In a joint appearance on Sean Hannity’s radio show on Wednesday, Sen. Jeff Sessions (R-AL) and Rep. Duncan Hunter (R-CA) warned against the passage of the so-called Trade Promotion Authority (TPA) currently being considered by the Congress. Sessions argued it
On Tuesday, the San Francisco Board of Supervisors unanimously passed three pieces of legislation attacking the sugar in soda drinks. One proposal from Supervisor Scott Wiener requires billboards, buses, transit shelters, posters and sports stadiums to sport warning labels on soda advertising. Another proposal from Supervisor Malia Cohen bars any advertising for soda on city property. A third proposal from Supervisor Eric Mar prevents the city from spending any money on soda.
The Silicon Valley Business Journal is reporting that “Elon Musk’s Tesla Motors is on track to win $15 million in new tax breaks as part of the final round of this year’s California Competes tax credit.” According to Governor Brown’s GO-Biz website, tax credits are awarded to businesses that come or stay and grow in California. With much of his $13.3 billion net worth coming from tax subsidies, Musk may celebrate his latest gift of “government cheese” from Reno, where Tesla’s highly-subsidized $5 billion giga-factory is being built.
If you want an idea of how the phone in your pocket and watch on your wrist is trying to change you, today’s Apple announcement is a great place to start.
The peculiar notion that American exceptionalism requires America to bow before international norms finds its apotheosis in the Obama administration’s current foreign policy.
Presidential hopeful Sen. Bernie Sanders (I-VT) said youth unemployment is a “national tragedy,” and “It is beyond comprehension that we, as a nation, have not focused attention on the fact that millions of young people are unable to find work and begin their careers in a productive economy.”
ZEROHEDGE: The biggest surprise came from Table 7, where the BLS reveals the number of “foreign born workers” used in the Household survey. In May, this number increased to 25.098 million, the second highest in history, a monthly jump of 279K.
The Blue Bottle Coffee, the Bay Area foodies’ favorite coffee house, merged with the Tartine Bakery and Café in April. Now, the combined artisan food company has raised $70 million in venture capital to be the “next big thing.”
California not only has the highest poverty rate in the U.S. at 23.4 percent, but that rate is now also higher than Greece, at 22.3 percent.
Gallup explains its poll results in terms of an “improving U.S. job market,” at a time when a record 93,194,000 Americans were not in the labor force in April, according to the Bureau of Labor Statistics (BLS). In addition, though Gallup shows a 3.5 percent decrease in the percentage of blacks struggling to afford food, data released Friday by the BLS shows that the unemployment rate for African Americans was nearly twice the national average, and more than double the unemployment rate for whites last month.
In this week’s GOP address, Rep. Pat Tiberi (R_OH) promoted the controversial Trade Promotion Authority, which he argued will lead to better trade agreements because, presently, President Barack Obama can negotiate secretly, more jobs and higher pay for workers in America.
The UCLA Anderson Forecast released on Friday predicts that California will help drive the nation’s economic recovery this year with an expected labor force growth of 128,000 new workers, or +2.1 percent. But Forecast’s Director Ed Leamer cautioned that while California payrolls reached a new high of 17.8 million jobs, the number is still running 16 percent behind states’ long-term trend. Leamer’s concluded, “We’re in a world of hurt.”
The former president of Trader Joe’s opened Daily Table as a non-profit grocery store in Boston’s “Southie” neighborhood of Dorchester. It offers high quality “sell-by date” and surplus food at huge discounts to help low-income grocery shoppers.
In an appearance on Fox Business Network’s “Coast to Coast” on Friday, U.S. Chamber of Commerce CEO Tom Donohue dismissed critics of the so-called fast-track Trade Promotion Authority and the Trans-Pacific Partnership trade deal, which is being promoted by some
The Environmental Protection Agency (EPA) released a long-postponed draft report Thursday on the impact of hydraulic fracturing (fracking). The regulators concluded that based upon “peer-reviewed studies as well as state and federal databases,” there is no evidence the practice has had a “widespread, systemic impact on drinking water.”
With the strike ban that was a pre-condition of the GM and Fiat Chrysler federal bailouts expiring, United Auto Workers (UAW) locals are collecting food and encouraging union members to save for a potential strike when the Big Three four-year labor agreement expires on September 14.
When you visit the website of the Spanish-language TV network Univision, the issue that the network solely covers, and in some cases promotes, is that of immigration.
Members of the House and the Senate delivered 2 million petitions to Congress, opposing the Trans-Pacific Partnership (TPP) and Trade Promotion Authority (TPA).
Shaking off a severe winter and West Coast port strike, the Labor Department is expected to report the economy added 220,000 jobs in May. That’s well below the 269,000 monthly average for 2104, and a strong dollar, revived productivity growth and shortage of qualified workers will slow jobs creation going forward.
After late-night talks in Berlin with global leaders, Greek Prime Minister Alexis Tsipras says that Greece has reached a “realistic” solution to the debt crisis ahead of Friday’s impending deadline.
The U.S. Energy Information Agency (EIA) reported that domestic crude oil productionfor the week ending May 22 surged by 304,000 barrels per day (bpd) to a 44-year high of almost 9.566 million bpd. The latest production numbers come on the heels of Breitbart News’ report that the Organization of Petroleum Exporting Countries (OPEC) had effectively conceded defeat in its battle against U.S. shale oil competition.
After announcing that the company was “technically bankrupt,” the new CEO of Malaysia Airlines has announced a major overhaul that will see the company cut 6,000 jobs and launch a publicity campaign aimed at getting customers to trust the airline once more following two of history’s greatest aviation disasters.
Prices for homes in the Bay Area have increased to the point where hi-tech workers are fleeing to the Pacific Northwest to find affordable housing, according to the real estate site Redfin. The median home price in the Bay Area has surpassed $1 million, and Redfin CEO Glenn Kelman told the San Francisco Chronicle that one-quarter of Bay Area searchers are checking areas elsewhere–a steep hike from the one-seventh of searchers looking elsewhere in 2011.
The California State Senate voted on party lines Monday to raise the minimum wage to $13 per hour by 2017–a 44% increase from where it stands today, at $9 per hour. Just two years ago, Gov. Jerry Brown signed a bill that increased the minimum from $8 per hour in 2013 to $10 per hour by 2016. The new bill, introduced by State Sen. Mark Leno (D-San Francisco) as a measure to reduce poverty and inequality, would amount to a staggering and unprecedented 62.5% increase in four years.
Monday in an interview with Yahoo News’ Katie Couric, Democratic presidential candidate Sen. Bernie Sanders (I-VT) said, “We need a political revolution, in my view, where people begin to stand up and fight.” Sanders said, “My view is that the
