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California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump.Justin Sullivan/Getty ImagesBusiness Insider is thinking a lot about the future of capitalism.So, it seems, is California Gov. Gavin Newsom.Newsom said he'd fly to Davos this week to rebut Trump's version of capitalism.We here at Business Insider thought it was time to talk about the future of capitalism.Seems we weren't the only ones.When California Gov. Gavin Newsom announced late last week that he would show up at Davos essentially to rebut whatever President Donald Trump plans to say, he specifically zoned in on, what else? Capitalism.At Davos, the Democratic governor plans to "draw a clear line between democratic capitalism and crony capitalism," according to his office. Newsom will "contrast California's rules-based, competitive economic model with Trump's politics of intimidation, favoritism, and self-dealing."In short, Newsom wants to articulate his own version of capitalism on the global stage.That, coupled with Trump's Wednesday speech, which is expected to touch on affordability, shows just how hot the topic is.You might recall that last month we put out a survey seeking your thoughts on the future of capitalism. And in the new year, we started a series on the subject. The first piece detailed the federal government's investments in private-sector companies under this White House. Newsom's office called those investments "an unprecedented assault on free markets" and took issue with other Trump moves.The White House did not immediately respond to a request for comment about Newsom's statements. A White House official earlier told Business Insider they viewed these equity stakes "as a very powerful tool that we're using very judiciously in very specific sectors for very specific reasons," for purposes of US economic and national security.We will stay all over this subject at Davos this week. (Subscribe to our special Davos newsletter here.) Meanwhile, our capitalism series has chronicled how America's high schools are teaching capitalism. See for yourself how you'd score on this 12th-grade capitalism quiz!The next piece, slated for Monday, is on the capitalist spirit thriving in companies. Stay with us!Read the original article on Business Insider

Malgré le caractère particulier de la rencontre, OL - Brest ne déchaînera pas les foules. Comme face au Havre ou à Nantes, le Parc OL dépassera timidement les 45 000 spectateurs. Décalée de quelques heures, elle aurait certainement poussé le peuple lyonnais à se déplacer en masse. Seulement, la rencontre entre l’OL et Brest se jouera bien ce […] L’article OL - Brest : une affluence dans la lignée des dernières à domicile est apparu en premier sur Olympique & Lyonnais.

The cities building the most homes rely more heavily on immigrant labor.Allen J. Schaben / Los Angeles TimesThe cities that build and remodel the most homes rely the most heavily on immigrant workers.Dallas-Fort Worth led the US in building permits. Its construction workforce was 61% foreign-born.Mass deportations and restrictions on immigration threaten to deepen the worker shortage.The American homebuilding industry relies heavily on immigrant workers. That's especially true in the cities that build and remodel the most homes, according to new research from Harvard's Joint Center for Housing Studies.In the seven metro areas that issued at least 150,000 residential building permits between 2019 and 2023, an average of 54% of construction trades workers were foreign-born, the Harvard report found. The metros building and remodeling the most homes — from Los Angeles and Washington, DC, to Dallas and Houston — rely on a workforce that's often more than 60% foreign-born.The construction industry faces a nationwide worker shortage in the hundreds of thousands. Given its reliance on foreign-born workers, President Donald Trump's mass deportations and restrictions on immigration threaten to deepen the worker shortfall, said Anirban Basu, the chief economist at Associated Builders and Contractors, a trade group that endorsed Trump in 2024.As a result, economists and housing researchers expect the most dynamic US housing markets will be hit the hardest by rising construction costs — driven by higher labor costs and delays, in part due to the worker shortage."These places that are most reliant on immigrant labor are going to feel those effects most acutely, and may then have a hampered ability to respond to housing supply and demand needs," said Riordan Frost, a senior research analyst at the Harvard Center and the author of the report.Metros that build fewer homes tend to have far fewer immigrants as a share of their construction workforce. In metros that granted between 75,000 and 149,999 permits, an average of 40% of the workers were foreign-born. And in metros that permitted less than 75,000 homes, 22% of the workforce was foreign-born. Still, immigrants made up a disproportionate share of the construction workforce in those places, too.Are you a contractor or worker in the construction trades affected by worker shortages or immigration enforcement? Reach out to share your experience with this reporter at erelman@businessinsider.com.The Dallas-Fort Worth-Arlington metro area led the country in issuing new building permits between 2019 and 2023. During that period, 61% of the area's construction workers were immigrants. In that same period, nearly three-quarters of construction workers in the Miami-Fort Lauderdale-Pompano Beach area were foreign-born."There's demand for labor in these places because there's so much homebuilding activity, and that is what creates the economic opportunity for immigrants to come in and fill these positions, especially if they're positions that native born people aren't as likely to work in," Frost said.A recent survey by the Associated General Contractors of America found that 28% of construction firms say they've been affected, either directly or indirectly, by immigration enforcement. More than 90% of all firms that were hiring said they were having trouble filling open roles, and 45% of all firms said they experienced project delays because of a shortage of workers."There's no question in my mind the stepped-up immigration enforcement is serving to drive up construction delivery costs," Basu said. "If all of a sudden these communities are no longer able to supply as much new housing, then their economic growth will tend to stagnate."At the same time as the administration is cracking down on legal and illegal immigration, it's not doing enough to boost domestic construction…

Prêtées par OL Lyonnes pour cette saison, Kysha Sylla et Maéline Mendy ne pourront pas croiser leurs coéquipières lyonnaises ce dimanche. Une clause empêche le Paris FC de les faire jouer. Interrogé vendredi, Jonatan Giraldez ne savait pas quelle réponse donner. À la question de savoir si Kysha Sylla et Maéline Mendy allaient pouvoir jouer contre OL Lyonnes, le coach espagnol […] L’article Prêtées par OL Lyonnes, Sylla et Mendy ne peuvent pas jouer ce dimanche est apparu en premier sur Olympique & Lyonnais.