Raton, a town once surrounded by eight coal mines, now has a main street of boarded-up buildings. There is reason for optimism as the town diversifies its local economy, betting on "a mix of small manufacturing businesses, health care and specialty services, and hospitality for travelers" to endure the sudden decline in mining revenue. Its calculated revitalization may hold lessons for other towns.
Read MoreAn increasingly popular way to attract foreign direct investment is to let the world’s wealthiest trade cash and property investments for citizenship. The $2 billion-a-year industry allows the ultra-rich to buy passports that permit visa-free travel to nearly the entire world, often with no residency requirements. Highly controversial, the industry is marked by a lack of transparency and concerns about what happens to civic ties when citizenship can be bought and sold.
Read MoreOver two million baby boomers own their own companies, and with retirement looming, the government stepped in with a solution. A portion of a 2018 federal bill included language that will push the Small Business Administration to help baby boomers transition ownership of their companies to their employees if they wish. This will mitigate job loss often associated with a retiring business owner putting the company up for sale. Employee owners on average make a higher salary and have higher job stability, supporting the idea that employee ownership is beneficial for everyone involved, as well as for the econom
Read MoreEurope's generous social policies, such as allowing employees to retain their salaries while taking sick time to care for themselves or family members, may help to mitigate the coronavirus outbreak while also safeguarding the economy. Although the long-term impacts are yet unknown, in the short term, government-provided incentives are helping people and businesses stay afloat.
Read MoreAfter an initial shock to business-as-usual, some independent booksellers are trying new methods to get their products in the hands of readers. Home deliveries, online sales, and fundraising efforts are keeping some longstanding institutions afloat, at least for now.
Read MoreEste reportaje cuenta y explica la solución energética de Ticino, un pueblo de la provincia argentina de Córdoba. Quemando biomasa (cáscara de maní), la manicera de la localidad, que es también la empresa más grande del lugar, genera energía eléctrica que vende al Estado para abastecer al pueblo y a zonas vecinas. Esta solución beneficia a cientos de familias y permitió que durante el gran apagón nacional de 2019, Ticino continuara con luz.
Read MoreDuring the pandemic, indigenous communities received massive federal funding through the 2020 Coronavirus Aid, the 2021 American Rescue Plan Act, and the Relief and Economic Security Act for a number of needs, like infrastructure and tribal housing improvements. Many indigenous entities received smaller funds too. But COVID exacerbated several long-pending and neglected issues, local officials and tribal members say, and the funding does not sufficiently address them in the longterm.
Read MoreSeveral companies are beginning to lean into the four-day workweek. It is also being seen as a new recruiting tool that resonates with a younger generation that prioritizes work-life balance. There are even nonprofits like 4 Day Week Global, that are coordinating pilot programs across the globe to encourage more companies to adopt a 32-hour workweek with no cut in pay.
Read MoreWith an influx of COVID relief money, the Russellville school district began hiring and certifying more local, Spanish-speaking staff to help teach English language learners. Districtwide, the percentage of students who met their language proficiency goals increased from 46% in 2019 to 61% in 2022.
Read MoreThe solar-powered freezer donated by Green Life Energy allows vaccines to be stored at the appropriate temperature, providing more access to necessary immunizations, specifically for those in rural communities. Nurses say the freezer box has the capacity to hold up to 500 doses of different vaccines, including polio, measles, tuberculosis, and the COVID-19 vaccine.
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