Category Archives: NAA News

"Today’s employment report continued to make one thing very clear — the U.S. economy is potentially witnessing the most fertile employment market in a generation," said Rick Rieder, BlackRock's chief investment officer of fixed income. "Indeed, the labor market recovery has overcome multiple variants of the pandemic, as well as supply chain shocks, which create higher input costs for companies, in turn pressuring profit margins. Still, corporations appear to be barely blinking at all of this and are moving right on ahead...

Legislators today debated the Newsom administration’s long-term strategy for cutting greenhouse gases, with some experts reiterating their common refrain that parts of California’s cap-and-trade program are deeply flawed.

A panel of experts and the Legislative Analyst’s Office told lawmakers at a Senate hearing what they’ve heard before: The market-based cap-and-trade program that California relies on to do the heavy lifting to reduce climate-warming pollutants is unlikely to achieve the state’s 2030 targets. Read more

At the height of the Cold War, U.S. President Richard Nixon flew into communist China’s center of power for a visit that, over time, would transform U.S.-China relations and China’s position in the world. Read more