Tag: Op-Ed
Despite rosy jobs data, danger of recession lingers
Don’t be overly fooled by seemingly rosy jobs data issued recently.
Yes, the U.S. economy added 187,000 jobs in August 2023 – faster than the...
Downgrade of U.S. credit rating shouldn’t be downplayed
The formerly pristine reputation of the U.S. government’s debt lost a little more luster after a prominent rating agency demoted Uncle Sam from its...
Banking ‘reforms’ have widened the wealth gap
Harsh banking sector regulations imposed a decade ago were touted as a means to both make the system safer and to “democratize capital” by...
McKee: R.I.’s economic driving force is small business
Our small businesses play a crucial role in fostering innovation, job creation and community identity here in the Ocean State. Rhode Island’s small businesses...
Blame capitalism for this prescription drug problem?
Past public ire over high drug prices has recently taken a back seat to a more insidious problem – no drugs at any price.
Patients...
Avoiding the costliest strike in U.S. history
The International Brotherhood of Teamsters union and UPS have agreed on a new five-year contract that boosts wages and guarantees more air conditioning in...
Restaurant industry proves resiliency as it rebuilds
Like countless other industries, the restaurant industry has been completely redefined by the COVID-19 pandemic. Restaurant owners felt optimistic about the post-COVID world but...
Danger of AI might not be what you think
The rise of artificial intelligence systems has been accompanied by a sharp increase in anxiety about AI. For the past few months, executives and...
Some banks falter, but not special-needs trusts
Recent bank failures have caused many individuals and organizations to worry about the security of their funds held in banks. Many retirees and others...
The Fed’s epic fight against inflation is likely over
The Federal Reserve’s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their...