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Category Archives: Economy

Federal workers are returning to the office

Washington Post – Some members of Congress say they shouldn’t be. “With the number of coronavirus cases increasing across much of the country, leading members of Congress on civil service issues are challenging orders by federal agencies for teleworking federal employees to return to their regular worksites. “I think we have to press the pause button immediately,” Rep. Gerald E. Connolly (D-Va.), chairman of the House Government Operations subcommittee, said in an interview. “There is no data that could make one comfortable that it is safe to return fully to work and to the status quo. In fact, all of the data suggest the opposite.” Senators representing Maryland and Virginia will send a letter Thursday morning to the Office of Management and Budget and the Office of Personnel Management warning against premature reopenings that could lead to new coronavirus cases…“Reopening too quickly by ending maximum telework threatens to erase the progress made against the virus and endanger the health and safety of federal employees and everyone else in an agency’s region through increased community spread,” says the letter, signed by Sens. Chris Van Hollen (D-Md.), Ben Cardin (D-Md.), Tim Kaine (D-Va.) and Mark R. Warner (D-Va.)…”

Jacqueline Simon, policy director of the American Federation of Government Employees, though, testified that “there should be no reopening unless and until federal agencies have the full capacity to test, protect, trace, and inform their workforces, and unless and until genuine, objective data on the status of the pandemic shows it has subsided.”…

Thousands of contracts highlight quiet ties between Big Tech and U.S. military

NBC News: “Over the past two years, thousands of tech company employees have taken a stand: they do not want their labor and technical expertise to be used for projects with the military or law enforcement agencies. Knowledge of such contracts, however, hasn’t been easy for tech workers to come by. On Wednesday, newly published… Continue Reading

New IHME Forecasts Show More Than 200,000 US Deaths by November

“In its first projections of COVID-19 deaths out to November 1, the Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting more than 200,000 deaths in the United States. The forecast shows 208,255 deaths (with a range of 186,087 to 244,541). Those numbers drop to 162,808 (157,217 to 171,193), if… Continue Reading

Audit Finds Facebook’s Decisions Were ‘Setbacks for Civil Rights

The New York Times – “An independent audit faulted the social network for allowing hate speech and disinformation to thrive — potentially posing a threat to the November elections. Auditors handpicked by Facebook to examine its policies said that the company had not done enough to protect people on the platform from discriminatory posts and… Continue Reading

An Update to the Economic Outlook: 2020 to 2030

Committee for a Responsible Federal Budget – “Today, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic. These estimates are an update to CBO’s May projections; they incorporate data through June 26 – not including the latest jobs report – as well as the estimated effects of fiscal support enacted so far. CBO projects rapid economic growth beginning in the… Continue Reading

SBA Paycheck Protection Program Loan Level Data

Department of the Treasury SBA Paycheck Protection Program Loan Level Data To download all Paycheck Protection Program data, click here. Paycheck Protection Program Loans of $150,000 and above by State Click here to download Paycheck Protection Program loan data by state for loans of $150,000 and above. The data for all 56 states and territories is available… Continue Reading

Public Companies: Disclosure of Environmental, Social, and Governance Factors and Options to Enhance Them

Public Companies: Disclosure of Environmental, Social, and Governance Factors and Options to Enhance Them, GAO-20-530: Published: Jul 2, 2020. Publicly Released: Jul 6, 2020. “Nonfinancial information about how a company does business (e.g., a bank’s cybersecurity program) could be an indicator of its long-term financial performance. Investors have been asking companies to disclose more on… Continue Reading

A 28-Year-Old With No Degree Becomes a Must-Read on the Economy

Bloomberg: “Nathan Tankus, 28, hasn’t finished his bachelor’s degree at New York City’s John Jay College of Criminal Justice. He has, however, mastered enough knowledge of economics and finance to become a widely followed commentator on the Federal Reserve. A newsletter he launched this year has followers at the Fed, the Securities and Exchange Commission,… Continue Reading

The Fullest Look Yet at the Racial Inequity of Coronavirus

[Note – The New York Times obtained the CDC data included in this article after winning a FOIA lawsuit.] The New York Times – “…Racial disparities in who contracts the virus have played out in big cities like Milwaukee and New York, but also in smaller metropolitan areas like Grand Rapids, Mich., where the Bradleys… Continue Reading

Pete Recommends Weekly Highlights on Cyber Security Issues July 5, 2020

Via LLRX – Pete Recommends Weekly Highlights on Cybersecurity Issues July 5, 2020 – Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex… Continue Reading

How Infrared Images Could Be Part of Your Daily Life

The New York Times – “In a post-quarantine world, heat sensors could help spot sick people with elevated temperatures as they enter public places. But it’s not that simple. “A fever is one indicator that someone may be exhibiting coronavirus symptoms, and the Centers for Disease Control and Prevention recommends temperature screenings in a variety of… Continue Reading