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Factors Fueling Automation In IT

Friday December 15, 2017 comments

Factors Fueling Automation In IT

Automation is on the rise in IT shops, especially in the infrastructure and operations realm. Some automation discussions make it sound like a boogeyman automations coming to get you but that misses the point.Its important to understand and be able to articulate the why of automation. Automation enables teams to unlock the potential of modern technologies, methodologies, and ITs ongoing evolution from back-end support shop to business driver. Its not as much a trend as it is a necessity for todays development and... Read More


US Opposes China Market Economy Status At WTO

Friday December 1, 2017 comments

US Opposes China Market Economy Status At WTO

The United States has formally told the World Trade Organization (WTO) that it opposes granting China market economy status, a position that if upheld would allow Washington to maintain high anti-dumping duties on Chinese goods. The statement of opposition, made public on Thursday, was submitted as a third-party brief in support of the European Union in a dispute with China that could have major repercussions for the trade body's future. China is fighting the EU for recognition as a market economy, a designation that would... Read More


How Science Got A Golden Economic Ticket

Wednesday November 15, 2017 comments

How Science Got A Golden Economic Ticket

Any researcher whose eyes glaze over at the phrase 'national accounting' should heed this tale. In the years since the financial crisis of 2008, Britain's science budget has been protected. While libraries shut, children's services shrank and nurses and teachers saw real wages fall, science spending has held steady. Why? Because successive finance ministers have been persuaded that cutting science, unlike cuts to other forms of public spending, would jeopardize the nation's future economic growth. Notwithstanding the contested... Read More


More Jobs Safer From Automation Than Previously Believed

Wednesday November 1, 2017 comments

More Jobs Safer From Automation Than Previously Believed

We all want to know how many jobs will be threatened by the rise of robots and technology. You might feel vulnerable if your job is one that could be affected. But thanks to a new report , 27% of the 160 million people in the United States labor force can breathe easier knowing their jobs are safer than they thought. That's 43 million living, breathing and working people in America. By extension, that's three million Australians, nine million Brits and 27% of most advanced economy workforces. Their prospects have been re-rated in... Read More


Shortage Of Drivers May Weigh On Earnings Of Truckers

Monday October 16, 2017 comments

Shortage Of Drivers May Weigh On Earnings Of Truckers

Trucking companies are convincing shippers to pay more to move freight, but difficulty finding drivers could weigh on earnings. Analysts expect rising driver payand storm disruptionsto eat into what would otherwise be stronger third-quarterresults for truckload carriers. The freight market has picked up as manufacturing activity expands and retailers restock inventories in advance of the holiday season. For-hire truck tonnage jumped 8.2% in August compared with the same time in 2016, according to seasonally adjusted... Read More


Global Economic News

Monday October 2, 2017 comments

Global Economic News

Unemployment in the worlds biggest developed economies has been falling, at least since the end of the financial crisis. But wages, in the main, have not reacted as might be expected. They have generally either grown only modestly, or even fallen. Take, for example, resurgent Germany. Since 2012, the unemployment rate has tumbled to the lowest level since reunification. Wages and salaries have grown -- but only gradually and at nothing like a rate to imply pressure. It is even clearer in Japan, where unemployment... Read More


America’s Manufacturers And Builders Are On A Tear

Friday September 15, 2017 comments

America’s Manufacturers And Builders Are On A Tear

Americas manufacturers are showing signs of fabricating some genuine momentum. Toss in improvement among U.S. builders and miners and the U.S. is undergoing the blue-collar revival that President Donald Trump has been pushing. Gary Cohn, the top economic adviser at the White House, told CNBC that the country is seeing jobs being created in the sectors that need them. Manufacturing expanded in August at the fastest pace in more than six years, the Institute for Supply Management said Friday. The increase from the... Read More


U.S. Unemployment Rate Falls To 16-year Low

Friday September 1, 2017 comments

U.S. Unemployment Rate Falls To 16-year Low

The U.S. economy picked up steam during the second quarter, notching the fastest pace of growth in two years. During the first full quarter with President Trump in charge, economic growth hit 3%, according to revised estimates released by the government on Wednesday. That's the strongest growth since the first quarter of 2015. It's more than double the pace of the first three months of 2017 and better than original estimates for the second quarter. The government initially pegged second-quarter growth at 2.6% in July . ... Read More


China's Economy Cools In July

Tuesday August 15, 2017 comments

China's Economy Cools In July

China's economy appears to be cooling again with the latest broad batch of data appearing to retrace much of momentum gained in recent months. The key monthly figures released by the National Bureau of Statistics show industrial production, fixed asset investment and retail sales all slipped back in July and were all lower than expected. Capital Economics China economist Julian Evans-Pritchard noted both foreign and domestic demand appear to have softened at the start of third quarter. "A few sectors, such as steel,... Read More


U.S. Manufacturing Grows In July

Tuesday August 1, 2017 comments

U.S. Manufacturing Grows In July

American manufacturers tapped on the brakes lightly in July but were still expanding near the fastest pace in three years, a good sign for the broader U.S. economy. The Institute for Supply Management said its manufacturing index fell slightly to 56.3% last month after reaching a three-year high of 57.8% in June. Economists polled by MarketWatch expected a reading of 56.2%. Results above 50% indicate expansion and anything over 55% is seen as exceptional. Although new orders, production and plans for employment all... Read More





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