Allowing emergency unemployment benefits to expire at the end of the year would cause the U.S. jobless rate to decline by as much as 0.5 percentage point, according to Michael Feroli at JPMorgan Chase & Co.
Afghan President Hamid Karzai’s expanding list of demands before he’ll sign an agreement for U.S. forces to stay in his country is testing the Obama administration’s patience and risking blunders by each side.
A proposal backed by most District of Columbia council members to decriminalize small amounts of pot may spur federal lawmakers to consider marijuana regulation for the first time since two states legalized recreational sales.
The phrase “unburnable carbon” has gained currency among climate-minded investors, popularized by a U.K.-based nonprofit called the Carbon Tracker Initiative. It refers to the vast fossil-fuel reserves that, if burned, would probably push the global climate into the danger zone.