Global Business

U.S. job market cools off in August
September 3, 2022

U.S. job market cools off in August

Total U.S. employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent. The figures signal that the U.S. central bank’s plan to solve the inflation crisis could be paying off.

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Urgent need for more EV charging stations in the U.S.
August 31, 2022

Urgent need for more EV charging stations in the U.S.

Trying to increase renewable energy, large investments are being made in the electric vehicle industry in the U.S. There are more than 45,000 charging stations across the country. But data from consumer research firm J.D. Power shows that’s not nearly enough.

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California faces extreme heat
August 23, 2022

California faces extreme heat

The heat waves have put plenty of stress on power grids in California. As CGTN’s Mark Niu reports, the Silicon Valley community has temporarily lost power at least five times in the past two months.

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Healthcare costs keep rising in the U.S.
August 3, 2022

Healthcare costs keep rising in the U.S.

Healthcare costs are one of the most hotly contested issues in the U.S. But despite the pandemic, they’ve been somewhat sidelined by the immediacy of the inflation crisis and its impact on rocketing fuel and food prices. As CGTN’s Owen Fairclough reports, they’re all contributing […]

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Federal Reserve hikes rate by 75 basis points
July 27, 2022

Federal Reserve hikes rate by 75 basis points

The U.S. central bank has raised benchmark interest rates by 75 basis points again, to try and tame soaring inflation. The Federal Reserve’s hike is designed to make credit more expensive, and so cool economic activity.

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July 26, 2022

Rising NYC rents

  The average cost of rent in parts of New York has hit record highs as demand continues to outweigh supply. The Covid-19 pandemic sparked an exodus from the city and slowed residential construction but people are flocking back to the city once again. And […]

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July 26, 2022

‘Gloomy and more uncertain’ GDP forecast

  The global economic climate became even bleaker this Tuesday after another dramatic revision in growth forecasts. The International Monetary Fund released another set of further downgraded predictions just months after a similar pessimistic assessment. And the numbers were released during a critical week for […]

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July 21, 2022

Leaders from Latin America meet for Mercosur Summit

Mercosur, an economic and political bloc that includes Argentina, Brazil, Paraguay, and Uruguay and a population of around 300 million, announced a new trade deal with Singapore, but it was the recent news from Montevideo that dominated this meeting.

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July 14, 2022

June inflation data shows a new surge in prices

U.S. President Joe Biden insists the June inflation data showing another surge in prices over the past month doesn’t reflect declining gasoline prices. Inflation is at a 40-year high and heading towards double digits. Owen Fairclough reports on price rises hitting just about every aspect […]

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July 13, 2022

Bolivia Electric Vehicles to tackle air pollution

By any standard, Bolivia’s city of Cochabamba ​is polluted. It has the dirtiest air in the country – and ranks among the most polluted ​cities in all of Latin America. So a transition away from fossil fuels there cannot come too soon. ​CGTN’s Monica Machicao […]

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July 13, 2022

The science behind cell-based meat gene editing

With brands like Impossible Foods and Beyond Burger, the global plant-based food market is forecast to be worth 79 billion dollars by 2028, but there’s another type of unconventional meat that could factor into the equation. It’s called cultivated meat. Mark Niu takes us to […]

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