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Roundup: U S equities post weekly losses amid rising bond yields - World News
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Roundup: U S equities post weekly losses amid rising bond yields
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South Dakota Moves Forward on Licensing Procedure: Week in Review
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Alaska needs a stable budget so our economy can recover Author: Michael Martin
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Print article The members of the Alaska Bankers Association commend Alaska’s legislators and governor for their willingness to serve Alaskans during these challenging times and to make the difficult choices ahead to resolve the state’s ongoing fiscal imbalance. Like each of them, we value our state and offer our perspective on achieving a stable financial future for Alaska. Alaska’s banks are integral to Alaska’s economy through investment in our local communities, businesses and families. Through extending credit, banks function as the creators and allocators of most of the money supply. When bank credit is extended for productive purposes, the economy grows. However, as reported by the Federal Bureau of Economic Analysis, our pre-pandemic GDP was lower than reported in 2008.
This 36-Year-Old HBCU Grad is the First Black Woman Chief Labor Economist for DOL
(Image Credit:Twitter/janellecj)
Janelle Jones is the first Black woman to serve as the Chief Labor Economist for the Department of Labor. The Biden administration appointed the 36-year-old Spelman graduate to lead the labor department’s research and initiatives.
“I’m very excited to announce I have joined the Biden Administration as the Chief Economist at DOL,” Jones tweeted in January. “I am excited to help build back a better economy where workers, especially those usually left behind, are safe, secure, & empowered at the workplace. Let’s get to work!”