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Raising the Minimum Wage Leads to Job Cuts, Accelerates Automation

Commentary Proponents of a higher minimum wage believe it would reduce poverty, while economists believe it would reduce .

United statesWhite houseDistrict of columbiaSan franciscoAntonio graceffoWhite castleJoe bidenUniversity of californiaFederal reserve bankShanghai jiaotong universityShanghai university of sportPresident joe bidenInflation reductionWage actTimes photoBernie sanders

The CCP Sees Gorbachev as the One Who Has Destroyed Russia s Communist Regime

Commentary Global leaders have sent messages of support and sadness with the passing of former USSR leader (1985-1991) .

United kingdomTiananmen squareDeng xiaopingAntonio graceffoMao zedongMikhail gorbachevMargaret thatcherRonald reaganParty of chinaShanghai jiaotong universityChinese communist partyShanghai university of sportBritish prime minister margaret thatcherSoviet unionTiananmen square massacreTimes photo

The Chinese Economy and Global Oil Prices

News Analysis The global oil price outlook depends on the Chinese economy, the Iran nuclear deal, and the .

United statesSaudi arabiaAntonio graceffoDan wangInternational monetary fundInternational energy agencyGoldman sachsShanghai jiaotong universityChinese communist partyHang seng bankShanghai university of sportTimes photoMenomonie fallsShanghai universityShanghai jiaotongGlobal economic

Paradigm Shift in the US Labor Market

Commentary The working paradigm in America seems to be shifting as unemployment and staff shortages exist alongside workers .

United statesAntonio graceffoAdam smithBureau of labor statisticsShanghai jiaotong universityPew researchShanghai university of sportLabor statisticsShanghai universityShanghai jiaotongGlobal economicShort courseChinese economyGig workersLabor marketThe epoch times

China s Economy Is on the Ropes

News Analysis Standard Chartered, Goldman Sachs, and Nomura have all cut their China GDP growth outlooks as the .

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