Thursday, April 13th, 2017

 

Fed Chair Janet Yellen says interest rates may increase to 2%

TweetANN ARBOR, Mich. — Federal Reserve Chair Janet Yellen paid a visit to the University of Michigan on Monday afternoon. She was the featured speaker in a discussion with U-M Ford School of Public Policy Dean Susan Collins. They talked about the state of the economy, interest rates, the labor force and much more. Yellen said that the United States economy has greatly improved since the 2008 recession. Unemployment rose to 10 percent during that time. Right now, it is only at 4.5 percent. “In my view, it is prettyRead More


PHOTOS: Chevrolet Red Carpet Walk @ “The Joe” Final Game

TweetAmericaJR’s Jason Rzucidlo was LIVE outside the final Detroit Red Wings game at Joe Louis Arena. Red Wings players and alumni arrived in Chevrolet Tahoe, Suburban and Silverado vehicles. They were introduced one-by-one by public address announcer Erich Freiny. Then, they walked the red carpet to say one final goodbye to The Joe as they entered for the last hockey game to be played there. It was an emotional moment for the fans and the players alike. The building will be torn down to make way for new development alongRead More


EARTHTALK: Is Paris Enough? So Far, Climate Commitments Don’t Quite Add Up Yet

TweetDear EarthTalk: Is it true that the Paris climate accord as it stands won’t be enough to stave off cataclysmic global warming anyway, even if the U.S. and the other participating countries honor their commitments? —Astrid Taylor, Williams, MA To date, 197 countries have signed onto 2015’s landmark Paris climate accord (“The Paris Agreement”), which aims to limit global warming to less than 2°C above pre-industrial levels by 2100 through voluntary emissions reduction plans. But skeptics argue that even if all participating countries follow through with their promised cuts, weRead More