Tag: Business
Positive-Sum Economics: How Empathy Drives Growth
Zero-sum thinking is outdated. The future of growth is inclusive, abundant and collective. Unsplash+ Our economic narrative has been hijacked by a dangerous falsehood: the notion that the economy is zero-sum. This belief that for one person to win, another must lose fundamentally contradicts the very concept of economic growth. If we truly lived in…
Positive-Sum Economics: How Empathy Drives Growth
Zero-sum thinking is outdated. The future of growth is inclusive, abundant and collective. Unsplash+ Our economic narrative has been hijacked by a dangerous falsehood: the notion that the economy is zero-sum. This belief that for one person to win, another must lose fundamentally contradicts the very concept of economic growth. If we truly lived in…
Asian shares are mixed and oil gains as world waits to see if US will join Israel’s war against Iran
MANILA, Philippines — Crude oil prices rose and Asian shares were trading mixed on Friday as investors awaited more clarity on whether or not the U.S. will join Israel’s war against Iran. U.S. futures edged lower after Wall Street was closed on Thursday for the Juneteenth holiday. U.S. benchmark crude oil added 15 cents to…
Sig Sauer, faced with lawsuits over a popular pistol, gets protection in New Hampshire
CONCORD, N.H. — Faced with mounting lawsuits over a popular pistol, New Hampshire-based Sig Sauer asked for — and got — protection in the form of a new state law that makes it harder to take the gunmaker to court. Supporters in the Republican-led Legislature said the law was needed to help a major employer….
Global shares decline as tensions simmer in the Middle East
TOKYO — Global shares retreated Thursday as worries persisted about conflict in the Middle East. On the seventh day of a conflict that began with a surprise wave of Israeli airstrikes targeting military sites, senior officers and nuclear scientists, Iranian state media reported that Iran’s foreign minister planned to meet with his European counterparts in…
Under a hot summer sun, South Carolina’s governor says energy law will keep air conditioners humming
COLUMBIA, S.C. — Under the hot South Carolina summer sun, Republican Gov. Henry McMaster held a ceremonial bill signing for a law he and other supporters said will make sure the rapidly growing state has the energy to run air conditioners and anything else well into the future. McMaster signed the bill into law more…
NAACP files intent to sue Elon Musk’s xAI company over supercomputer air pollution
MEMPHIS, Tenn. — The NAACP filed an intent to sue Elon Musk’s artificial intelligence company xAI on Tuesday over concerns about air pollution generated by a supercomputer located near predominantly Black communities. The xAI data center began operating gas turbines last year, emitting air pollution, without first applying for a permit under an exemption that…
Recent graduates facing ‘deteriorated’ labor market as unemployment reaches highest level in years
Recent college graduates are aggressively hunting for their first job, but they are facing one significant problem: the labor market is deteriorating. Economic research from the Federal Reserve Bank of New York indicated the labor market “deteriorated noticeably” in the first quarter of 2025, with those just entering the workforce taking the hardest hits. The Labor…
Senate expected to pass crypto bill without addressing Trump’s investments
WASHINGTON — The Senate is expected to approve legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what is expected to be a wave of crypto legislation from Congress that the industry hopes will bolster its legitimacy and reassure consumers. The fast-moving legislation, which will be sent to the…
Asian shares are mixed and oil prices advance as Israel-Iran crisis escalates
HONG KONG — Asian shares were mixed on Monday and oil prices extended gains on worries that escalating Iran-Israel tensions could disrupt the flow of crude around the world. U.S. benchmark crude oil added 20 cents to $73.18 per barrel. Brent crude, the international standard, gained 95 cents to $75.18 per barrel. In share trading,…