Economic predictions with Gary Shilling

American economy

American financial and economic advisor Gary Shilling shared his thoughts on how the U.S. will recover after the pandemic. What does the workplace look like once the workforce is vaccinated? Well, it’s going to look different. Obviously, people have gotten used to working from home. And we are learning how to use telecommunication technology that’s

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How can the U.S. stop cyber attackers?

Hacking

At the beginning of 2020, we start to see a new trend that is now prevalent throughout the industry where not only did cyber attackers encrypt your data, but they also stole that data and then threatened to post or leak it if the ransom isn’t paid. So that really has driven up the ransom

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How the COVID pandemic changed the U.S. economy? Interview with a chief economic advisor at Allianz Mohamed El-Erian.

Economic recession

What is the workplace look like once the workforce is fully vaccinated? It’s going to look different in the sense there will be much more hybrid work. There will be people working in offices, and they’ll be people working at home. It is going to be a much more fluid population than it was before

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When will the U.S. economy recover?

US economy

We’re bringing together some of the brightest minds in finance and economics. Mark Zandi, the chief economist at Moody’s Analytics, answered our questions about the new normal of work, everything from which jobs are going extinct to what the future workplace will even look like in a post-pandemic world. What is the workplace look like

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Do high taxes force wealthy people to flee?

Tax money

In early April, the New York state legislature passed a $212 billion budget for 2022. Among spending cuts, it includes tax increases on the wealthy. Others have done the same – New Jersey raised that top rate from 8.97% to 10.75% for those making a million dollars or more. Raising taxes on the wealthy is

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Funerals are getting more expensive in the U.S.

Funeral

The history of funeral homes in America really begins with the Civil War. Prior to that, families in America would care for their own dead. Their bodies were prepared and displayed in the parlor of the house. It wasn’t until after the war that embalming became a regular practice. Families would request that their dead

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Could China use bitcoin as a “financial weapon” against the U.S.?

The flag of China

Paypal co-founder Peter Thiel sounding an alarm on bitcoin speaking at a Nixon foundation event teal said quote “I do wonder whether if at this point bitcoin should also be thought of in part as a Chinese financial weapon against the U.S. It threatens fiat money, but it especially threatens the dollar.” He says he’s

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How U.S. companies have been dealing with the tensions between China and the U.S.

Nike store

The tensions are over the alleged human rights abuses in China’s far west region of Xinjiang, and with all of the calls to boycott brands like Nike and H&M, we decided to go down to a popular shopping district here in Beijing to see what’s going on. What we found was that H&M was really

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The post-pandemic pilot shortage in the aviation industry

Plane

A major milestone for U.S air travel – the TSA screened more than 1.5 million passengers on Sunday, the most in more than a year though still short of pre-pandemic levels. While demand is snapping back, a new study highlights a different problem for the aviation industry – a pilot shortage. Consulting firm Oliver Wyman

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Misclassification Errors of Unemployment Rate

Unemployment

On the first Friday of every month, the Bureau of Labor Statistics releases the most current unemployment numbers for the country, which are the number of unemployed divided by the number of people in the labor force. This is not to be confused with the weekly jobless claims number, which only considers the number of

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