The President of the Federal Reserve Bank of Dallas, Robert Kaplan, on how stamping out racism would contribute to everyone’s success. Plus, the economic fallout of a surge in COVID-19 cases in parts of Arizona, Florida, Texas, California and more.
Two of Britain’s biggest companies apologize for their ties to the slave trade and make charitable donations. An English soccer star heads up a successful campaign to ensure the nation’s most vulnerable children don’t go hungry during the coronavirus crisis.
Facebook says it’s going to let people turn off all political ads. This, as several civil rights groups are calling for major advertisers to boycott the platform. Signs of life in the housing market. And, can work-sharing programs prevent layoffs?
In 2013, the city of Camden, New Jersey, disbanded and replaced its police force. What lessons can we learn? Plus, Fed Chair Jerome Powell is talking “pandemic economy” to Congress again today. He said there are some signs of stabilization.
Will trade and business links between China and India deteriorate after a deadly border clash? And, as the world’s most popular soccer league starts up again, is the women’s game being left behind?
Retail sales jumped by nearly 18% in May, more than double the forecasts. Federal Reserve Chair Jerome Powell starts two days of congressional testimony today. And, in our Reimagining the Economy project, the case for a job guarantee.
The Supreme Court rules Title VII protects LGBTQ people from discrimination in hiring and on the job. Plus, Chesapeake Energy, a pioneer of the shale oil and gas revolution, is reportedly readying its bankruptcy filing.
Crew changeover delays at major shipping hubs have led some seafarers to threaten to put down their tools. China faces fresh economic pressure from a new COVID-19 outbreak. A slump in oil demand is expected through 2021.
The pandemic has closed casinos, a major economic engine for Native American tribes. Money out of the stock market following news of a COVID-19 outbreak in Beijing and infection increases in U.S. states. Bankrupt Hertz is flooding the used-car market.
The White House is worried that the extra $600 a week in unemployment benefits makes not working too attractive. The new head of the U.S. Postal Service. And, how COVID-19 is reshaping the response to domestic violence.
