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Market Insider – “Bloomberg is reportedly telling some terminal users to prepare for negative US rates so there aren’t any technical glitches if it happens: Data provider Bloomberg warned some users of its terminals on Monday that they should prepare for negative interest rates in the near future, the Financial Times reported. The note was …
Vox: “Bostock v. Clayton County, a landmark Supreme Court decision holding that federal law prohibits employment discrimination against LGBTQ workers, was a test of Justice Neil Gorsuch’s principles. He passed. Gorsuch is a vocal proponent of “textualism,” the belief that the meaning of a law turns on its words alone, not on the intentions of …
In light of Covid-19, an MIT study looks at tradeoffs between economic value and public health, across different types of retail:”A new study by MIT researchers uses a variety of data on consumer and business activity to tackle that question, measuring 26 types of businesses by both their usefulness and risk. Vital forms of commerce …
“The twelfth edition of the Democracy Index finds that the average global score has fallen from 5.48 in 2018, to 5.44. This is the worst average global score since The Economist Intelligence Unit first produced the Democracy Index in 2006. Driven by sharp regressions in Latin America and Sub-Saharan Africa, four out of the five …
CRS report via LC: Larger Businesses and COVID-19: Financial Relief and Assistance Resources Updated June 11, 2020: “This CRS Insight presents selected resources and CRS products potentially relevant to medium and large businesses directly affected by the Coronavirus Disease 2019 (COVID-19) pandemic seeking economic relief and assistance. The Coronavirus Aid, Relief, and Economic Security (CARES) …
USA Today – But many aren’t sure how to reopen amid the coronavirus pandemic – “…Just 37% of libraries plan to reopen by July, according to a recently released survey from the American Library Association. Nearly half of the nation’s libraries – 47% – do not have plans to reopen their doors to the public anytime soon, …
ars technica: “The Federal Communications Commission and other US agencies have failed to properly oversee Chinese telecom companies that operate in the United States, according to a bipartisan Senate report released today. After a year-long investigation, the staff report by the US Senate’s Permanent Subcommittee on Investigations “found that the FCC and ‘Team Telecom’—an informal …
Washington Post: “Americans overwhelmingly support the nationwide protests that have taken place since the killing of George Floyd at the hands of police in Minneapolis, and they say police forces have not done enough to ensure that blacks are treated equally to whites, according to a Washington Post-Schar School poll. President Trump receives negative marks …
Treasury Inspector General for Tax Administration – High-Income Nonfilers Owing Billions of Dollars Are Not Being Worked by the Internal Revenue Service May 29, 2020, Reference Number: 2020-30-015: “The gross Tax Gap is the estimated difference between the amount of tax that taxpayers should pay and the amount paid voluntarily and on time. The average …
Washington Post: “Shutdown orders prevented about 60 million novel coronavirus infections in the United States and 285 million in China, according to a research study published Monday that examined how stay-at-home orders and other restrictions limited the spread of the contagion. A separate study from epidemiologists at Imperial College London estimated that the shutdowns saved …
Via Quartz: SEC filings tell us a lot about the potential pitfalls of making Covid-19 vaccines. Companies working on vaccines detail how unlikely it is for a trial to fail, and it underscores how vaccines aren’t a magic bullet—total public health must be considered if we’re going to make progress….Enter 8-K forms. Publicly-traded companies are required …
Washington Post – “America’s love-hate affair with billionaires took an uncomfortable twist this spring: As the coronavirus spread across the country, both fans and critics wondered what these titans of capitalism would do to address this devastating health and economic crisis. The answer so far: Not much, when accounting for their vast personal fortunes. A …
