America’s young people just aren’t buying cars like they used to.
The share of new cars purchased by those aged 18-34 dropped 30% in the last five years, Keep reading →
The floor of the New York Mercantile Exchange in lower Manhattan is one of the rare places the complex interplay between the ‘real’ economy of infrastructure and goods and the financial economy of data sets and dizzying amounts of money can be seen in action.
In an increasingly computerized trading world, floor traders at Nymex, since 2008 part of the globe-spanning exchange powerhouse CME Group, are an increasingly rare breed involved in an increasingly unusual occupation. But for pure dramatic representation of the financial economy at work, nothing conveys the reach and reality of the trading universe like a busy pit moving contracts in real commodities. Keep reading →
Gen. Clark told delegates at PV America West in San Jose yesterday that the solar industry could play a pivotal role in kick-starting the US economy. Keep reading →
Will Rush Limbaugh save the solar industry?
Looks that way for Toni Lynch in Allentown, Pennsylvania. And Spiro Basho in Hicksville, New York. Keep reading →
The second installment of the House Energy & Commerce Committee Jobs and Innovation Forum was convened to discuss the “natural gas revolution.”
The mostly Republican US Congressional Representatives truck a broadly enthusiastic tone about the economic potential of shale gas, with an emphasis from some speakers on safe operations and regulated drill operations. Six energy expert guests were invited to the discussion and mostly agreed that “fracking” has become a bumper sticker for natural gas opponents that does not actually relate to the risks and benefits of shale gas. Keep reading →