Copper bets and carbon rules shape future of industry
The Chicago Tribune notes copper demand tied to electric vehicles faces long mine timelines and high capital costs, while regulatory shifts and carbon trading evolve. It argues for a blended U.S. policy approach with markets, financing, and emissions measurement to avert shortages as climate goals rise.
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Chicago Tribune
Chicago campaign frames ailing city with heated debate
Chicago struggles with crime and poor schools as mayoral race narrows to Brandon Johnson and Paul Vallas. Johnson funds largely by unions, especially CTU, while Vallas touts school choice and police backing. The piece contrasts policy stances, past roles, and the city’s finances amid a tense political climate.
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Unwinding excess shifts from tech to banks and real estate
Conor Sen argues the current slowdown differs from past cycles. High hiring during the 2020–21 peak was driven by false low rates, not excess labor. Tech layoffs reflect over hiring and rising rates, while SVB’s crisis exposed bank strain and commercial real estate risk as rates climb. Even with sector weakness, the overall labor market remains resilient.
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Silicon Valley Bank
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