Hillary Clinton doesn’t want to win over just the middle class. She wants to win over business elites as well. And in this tightening labor market, with business worried about losing workers to the growing demand for higher wages, there’s ample evidence that what she has started to advocate is increasingly aligned with what many businesses are beginning to do.Read More
CNBC Contributor Zachary Karabell, weighs on the nature of U.S. jobs growth and higher wages.Read More
The New York Times is reporting that Walmart's Mexican division was allegedly involved in bribery and kickbacks. Newsweek & The Daily Beast's Zachary Karabell talks about what that will mean for the corporation's image and what it might say about American companies doing business in other countries.Read More
The economy continues to limp along, and from the debate in this U.S. election season, it seems as though the path to restoring economic vitality is terra incognita. Over the past generation, economic advances have been jump started by fundamental changes: first, globalization, and then the rise of the internet economy.Read More
The US and Chinese economies are increasingly intertwined, and there's concern in Washington about some key aspects of the relationship. That includes a big trade deficit, and China's huge holdings of US government debt. But like it or not, the two economies are now fused into one integrated system, says Zachary Karabell.Read More
Environmental concern is suddenly all the rage, all around the world. Unless you've been buried in a coal mine for the past year, you've been inundated with articles about this hot new trend. In early July, China lifted gasoline subsidies, in part to force consumers and businesses to confront the costs of using more of that ever-more costly resource.Read More
When the zeitgeist shifts, it really shifts.
The beginning of 2007 saw one of the warmest Januaries on record, and instead of snow, we were treated to a flurry of articles, announcements, conferences, and high level public speeches that demanded action on the part of countries, individuals and companies to begin to address the issue of global warming.Read More