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Details are still harrowing, particularly if you aren’t white and male. → Read More
Democrats are trying to eliminate the concept of independent contractors in business. The move is foolish and self-destructive. → Read More
Coronavirus can cause death or long-term health problems. Entire classes of workers are most at risk of exposure and infection. → Read More
Economic theory is fine, but when trusted as natural law, it often makes absurd mistakes. → Read More
A vaccine with 90%+ efficacy doesn't mean things will be better, and money is a big reason why. → Read More
All those daily explanations of market movements? The explainers cross their fingers, hoping they're right. → Read More
Uber, Lyft, and other gig-economy companies are pushing for exemptions to California's AB5 labor law that would effectively be impervious to future change. → Read More
Unemployment, viewed through the lens of unemployment insurance filings, is much worse than the official rate. → Read More
Ridiculous pension fund pre-payments are only part of the issue facing the USPS. → Read More
The SEC gets into the sales business, promoting the idea of retail investors putting money into private equity. This is a bad move. → Read More
A recession is a period of economic decline spread across the economy that occurs more often than you may think. Here's why and how they happen. → Read More
The May unemployment numbers seem like a great improvement, but it's impossible to tell if they're close to right. → Read More
The unemployment crisis could force states to limit the duration and dollar amount of benefits, experts warn. → Read More
The index is more sensitive to domestic economic conditions and often leads in a recession or recovery. → Read More
Without proper care and oversight, offsets and allowances can become a way to get bragging rights for not doing anything. → Read More
The U.S. economy is hurtling towards a recession as a result of the coronavirus pandemic, but some economists think a depression is also a possibility. → Read More
In '87, management at one firm gave each trader a razor and a coffee can (to avoid bathroom breaks), and told them to stay in place. → Read More
Since the 19th century, the floor has been open when markets are. Coronavirus has ended that streak. → Read More
The report assumed an -85% reduction in sports spending, -75% in transportation, and a -65% decline in revenues for hotels and restaurants. → Read More
"It may be the largest contraction of GDP on record in a specific quarter," said Gregory Daco, chief U.S. economist at Oxford Economics USA. → Read More