified more than 300,000 American jobs were lost to outsourcing and imports during his presidency.” Donald Trump promised on the campaign trail […]

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