A colossal number: $16 trillion over 20 years, due to racism in the U.S., according to a new study by Citigroup. Plus, the strength of spenders in this economy. And, fixing how we pay for long-term health care.
The Economist has two new forecasting models out Wednesday morning that will attempt to do just that. Plus, what’s caused Tesla’s stock to collapse. And, how Texas is trying to make it easier for some to avoid surprise medical bills.
The European Union is set to detail new, mandatory measures on managing migration. Australia reveals encouraging manufacturing data. How the craft beer industry is faring during the coronavirus pandemic.
The pandemic makes it harder. Plus, whether recent stock market gains can be attributed to faith in a COVID-19 vaccine, a preview of Fed Chair Jerome Powell’s week in Washington, an update on political fundraising and Tesla’s new car batteries.
Peanut farmers are busy with U.S. consumption at an all-time high. Plus, the Fed looks to update the rules that ensure lower-income Americans get access to loans. And, Trump revisits the issue of social media companies with state attorneys general.
Inside the economic fallout in the U.K. and Spain. Plus, the EU’s top court upholds France’s right to block repeated short-term property rentals. And, Clothes designer Erdem Moralioglu describes his fully digital London Fashion Week show.
With congressional divisions deepening and Senate attention on the Supreme Court, it’s unlikely that we see a new COVID-19 relief package before the election. Also, Nikola’s executive chairman resigns. And, a state-by-state look at unemployment rates.
The late Justice Ruth Bader Ginsburg leaves a legacy of rulings that defined many crucial areas of American life, including economic issues. Plus, evidence of a sweeping dirty money scandal among global banks. And, the latest on TikTok.
Leaked documents reveal that criminals allegedly used a number of global banks to move about $2 trillion of dirty money around the world. Indian farmers protest new legislation which could end minimum support prices for certain crops.
The Business Roundtable met this week and announced support for a comprehensive plan to battle climate change. Plus, airlines press for $25 billion more in aid. And, in France, government rules on wearing masks outdoors.
