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MSNBC The Last Word With Lawrence ODonnell June 4, 2024 02:38:00

Europe. we ve got remarkably low unemployment. we ve got wages continuing to increase. where are we right now in this economy? i think what you just described is an important place to start which is this virtuous cycle of a tight labor market generating employment, employment generating wage growth, and that helping to spur, to fuel consumer spending. i noticed you mentioned retail sales from this week. that came in well ahead of expectations. and look, consumer spending in this country is close to 70% of gdp. and europe it s more like 55%. so with the american consumer has a strong labor market behind her, that virtuous cycle, that flywheel of gdp, is going to deliver. you mention inflation, which has, of course, been elevated. it actually is growing considerably less quickly here than in europe at this point, but probably more importantly it is down about five points from its peak, so it s slow down a great deal here. ....

Consumer Spending , Labor Market Generating Employment , Employment Generating Wage Growth , Labor Market , Down On Goods Inflation ,

MSNBC The Last Word With Lawrence ODonnell June 4, 2024 05:39:00

Has a strong labor market behind her, that virtuous cycle, that flywheel of gdp, is going to deliver. you mention inflation, which has, of course, been elevated. it actually is growing considerably less quickly here than in europe at this point, but probably more importantly it is down about five points from its peak, so it s slow down a great deal here. so now we are actually seeing some real wage gains, wages outpacing inflation. that helps that virtuous cycle move along as well. let s have a small in very accessible economics discussion right now. obviously if wage gains outpace inflation, people are doing okay, because you re not losing money. but the dead has a target for inflation, a target a lot of people think is unusually low, the much of the world has gone to a slightly higher higher target, we should be okay with inflation, it s a little higher than what the fed wants it to be. but you can t change the rules in the middle of the game. we are at four and change ....

Down On Goods Inflation , Labor Market , Wage Gains , Economics Discussion ,

Utah startup offers novel energy-storage system that relies on spinning a heavy steel wheel

Torus, a Utah-based startup, is selling a mechanical alternative to lithium batteries. It's a large flywheel that can spin for days and generate electricity. ....

United States , Daniel Eichner , Rohini Ramegowda , Nate Walkingshaw , Lyle Mcmillan , Innovation Lab , Utah Department Of Transportation , Salt Lake Tribune , Dimple Dell Park , California Based Amber Kinetics , Tanner Labs , Chief Experience , Build Successful Teams , Utah Department , Energy Storage , Solar Power ,

Upekkha Accelerator Program, Admissions Open - Navigating Market Adversities

Upekkha’s Accelerator Program and option-friendly Fund helps founders skyrocket their business 2X or 3X within a short duration and scale in a sustainable, profitable, and capital-efficient way while staying in full control of their startup journey. ....

Priyanka Bansal , Jason Lemkin , Prasanna Krishnamoorthy , Value Saas , Microsoft Accelerator , Project Manager , Microsoft Ventures , Pekkha Accelerator Program , B2b Saas , Rr Goalposts , Value Saas , Jason Lemkin , Alue Saas Fever , Riyanka Bansal Of Edtech , Rr Goals , Prasanna Krishnamoorthy , Microsoft Accelerator , B2b Startups , Microsoft Ventures ,

Renewable energy: what China is doing on solar and wind power storage to secure supply amid weather challenges

The role of energy storage facilities will become more crucial as climate actions challenge efforts to harness clean power from wind and solar farms. ....

Energy Storage , Climate Change , Global Warming , Renewable Energy , Carbon Reduction , Compressed Air , Lithium Ion Batteries , Pumped Storage , Sodium Ion ,