#economic-transition

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www.theguardian.com
2 months ago
UK politics

Forty years on from the miners' strike, unions are flexing their muscles | Larry Elliott

The miners' strike in Britain in the 1980s marked a significant defeat for the trade union movement, reflecting a transition to a more service-based economy.
The balance of power between labor and capital shifted in favor of the latter, impacting industrial relations and the economy as a whole. [ more ]
The Atlantic
5 months ago
Business

Higher Interest Rates Are Good, Actually

The Federal Reserve has raised interest rates to control inflation, but they are not expected to go back to zero anytime soon.
Rates are projected to stay where they are for most of 2024 and gradually decrease in 2025. [ more ]
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