Janet Yellen, the chair of the Federal Reserve, is caught between Donald Trump and a hard place. By most accounts, Trump is an “easy money” guy who would prefer to keep today’s low interest rates to boost job creation.
Janet Yellen, presidenta de la Reserva Federal, está entre Donald Trump y la pared. Según la mayoría de las versiones, Trump se inclina por el “dinero fácil” y prefiere mantener las tasas de interés bajas de la actualidad para fomentar la creación de puestos de trabajo.
This is not your father’s inflation -- and that’s good news. Business cycles often end when higher inflation causes a country’s central bank (the Federal Reserve in the United States) to raise interest rates, slowing the economy and, perhaps, triggering a recession. The good news: The next recession may be delayed, because the Phillips Curve has shifted.
Ésta no es una inflación habitual—lo que es una buena noticia. Los ciclos económicos a menudo se acaban cuando, debido a una inflación elevada, el banco central de un país (la Reserva Federal en Estados Unidos) eleva las tasas de interés, ralentizando la economía y, quizás, desencadenando una recesión. La buena noticia es que la próxima recesión quizás se retrase, porque la Curva Phillips se modificó.
Antonio Battaglia decided to roll out a new kind of toilet paper under the slogan “Suavidad sin fronteras”, "Smoothness without Borders", to rise public consciousness toward the situation of illegal immigrants in the US.
The story of education in lower income neighborhoods is an all too familiar one. The struggle to obtain a stable education is a story of overcoming conditions that are less than favorable, much like the swamp plant. What is causing these students, especially Latinos, to fall behind? How can they grow from these meager and impoverished conditions?
Last year at this time, Donald Trump loomed over a taco bowl at Trump Tower and tweeted out the message: “Happy #CincoDeMayo! The best taco bowls are made in Trump Tower Grill. I love Hispanics!”
The Hispanic immigrant community has played a fundamental role in the growth of the city in the last decade. In the streets it is more and more common to hear conversations held in Spanish. However, it seems that this important trend is not reflected in universities. Why? A general crisis in the study of the humanities would be the answer. AL DÍA News spoke with professors from three of the most prominent universities in the city.
Climate change is making floods more common and as the New Jersey resort braces for the next Sandy, the well-heeled Florida city is throwing money at the problem, reported The Guardian.
Toward the end of 1942, Winston Churchill, in announcing a rare victory over the German army, uttered one of his more memorable phrases: “This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” The same might be said today of the American economic recovery. Progress, though real, is incomplete.