China and Germany are winners in proposed repeal of Clean Power Plan

Scott Pruitt, head of the U.S. Environmental Protection Agency, has announced that today he will formally sign a proposal to repeal the Clean Power Plan — President Barack Obama’s policy to reduce carbon dioxide emissions from coal-fired power plants. The move deals a blow to U.S. competitiveness in future energy markets according to a Cornell […]

Electric cars may up demand for power, but renewables are poised to benefit

Auto giant General Motors announced Monday it is taking a deep dive into the electric vehicle market — unveiling two new electric models in 2018 and 18 more by 2023. This boost in the number of electric cars will increase demand for power, but signals a bright future for renewable forms of energy like wind and solar, […]

H1-B visa overhaul robs US of future tech leaders

Greg Morrisett, dean of Cornell University’s Computing and Information Science, says Trump’s immigration policies hinder high-skilled workers’ entry into the country and will affect creation of future STEM jobs. Bio: http://www.cs.cornell.edu/~jgm/   Morrisett says: “Steve Jobs’s father immigrated from Syria. The CEO of Microsoft, Satya Nadella, immigrated from India. Sergey Brin, Google’s co-founder, immigrated from […]

Want to help American business? Open America’s borders

Wesley Sine, professor of management and organizations at Cornell University, studies the emergence of new economic sectors and entrepreneurship. He says that if the Trump administration is seriously committed to small business creation, they should help immigrants – not antagonize them. Bio: https://www.johnson.cornell.edu/Faculty-And-Research/Profile?id=wds4   Sine says: “It’s too bad that the administration is not paying […]

Steering software drives Audi emission scandal

Arthur Wheaton, automotive expert and senior extension associate with Cornell University’s School of Industrial and Labor Relations, explains why Audi’s transmission software is likely the source of the latest emission cheating allegations. Bio: https://www.ilr.cornell.edu/people/arthur-wheaton   Wheaton says: “Audi was caught once again cheating EPA diesel emission rules. This time it was related to the transmission altering […]

Trump win could trigger peso plummet

Lourdes Casanova, academic director of the Emerging Markets Institute at Cornell University, says that Trump’s campaign has alienated Latino voters within the U.S., and sent shocks to the economies of countries like Mexico. Casanova is available for interviews in Spanish. Bio: https://www.johnson.cornell.edu/Faculty-And-Research/Profile/id/lc683 Casanova says: “Across the border, Donald Trump’s influence has been felt. Every time […]

Census poverty numbers are a snapshot, not full picture

This morning, the U.S. Census Bureau will release its poverty numbers for 2015. The expectation is that the number will likely approximate the poverty rate from the year before. Tom Hirschl, sociologist and co-author of “Chasing the American Dream: Understanding What Shapes Our Fortunes,” says the problem with these estimates is that they only provide […]

Blue-collar training in high school leaves women behind

ITHACA, N.Y. – What’s the best way to prepare high schoolers for jobs in the 21st century? Education leaders and the general public have been debating this question with more heat in recent years, clashing over whether to focus on college preparation or vocational training, especially training linked to blue-collar jobs. The way the pendulum […]

Perception of rate hike already priced into the market

The Federal Reserve could raise interest rates in December or early 2016, which would be the first rate hike in many years. Steven C. Kyle, an economics professor at Cornell’s Dyson School of Applied Economics and Management, says that while the Fed has reasons not to change interest rates, the mounting expectation of a raise […]

‘Quirky’ video highlights changing politics of China’s 5-year plan

This week, the Chinese Communist Party’s Central Committee will approve the country’s 13th five-year plan, a blueprint document that spells out China’s economic goals and aspiration through 2020. To promote the plan, Chinese state media issued a 3-minute video that highlights, with a song and cartoons, the bottom-up nature of the plan. Jeremy Lee Wallace, […]