The country now generates more of its electricity from renewables THOMAS EDISON may be best remembered for his incandescent light bulb, but the American inventor also opened the world’s first coal-fired generator, the Edison Electric Light Station, in London in 1882. Though the project was short-lived—the plant was shut less …
Two decades after Seattle, it has failed to deliver on its promises. Twenty years ago this weekend, 50,000 people converged on Seattle to protest the World Trade Organization, which was holding a ministerial-level meeting in the city, and a plan championed by the world’s largest corporations to increase the organization’s …
The shale oil boom that catapulted the U.S. into the world’s largest oil producer may be going bust. As oil prices drop amid weakening demand, bankruptcies and layoffs are up and drilling is down, signs of a crisis that’s quietly roiling the industry. Some of the most successful companies in …
While almost everyone in Washington is glued to impeachment developments, Europe has been quietly drifting toward a recession. This is bad news for Christine Lagarde, the former head of the International Monetary Fund, who is now the president of the European Central Bank (ECB). It may also be bad news for the …
44% of 18-64 year-olds earn less than two-thirds median pay Brookings: 52% chance lowest earners stay in same pay bracket Unemployment is hovering near a five-decade low, workforce participation is at the highest level in six years and Federal Reserve Chairman Jerome Powell recently called the labor market “strong.” Yet, …
Who’s out of touch with reality, again? Will the Democratic presidential nomination go to a centrist or a progressive? Which choice would give the party the best chance in next year’s election? Honestly, I have no idea. One thing I can say, however, is that neither centrism nor progressivism is …
Workers at Microsoft Japan enjoyed an enviable perk this summer: working four days a week, enjoying a three-day weekend — and getting their normal, five-day paycheck. The result, the company says, was a productivity boost of 40%. Microsoft Japan says it became more efficient in several areas, including lower electricity costs, …
HOUSTON — A surge of oil production is coming, whether the world needs it or not. The flood of crude will arrive even as concerns about climate change are growing and worldwide oil demand is slowing. And it is not coming from the usual producers, but from Brazil, Canada, Norway …
Her plan is serious, even if it probably won’t happen. Last week I worried that Elizabeth Warren had painted herself into a corner by endorsing the Sanders Medicare-for-all plan. It was becoming obvious that she couldn’t stay vague about the details, especially how to pay for it; and some studies, even by …
The heartland endures another mini-recession. When Donald Trump promised to Make America Great Again, his slogan meant different things to different people. For many supporters it meant restoring the political and social dominance of white people, white men in particular. For others, however, it meant restoring the kind of economy …
Women at the wheel get bigger tips than men do WORKING OUT how much to tip in America is never easy. Bartenders, it is said, should be tipped $1 a drink, the equivalent of 10% for a $10 cocktail. Waiters, meanwhile, apparently deserve 15-20%. Such questions of tipping etiquette are …
