Americans’ declining economic mobility is reflected yet again in fewer moves into new houses and apartments

Despite a long recovery and record streak of job growth, the share of Americans moving to a new location continued a steady decline in 2017, reaching a new post-World War II low, an indicator of a less mobile workforce that reflects both an aging society and economic problems facing younger workers. The decline marked the fifth… Please follow and like us:

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High Concentrations Of Rare Earth Elements Found In American Coal Basins

WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) has found high rare earth element (REE) concentrations in coal samples taken from the Illinois, Northern Appalachian, Central Appalachian, Rocky Mountain Coal Basins, and the Pennsylvania Anthracite region. These highly concentrated samples are greater than 300 parts per million (ppm). “Rare Earth… Please follow and like us:

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Central bankers bet weak inflation won’t last forever

The European Central Bank expects a pickup in inflation even though wages have remained weak during the current economic recovery, its vice president, Vitor Constancio, said Sunday. Constancio was joined in Washington by other central bank leaders, who likewise said they expected inflation to rise at some point despite its perplexing weakness across advanced economies. “The… Please follow and like us:

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As Fed ‘returns to normal,’ is the risk of recession rising?: Experts react

By Sheila Tschinkel, Visiting Faculty in Economics, Emory University and William D Lastrapes, Professor of Economics, University of Georgia. Fed Chair Janet Yellen speaks at a press conference following the rate-hike decision. AP Photo/Susan Walsh Editor’s note: The Federal Reserve’s policy-setting committee raised its benchmark interest rate by a quarter point to a range of 1… Please follow and like us:

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