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A record 30% of the world's electricity came from renewable energy sources in 2023, and a global decline in fossil fuel use may follow.

A recent report from climate think tank Ember has revealed a record-setting 30% of the world’s electricity was generated from renewable energy sources in 2023. Experts said this milestone now sets the stage for a potential global decline in fossil fuel usage, with projections indicating that this shift could occur as early as 2024. “In…

Both Biden and Trump believe raising tariffs on China is a winning move, especially in battleground states. But is it good for everyone?

Regarding tariffs on Chinese goods, 2024 presidential candidates Joe Biden and Donald Trump are more in lockstep than not. Both candidates appear to believe raising tariffs on China is a winning issue in key battleground states. On Tuesday, May 14, President Biden announced additional tariffs on Chinese electric vehicles, solar cells, advanced batteries, and semiconductors.…

New polls show former President Trump leading President Biden in five key battleground states with less than six months until the election.

The 2024 presidential election is nearing and new polls show former President Donald Trump leading President Joe Biden in five of the six key battleground states. The polls — conducted by The New York Times, Siena College and The Philadelphia Inquirer from April 28 to May 9 — reveal that Trump is leading among registered…

As the presidential election looms, college students seem more focused on domestic matters related to the economy than foreign policy.

According to a recent Generation Lab poll aimed at understanding the issues college students are most focused on, health care reform, education funding, economic fairness, racial justice, civil rights, climate change and gun control are at the top of their lists. The conflict in the Middle East ranks last among their top concerns, trailing behind immigration…

Due to stubborn inflation, higher interest rates look more likely over the next few years instead of rate cuts this year.

At the start of 2024, the outlook for the U.S. economy was optimistic. Inflation was falling, unemployment was shrinking and the country was experiencing strong GDP growth. As 2024 progressed, that situation changed. Inflation proved stubborn, remaining above 3%, and economic output slowed down, making the Federal Reserve’s initial prediction for six rate cuts no…

If the low birth rate continues, eventually the U.S. economy could see a decline similar to the Germans and Koreans.

The latest CDC report on the U.S. birth rate reveals a decline in fertility rates, with 2023 seeing just 1.62 births per woman, marking the lowest level since data collection began in the 1930s. Births in the U.S. decreased for over a decade prior to the onset of COVID-19, and then experienced a 4% drop…

Putin pledges to fight for however long it takes, but is that a realistic pledge for a hamstrung Russian economy and a demoralized Russia?

With the United States Congress finally passing another major defensive aid package and France now threatening to send its own armed forces in to defend Ukraine, Russian President Vladimir Putin is promising his people that Russia is prepared to fight a long, protracted war for however long it takes. But how realistic is that promise?…

President Biden sparked controversy after calling Japan 'xenophobic' when it came to immigration. He lumped them alongside Russia, India and China in his critique.

President Joe Biden’s comments on Wednesday, May 1, are drawing criticism after lumping Japan with China and Russia, calling the group “xenophobic.” Speaking at a campaign fundraiser marking Asian American, Native Hawaiian and Pacific Islander Heritage Month, Biden credited the United States’ economic strength to immigrants, using these countries as contrast. In his comments, President…

A new poll reveals that 4/10 Americans view China as an enemy. The numbers are the highest the survey has seen in five years.

About 4 in 10 Americans now label China as an enemy, marking the highest level in five years, according to new research. A Pew Research Center survey published on Wednesday, May 1, revealed the significant shift in Americans’ attitude toward China. Additionally, only 6% of poll respondents said they consider China a partner. These findings…

Gen Z Americans cover capitalism, socialism, meritocracy and equality in this wide-ranging debate on U.S. economics, values and society.

Capitalism and socialism offer two different economic models, each with their own unique pros and cons. And while it is rare to find any modern economy that is either entirely capitalist or entirely socialist, citizens frequently use these terms to represent the general direction in which they believe the economy and society should progress. Similarly,…

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