Author: prosperplanetpulse.com

Continuing applications for unemployment benefits hit the highest level since November 2021 last week, further signs of a cooling labor market as unemployed people struggle to find new work.Nearly 1.84 million jobless claims were filed in the week ending June 22, up from 1.82 million the previous week, according to the latest data from the Labor Department. Meanwhile, the four-week moving average of weekly jobless claims rose by 3,000 to 236,000, the highest level since September 2023.Jeffrey Roach, chief economist at LPL Financial, argued that the data “sends a warning that the labor market may be softening.”A key question for…

These 10 data storage startups are tackling disaster recovery and archiving, data protection, and fast, secure file sharing, plus lowering the cost and improving performance of cloud-based tape libraries. The data storage industry is in the midst of a major transition from on-premise infrastructure to the cloud. For example, research firm IDC reported in late October that spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, rose 7.9% year over year to $24.6 billion in the second quarter of 2023, while spending on non-cloud infrastructure fell 8.3% to $14.4 billion. In fact, according…

FAIRBURN, Ga. — On the eve of the first presidential debate, two of the most prominent black Republicans in Congress gathered in a heavily Democratic suburb of Atlanta to mobilize black male voters and make the case for why they should consider voting Republican.The two-hour debate drew a crowd of nearly 100 people, mostly black men, who gathered at a local cigar lounge Wednesday night to sip cocktails and smoke cigars. listen Reps. Wesley Hunt (R-Texas) and Byron Donald (R-Fla.) took positions on everything from immigration and school choice to the future of black families and black conservatism.The event, titled…

Boston, June 27, 2024 Manulife Investment Management (Manulife IM) announced that it has entered into a strategic partnership with Foundry Commercial to acquire, develop and lease industrial outdoor storage (IOS) sites in key infill industrial markets throughout the Southeast. Atlanta, Nashville, Dallas-Fort Worthand JacksonvilleThree sites have already been constructed and acquired directly by Manulife IM, while the remaining sites will be developed in partnership with Foundry. “Our investment in IOS is part of a larger alternatives strategy to invest in the industrial and residential related sectors where there are significant tailwinds. Partnering with Foundry was a logical choice given their…

Former President Donald Trump has criticized Biden’s renewable energy policies, which experts say could jeopardize $488 billion in U.S. manufacturing investment and unintentionally benefit China.Lisa Friedman reports The New York Times.in short:Trump has denounced Biden’s renewable energy policies as a ploy to enrich China, given that the country controls many of the components needed for green technology.Experts say repealing these policies would hurt U.S. manufacturing and give China an edge in clean energy technology.The Inflation Control Act has spurred $488 billion in U.S. investment and created significant job growth in the renewable energy sector.Important Quotes:”If the US were to choose…

Sports network ESPN is offering its first sports tours under its new ESPN Experiences brand. The five-date “Take Me Out to the Ballgame” tour is themed around Major League Baseball and aims to give fans the best experience at ballparks in Boston, Philadelphia and New York. The tours will run Labor Day weekend, August 29th through September 2nd. Guests will watch the Blue Jays vs. Red Sox from the Green Monster seats at Fenway Park in Boston, the Cardinals vs. Yankees from a suite at Yankee Stadium in New York and the Braves vs. Phillies from a suite at Citizens…

Six episodes in six days! The six-part documentary series “Start it Up” will premiere on YouTube on June 28thAlexandria, Virginia, June 27, 2024 June 28th, 2020 /PRNewswire/ — The Entrepreneurship Organization (EO) is proud to announce the June 28 premiere of the third season of “Start it Up,” a series that follows student entrepreneurs as they compete for global recognition and awards. 12pm ET (E.T.), 6 pm Launching at Central European Summer Time (CEST) on GSEA’s YouTube channel, “Start it Up” is a six-part documentary series produced by EO that travels the globe to shine a spotlight on the world’s…

Investing in Chinese stocks is a very polarizing topic. Some investors consider Chinese stocks a must-have for their portfolios due to their large size relative to other emerging market economies. Others consider them unsuitable for investment due to various geopolitical or ideological concerns that may affect their future growth. Both arguments boil down to emotional decisions that are heavily influenced by loud news headlines.Setting emotions aside, it is hard to deny that China is deeply intertwined in the global economy. According to the International Monetary Fund, China continues to boast the second-largest gross domestic product (GDP) in the world after…

As disinformation and misinformation become primary tools of global conflict, democracies must decide when and how to influence populations abroad. Influence campaigns are undoubtedly necessary, but how to conduct them in accordance with democratic values ​​is unclear.The Pentagon has provided a good lesson in what not to do: its covert disinformation campaign against Chinese-made coronavirus vaccines in 2020 and 2021, uncovered by a Reuters investigation, was a grave mistake.Reuters reporters Chris Bing and Joel Shechtman reported on June 14 that the Pentagon operation targeted the Philippines and “aimed to sow doubt about the safety and effectiveness of vaccines and other…

National Safety Council Releases New Report on Tech Solutions that Prevent Worker Injuries and Save Lives Following its first survey in 2020, Work to Zero will re-examine the key hazards in the workplace and how risks can be mitigated by implementing innovative technologies. WASHINGTON , June 27, 2024 /PRNewswire/ — According to the U.S. Bureau of Labor Statistics, a worker will die every 96 minutes in the United States in 2022, resulting in approximately 5,500 fatal workplace injuries. Unfortunately, this represents an increase of approximately 6% from 2021 and a 3% increase from pre-COVID-19 pandemic levels in 2019. To reverse…