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Biden promised to prioritize people over polluters. His pick to deliver that, Michal Freedhoff, is facing a bare-bones budget, demoralized staff and increasingly angry advocates. → Read More
Months-long silences. Mysterious rejections. Here’s what's behind the shortages of a critical tool for ending the pandemic. → Read More
Reprinted with permission from ProPublica Late last summer, after churning along through the pandemic with only a two-week pause, managers at FreightCar Americacalled hundreds of workers into the break area at the company's factory near Muscle Shoals, Alabama, to tell them that the plant was closing for good. For some employees, the news wasn't a shock: They'd been hearing rumors that management… → Read More
Reprinted with permission from ProPublica Late last summer, after churning along through the pandemic with only a two-week pause, managers at FreightCar Americacalled hundreds of workers into the break area at the company's factory near Muscle Shoals, Alabama, to tell them that the plant was closing for good. For some employees, the news wasn't a shock: They'd been hearing rumors that management… → Read More
An online lending platform called Kabbage sent 378 pandemic loans worth $7 million to fake companies (mostly farms) with names like “Deely Nuts” and “Beefy King.” → Read More
A mountainous backlog of paperwork at the IRS continues to wreak havoc on America’s tax collection system — which especially hurts lower-income filers. → Read More
Insurrectionists made no effort to hide their intentions, but law enforcement protecting Congress was caught flat-footed. → Read More
Girish Patel doubts his small, 20-year-old shop will survive the pandemic economy. Thirty stories above, aerospace company TransDigm has sustained eye-popping profits thanks to steep layoffs and raised over a billion with help from the U.S. government. → Read More
Deputy Treasury Secretary Justin Muzinich has an increasingly prominent role. He still has ties to his family’s investment firm, which is a major beneficiary of the Treasury’s bailout actions. → Read More
How has your company treated its workers during the crisis? As bailout money in the form of huge loan programs reaches to your company, what are you watching for or worried about? → Read More
“What good is a test if you don’t know it’s giving you reliable results?” → Read More
With little guidance from Trump, competition among states, cities, hospitals, and federal agencies adds up to a staggering bill to fight coronavirus. → Read More
Korean officials enacted a key reform, allowing the government to give near-instantaneous approval to testing systems in an emergency. → Read More
The FDA’s strict guidance on test confirmations is one of several obstacles that has slowed the federal government’s response to COVID-19. The FDA could change its rules to speed things up, but hasn’t. → Read More
Washington’s influence industry, including former Trump officials and allies, has made big money helping companies get exemptions from tariffs — sometimes by undercutting small business owners like Mike Elrod. → Read More
Earlier this week, the US Securities and Exchange Commission took a significant step to curtail the power of small shareholders. → Read More
A tariff loophole lets companies ship small boxes across the border duty free. So the huge shipments are now heading to warehouses in Canadian and Mexican border towns, instead of the U.S. → Read More
Baseball is America’s pastime, but prices on its China-made gear are about to rise as the trade war escalates. Golf, lacrosse, basketball and other sports will feel the pinch, too. → Read More
Products won exemptions from the U.S. Trade Representative for “health, safety, national security and other factors,” but the criteria remain unclear. → Read More
The US government just jacked up the price of investing your way to permanent residency. By a lot. → Read More