The U.S. and China together account for one-third of global economic output, so there is a lot at stake as President Donald Trump meets with his Chinese counterpart Xi Jinping, not least the fate of the world economy over the next few years.
America’s manufacturing heyday is gone, and so are millions of jobs, lost to modernization. Despite what Treasury Secretary Steven Mnuchin might think, the National Bureau of Economic Research and Silicon Valley executives, among many others, know it’s already happening. And a new report from PwC estimates that 38 percent of American jobs are at “high risk” of being replaced by technology within the next 15 years.
One hundred and fifty years ago, on March 30, 1867, U.S. Secretary of State William H. Seward and Russian envoy Baron Edouard de Stoeckl signed the Treaty of Cession. With a stroke of a pen, Tsar Alexander II had ceded Alaska, his country’s last remaining foothold in North America, to the United States for US$7.2 million.
Once again, Equal Pay Day is approaching. Never heard of it? If you’re a working woman or someone who cares about the working women in your life, you need to study up.