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The comedian Vic Reeves said that 88.2% of statistics are made up on the spot.
A colorized engraving depicts enslavers selling enslaved people in the 19th-century South.
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Human bondage was big business in the antebellum US, and men weren’t the only ones cashing in.
Warm water expands, raising sea levels, which worsens storm surge during hurricanes. It’s only one risk from warming oceans.
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Global ocean temperatures have been at record highs almost daily for over a year, and economies are feeling the heat.
Not even online shopping is free from gender bias.
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Not even online shopping is free from gender bias.
What happens when there’s no middle ground?
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Government dysfunction has created a policy void in the US, and business leaders are increasingly being called upon to fill it.
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Forty years of the neoliberal experiment have created a world of vast and increasing inequality. But this can and should change.
Big government fans.
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The founders saw a need for government to intervene in markets.
In 2022, passengers at Ronald Reagan Washington National Airport left behind $29,320.40 at security checkpoints.
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Air travelers left nearly $1 million behind at TSA checkpoints in 2023.
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Both should work hand in hand to ensure the best outcomes for the economy as a whole. But they operate quite differently.
Hundreds of BYD vehicles wait at a port in Suzhou, China, to ship out.
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The early timing of Biden’s move, changing supply chains and national security fears suggest the tariffs might work this time, at least for a while.
Headline inflation is cooling, too.
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Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.
Months before winter arrives, traders are watching for clues in the long-range weather forecasts.
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Option price swings show how much traders believe seasonal climate and weather matters for all sorts of industries, not just the ones you might expect.
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Which departments are the biggest winners and losers in this year’s budget? We’ve broken the budget documents down to show you where the money’s going - and where it isn’t.
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The treasurer has juggled the economics and the politics by going big on spending while keeping a firm eye on inflation.
Mick Tsikas/AAP
If the Reserve Bank is genuinely prepared to cut interest rates as inflation moves back towards its target, we can expect a rate cut within the year.
Wes Mountain/The Conversation
A $300 energy rebate and an increase in rent assistance headline Treasurer Jim Chalmers’ third budget.
Mick Tsikas/AAP
This budget contains not only foreshadowed tax cuts, but a range of new spending measures in health, education, infrastructure and aged care.
Federal Reserve Chair Jerome Powell speaks to reporters on May 1, 2024.
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The Federal Reserve doesn’t appear eager to cut rates.
Just how ‘open’ is the U.S. after all?
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As of 2022, only Nigeria and Sudan had lower trade-to-GDP ratios.
Service sector jobs have unique risks.
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Conservatively speaking, workplace violence costs hundreds of millions of dollars each year.