Tackling COVID-19, avoiding lockdowns, and aiming for a recovery based on economic growth were among the priorities laid out in the Ontario government’s throne speech on Oct. 4. Read by Lt.-Gov. Elizabeth Dowdeswell, the speech kicked off the fall session of the 42nd Parliament of Ontario. It is the first throne speech in over three…
Ontario Throne Speech: Province Entering ‘New Phase’ in Pandemic, Will Aim to Avoid Lockdowns
6 Ways to Protect Yourself From Cyber Theft
October is Cybersecurity Awareness Month, and this year marks an especially vulnerable time for consumers. The COVID-19 pandemic has brought with it a surge in cybercrime, according to Matt Donahue, a compliance and risk analyst at Sentient Digital, Inc., a technology solutions and IT managed services provider with offices in New Orleans and Norfolk. “Despite…
Fumio Kishida Set to Be Japan’s Next Prime Minister After Winning Liberal Democratic Party Election
September 29, 2021
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Fumio Kishida is set to become the next prime minister of Japan after he was elected leader of the country’s ruling Liberal Democratic Party (LDP) on Wednesday. The 64-year-old, who is Japan’s former foreign minister, beat the country’s Minister for Administrative and Regulatory Reform and Vaccination Rollout, Taro Kono, securing 257 votes to 170. Two female contenders, Sanae Takaichi,…
Fed Chairman Jerome Powell to Tell Congress Inflation ‘Likely to Stay Elevated Over Next Few Months’
September 28, 2021
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Business & EconomyCOVID-19 pandemicEconomieseconomyFederal Reserveinflationjerome powellMarketsUSUS News
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Federal Reserve Chairman Jerome Powell is set to appear at a hearing on Sept. 28 where he will tell Congress that inflation is likely to stay elevated over the next few months. Powell will speak Tuesday morning before the Committee on Banking, Housing, and Urban Affairs, in Washington, D.C. as part of a mandated testimony regarding…
COVID-19 Exacerbates Teacher Shortages Across Public Schools, Forcing Some to Return to Remote Learning
The COVID-19 pandemic has exacerbated teacher shortages across public schools in the United States, forcing some to go back to remote learning. Teacher shortages and difficulties filling job openings have been reported in Tennessee, New Jersey, and South Dakota, which saw one district begin the school year with 120 teacher vacancies. Meanwhile in Texas, Houston, Waco, and…
Europe’s Low-Cost Carriers Will Help to Drive Demand for New Planes Over Next 20 Years: Boeing
European low-cost carriers will help drive demand for new planes in the region over the next 20 years, as airlines replace their older fleets with more fuel-efficient jets, planemaker Boeing said on Sept. 21. Boeing said that it expects airlines in Europe to order 7,100 new single-aisle planes between now and 2040. Single-aisle planes are typically…
Ryanair Raises Passenger Target to 225 Million a Year by 2026 After Its Post-COVID Recovery Plans Are Approved
Budget airline Ryanair on Sept.16 said it has raised its five-year passenger traffic growth after shareholders approved the company’s post-COVID recovery plans. In a statement, the Irish carrier said it expects to see “more rapid traffic growth” by 2026 and has raised its five-year growth forecast to 50 percent, up from past estimates of 33 percent. Prior to…
Household Income of Americans Fell in 2020 for First Time Since 2011: Census Bureau
September 15, 2021
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Business & EconomyCOVID-19 pandemicEconomieseconomyhousehold incomepovertyunemployment benefitsUSUS News
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The household income of Americans fell last year as COVID-19-related lockdowns wrought havoc on the economy, according to new figures from the Census Bureau. The median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 and the first significant decline since 2011, the Census said in its findings published Sept….
Princeton Maintains Top Spot as Highest-Ranked University in US: Report
Princeton University maintained its top spot as the highest-ranked university in the country according to the annual U.S. News & World Report released on Monday. In its latest report, the global authority in education rankings assessed 1,466 U.S. universities on 17 measures of academic quality, including graduation rates, student–faculty ratio, social mobility, and the average federal loan debt…
Mortgage Rates Remain Relatively Flat as Economy Loses Momentum: Freddie Mac
Mortgage rates remain relatively flat as the economy has lost momentum amid the COVID-19 pandemic, according to the latest results of Freddie Mac’s Primary Mortgage Market Survey. According to the data released Thursday by the federally chartered mortgage investor, the rate on a 30-day fixed-rate mortgage averaged 2.88 percent for the week ending Sept. 9, up slightly from 2.87 percent…
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