(Reuters) – Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains.
Three factors are working in West Virginia’s favor right now: a global infrastructure boom, the rising price of natural gas, and the legacy of a recession that hit the Mountaineer State harder than most.
While most industries struggled during the recession, the energy sector actually performed relatively well. States like West Virginia, Texas, North Dakota and Oklahoma experienced revenue booms as hydraulic fracturing boosted the supply of oil and natural gas.
And while other industries bled jobs at a furious pace, West Virginia actually added mining jobs through even the depths of the recession: 35,300 West Virginians were employed in the mining and logging industry — the broad sector measured by the Bureau of Labor Statistics — at its recent peak, in December 2011
Gregory Okin is quick to point out that he does not hate dogs and cats. Although he shares his home with neither — he is allergic, so his pets are fish — he thinks it is fine if you do. But if you do, he would like you to consider what their meat-heavy kibble and canned food are doing to the planet.
Okin, a geographer at UCLA, recently did that, and the numbers he crunched led to some astonishing conclusions. America’s 180 million or so Rovers and Fluffies gulp down about 25 percent of all the animal-derived calories consumed in the United States each year, according to Okin’s calculations.
The country’s gross domestic product grew 2.6 percent at an annualized pace, the Commerce Department said Friday.The U.S. economy rebounded strongly between April and June, government data showed Friday morning, as businesses invested more and consumers shelled out for furniture, washing machines and other goods.
The country’s gross domestic product, a broad measure of economic activity, grew 2.6percent at an annualized pace in the second quarter of 2017, the Commerce Department said. Yet measures of inflation remained weak, casting more doubt on the Federal Reserve’s plan to continue steadily raising interest rates.