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Immigrant entrepreneurs add $2B to Pennsylvania economy

With an aging population and a decline in US-born workers, Pennsylvania will soon need a new workforce to sustain economic health.  Immigrants are playing a pivotal role in fulfilling these needs, according to a recent report from workforce development nonprofit Upwardly Global and the American Immigration Council. The report analyzed 2022 data across several states […]

New reporter joins Technical.ly newsroom in Baltimore

We’re thrilled to announce Anand Macherla as our first-ever Baltimore events reporter.  The former Venture for America fellow and inaugural employee of UpSurge Baltimore is the latest member of our fully distributed newsroom. On this beat, he joins me and lead reporter Kaela Roeder, who this summer began covering Baltimore in addition to DC.  What’s […]

What Will a Post-Xi China Look Like?

What will happen to China’s long-term ideological direction once President Xi Jinping eventually leaves the scene? This is unlikely anytime soon. But for a septuagenarian, the possibility is real enough to force us to start seriously thinking this through. Indeed, it goes to the core question of whether the deep structural and cultural changes that […]

How the Dollar Became a Double-Edged Sword

Over the last 80 years, the U.S. dollar has become the lingua franca of the global financial system. From Europe to Australia, central banks, companies, manufacturers, and tourists find common language by using the American currency. Today, an estimated $6.6 trillion in daily global transactions involve the dollar.  The centrality of the U.S. dollar to […]

Budget gap widens in September

THE NATIONAL Government’s (NG) budget deficit widened to P273.3 billion in September, as revenues and expenditures posted double-digit growth, the Bureau of the Treasury (BTr) said on Thursday. Latest data from the Treasury showed the fiscal gap rose by 8.9% in September from P250.9-billion deficit in the same month a year ago, “as the increase […]

PCCI issues job, investment wish list

By Justine Irish D. Tabile and Kyle Aristophere T. Atienza, Reporters PRESIDENT Ferdinand R. Marcos, Jr. should identify barriers to business operations, develop an infrastructure master plan, enact a comprehensive investment bill and digitize local government services to generate more investments and jobs, according to the Philippine Chamber of Commerce and Industry (PCCI). In an […]