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ProPublica: “A surge in identity theft during the pandemic underscores how easy it has become to obtain people’s private data. As hackers are all too happy to explain, many of them are cashing in on it.Consider some of the episodes last year in which large quantities of personal data were stolen: 300 million customer and …
GAO Blog: “As of November, the U.S. Department of the Treasury (Treasury) spent nearly $38 billion of the almost $47 billion appropriated for Emergency Rental Assistance programs. This funding was provided to help renter households whose income was disrupted by the COVID-19 pandemic with rent, utilities, and other housing expenses.The funds were disbursed as grants …
Financial Regulation: Systemic Risk, February 1, 2022: “The U.S. financial system has experienced two major episodes of financial instability in the 21stcentury (as well as a few minor incidents)—the 2007-2009 financial crisis and instability surrounding the onset of the COVID-19 pandemic in the spring of 2020. In both cases, the federal government and the Federal …
This article appears in The American Prospect magazine’s February 2022 special issue, “How We Broke the Supply Chain.” Anyone old enough to remember the Cold War is familiar with a scene routinely depicted on U.S. television at the time: the Soviet breadline. Warning Americans about life under communism, these clips showed Russian citizens lingering forlornly outside …
CB Insights: “It was a record year for global & US fintech funding, mega-rounds, unicorns, M&A exits, and more. Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global …
“How to Use This Website / ChildTaxCredit.gov: “Get help filing your tax return to get the Child Tax Credit – This website exists to help people: Get the Child Tax Credit. Understand how the 2021 Child Tax Credit works. Find out if they are eligible to receive the Child Tax Credit. Understand that the credit …
Bloomberg BusinessWeek – All the Biggest Environmental Risks Facing the World’s Biggest Cities – From landslides and extreme heat to insect infestations and airborne diseases, these are the most worrying hazards in urban areas with more than 1 million people…” Climate hazards include: extreme heat; forest fire; water scarcity and salt water intrusions; biological hazards; …
IRS.gov: “With filing season beginning January 24, the Internal Revenue Service reminded taxpayers about several key items to keep in mind when filing their federal income tax returns this year.Given the unprecedented circumstances around the pandemic and unique challenges for this tax season, the IRS offers a 5-point checklist that can help many people speed …
CNBC: “The Federal Reserve on Thursday released its long-awaited study of a digital dollar, exploring the pros and cons of the much-debated issue and soliciting public comment. Billed as “the first step in a public discussion between the Federal Reserve and stakeholders about central bank digital currencies,” the 40-page paper shies away from any conclusions …
Inequality Kills: The unparalleled action needed to combat unprecedented inequality in the wake of COVID-19: “The wealth of the world’s 10 richest men [Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Larry Ellison, Larry Page, Sergey Brin, Mark Zuckerberg, Steve Ballmer, and Warren Buffet] has doubled since the pandemic began. The incomes of 99% of …
The New York Times: “The New York State attorney general, Letitia James, accused Donald J. Trump’s family business late Tuesday of repeatedly misrepresenting the value of its assets to bolster its bottom line, saying in court papers that the company had engaged in “fraudulent or misleading” practices. The filing came in response to Mr. Trump’s …
Zillow: “The Black homeownership rate has rebounded modestly from recent lows, but remains below its early 2000s peak as racial disparities in the mortgage and housing markets widened throughout the early part of the pandemic, according to a Zillow analysis of data from the Home Mortgage Disclosure Act (HMDA). The mortgage denial rate was 84% …
