Economy

California still leads US in new business formation — but growth cools – Orange County Register

California still leads US in new business formation — but growth cools – Orange County Register

“Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data. Buzz: California still leads the nation in new business formation, but growth in creation vs. pre-pandemic badly trailing the nation. Source: My trusty spreadsheet’s review of the Census Bureau’s …

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Switzerland could align with EU energy saving drive, energy minister says

Switzerland could align with EU energy saving drive, energy minister says

Swiss Environment, Energy and Transport Minister Simonetta Sommaruga addresses a session of the Swiss federal parliament at the Bundeshaus in Bern, Switzerland May 2, 2022. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register ZURICH, Aug 14 (Reuters) – Switzerland could prevent an energy shortage by aligning with a European Union plan to …

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Liz Truss’s economic plan is ruinous nonsense with no reference to reality | Will Hutton

Liz Truss has observed the dynamics of today’s Tory party – and the media and thinktank ecosystem that supports it – as a minister under three prime ministers. It is the Brexit right’s Taliban-like belief in the righteousness of its cause that drives the party. To win, she has resolved to be its uncompromising representative, …

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Knox Pride event helps people find quality clothes for free amid high inflation

Knox Pride event helps people find quality clothes for free amid high inflation

The “Out of the Closet” event takes place four times a year. Knoxville, Tenn. — With inflation being near the highest it has been in 40 years, one local organization is helping bring some relief to East Tennessee people. Four times a year, the doors at Knox Pride’s clothing closet are open for everybody in …

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Britain's Tax Havens Are Luring in Crypto Investors

Britain’s Tax Havens Are Luring in Crypto Investors

UK tax haven islands Jersey and Guernsey are stepping up their efforts to attract crypto and blockchain investors. They’re competing with territories like Bermuda and the Cayman Islands by offering favorable tax regulations. Crypto prices have plummeted this year and investors are pickier about where they put their money. Loading Something is loading. As the …

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Gaming industry facing setbacks as looming recession weighs on consumers

Gaming industry facing setbacks as looming recession weighs on consumers

Stock market experts Victoria Greene and Scott Martin provide insight on the bear market rally and the state of the US economy on ‘Making Money.’ The gaming industry, long thought to be recession-proof, is seeing revenue drops as consumers weigh discretionary purchases amid the rising cost of living. Nvidia, which manufactures graphics processing units (GPUs), …

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renewables: Countdown to 2047: How a new energy mix could turbocharge India growth story

renewables: Countdown to 2047: How a new energy mix could turbocharge India growth story

A quarter of a century from now, Indians will be drawing their fuel and power differently. And, at the root of this change will be the array of alternative fuels India is investing in, while walking the tightrope on economic growth along with stemming emissions. The ubiquity and dominance of fossil fuels will be reduced …

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What experts say to do before, during and after filing for bankruptcy

What experts say to do before, during and after filing for bankruptcy

Personal bankruptcy filings have fallen dramatically since the beginning of the coronavirus pandemic, but with interest rates rising and government relief waning, filing numbers will likely pick up through this year, say experts. “I’ve had more calls in the last few weeks than the previous six months,” said Charles Juntikka, a New York-based lawyer who …

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Saudi Arabia's Kingdom Holding invests in Russian energy companies

Saudi Arabia’s Kingdom Holding invests in Russian energy companies

Aug 14 (Reuters) – Saudi Arabia’s Kingdom Holding (4280.SE) invested in Russian energy groups Gazprom (GAZP.MM), Rosneft (ROSN.MM) and Lukoil (LKOH.MM) between Feb. 22 and March 22, it said on Twitter on Sunday. Many Western nations have imposed sanctions on Russian energy firms and their executives following Russia’s invasion of Ukraine on Feb. 24. The …

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