Economy

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Indigenous Nations Plan Tariff-Free Trade Corridor Across US-Canada border

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This story was originally published by Canada’s National Observer and is reproduced here as part of the Climate Desk collaboration. Just west of Fort Qu’Appelle in Saskatchewan, the Standing Buffalo Dakota Nation is working across the US border to revive centuries-old trade routes as part of a new Indigenous-governed trade corridor.  Trucks from the First Nation could soon be […]

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Sam Bankman-Fried and the Multibillion-Dollar Drama Over FTX’s Ruins

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Sam Bankman-Fried nervously sheds his dark brown prison jumpsuit to reveal athletic shorts and a loose-fitting gray T-shirt. “There’s this extremely dumb cat and mouse game where, for reasons no one has ever bothered to articulate, between the hours of like 6 a.m. and 3 p.m. on weekdays, the only clothing we’re allowed to wear […]

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The Government Shutdown Means No Jobs Data—Conveniently for Trump

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One of the many casualties of the government shutdown is the critical jobs report administered by the Bureau of Labor Statistics (BLS)—and much maligned by President Donald Trump—which economists say is especially needed in light of predictions that the US could soon enter a recession. The BLS data, which features estimates of employment and earnings […]

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How a Warming Planet Has Made Home Insurance Increasingly Unaffordable

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This story was originally published by Yale e360 and is reproduced here as part of the Climate Desk collaboration. For decades, Sanibel Island, one of the most treasured vacation resorts in America, was an insurance agent’s dream. Year after year, the 5,000-odd residents of the barrier island on Florida’s Gulf Coast wrote checks for their home and flood […]

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New Hampshire and Vermont Could be Next to Introduce “Balcony Solar”

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This story was originally published by Canary Media and is reproduced here as part of the Climate Desk collaboration. Small solar-panel kits that can be assembled as easily as an Ikea bookcase and plugged into a regular residential outlet could be coming soon to New Hampshire and Vermont. Lawmakers and advocates in both states are preparing legislation that would […]

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How America’s Elite Colleges Breed High-Status Careers—and Misery

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To say that Justin Portela never imagined himself as a highly paid business consultant at McKinsey & Company would be an understatement. He didn’t have a privileged upbringing, to put it mildly, and in 2018, when he first walked onto the Stanford University campus, Portela, like most incoming freshmen, was unaware such careers even existed. […]

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Study Links Oil Giants’ Emissions Directly to Dozens of Deadly Heatwaves

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This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Carbon emissions from the world’s biggest fossil fuel companies have been directly linked to dozens of deadly heatwaves for the first time, according to a new analysis. The research has been hailed as a “leap forward” in the legal battle […]

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The Cruel Catch-22 of Cash Aid

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The Covid-19 pandemic’s stimulus checks and tax credits helped mainstream the idea that government could help unwealthy people through hard times by simply giving them cash—without conditions like work requirements or stringent income limits. Since then, the push for guaranteed income for the poorest Americans, for whom wage stagnation, inequality, and the disappearance of blue-collar […]

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Let’s Review Trump’s Week of Massive Legal Losses, Shall We?

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It was a week of so much losing. Over the past week, President Donald Trump and his authoritarian agenda have sustained one loss after another in the courts. Putting all of them together reveals a stunning legal rebuke, and unsurprisingly, Trump World has been erupting with anger and petulance. Let’s review: On top of all […]

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Americans Continue to Really Dislike Trump and the Things He Does

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NBC is out with a new poll this morning showing Americans continue to dislike Trump and the things he’s doing—including the things he said he was really good at, like fixing the economy. Respondents to the NBC News Decision Desk Poll reported weak approval across a range of signature issues, including tariffs, and mass deportations, […]

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