MONDAY, JANUARY 8, 2024
Economy
Economy Averts One Woe, Faces Another
The U.S. economy is expected to experience growth without a recession in the upcoming year, but economists worry about the lack of significant improvement compared to pre-pandemic conditions and the potential for inflation to rise again.
MONDAY, JANUARY 8, 2024
Economy
Candle Factory Shows Limits of Automation
Alene Candles factory in Ohio struggles to automate the task of straightening wicks due to the physical precision required and the lack of available workers, highlighting the challenges faced by manufacturers in automating work amidst labor shortages.
TUESDAY, JANUARY 9, 2024
Business
Nearly a Fifth of Office Space Sits Vacant, Highest on Record
A record-breaking 19.6% of office space in major U.S. cities remains unleashed, reflecting overbuilding, shifting work habits, and the impact of the pandemic.
WEDNESDAY, JANUARY 10, 2024
Business
Companies Avoid Mentioning ESG, The Latest No-No
Business leaders are shifting away from using the acronym ESG (environmental, social, and governance) and employing alternative terms like "responsible business" to describe their corporate initiatives due to backlash and criticism.
WEDNESDAY, JANUARY 10, 2024
Energy
New England Faces a Possible Gas Crunch
The potential closure of a Massachusetts import facility raises concerns about New England's energy supplies, as the region heavily relies on imported liquefied natural gas (LNG) to meet winter demand, highlighting the challenges of transitioning from fossil fuels to renewable energy.
FRIDAY, JANUARY 12, 2024
Economy
Inflation Ticks Up After Cooling
Despite a decrease in inflation in 2023, prices rose by 3.4% in December 2023, indicating that inflation is still a concern, but the Federal Reserve is considering rate cuts later in the year.
SATURDAY/SUNDAY, JANUARY 13-14, 2024
Gas
Biden Faces Political Dilemma as LNG Surges
President Biden encounters opposition from climate activists and Democratic lawmakers as the U.S. becomes the leading exporter of liquefied natural gas, raising concerns about the environmental impact and local communities while trying to balance the demands of fossil-fuel supplies and the need to address climate change.
SATURDAY/SUNDAY, JANUARY 13-14, 2024
Business
New Gucci CEO Wants Older, Richer Customers
Gucci's new CEO aims to attract older, wealthier customers by rebranding the company with a more understated and upmarket approach, including reducing product range and shifting marketing strategies, while embracing classic designs and targeting higher price points.
SATURDAY/SUNDAY, JANUARY 13-14, 2024
Business
Remote Workers Are Losing Out on Promotions
Remote workers, particularly women, are experiencing fewer promotions and less mentorship compared to those working in offices, according to new data, highlighting the challenges and discrimination faced by remote workers.