GM workers’ tough choice: relocate or get laid off
Plus: Toni Morrison’s legacy, China’s new label as a currency manipulator and what it’s like to “curate” snacks at Google.
LORDSTOWN, OH - MARCH 06: GM Lordstown workers rally outside the GM Lordstown plant on March 6, 2019 in Lordstown, Ohio. The sprawling facility was idled today after more than 50 years producing cars and other vehicles, falling victim to changing U.S. auto preferences, according to the company. (Photo by Jeff Swensen/Getty Images)
The Federal Reserve has plans for a new instant payment network, set to launch in 2023 at the earliest. But critics say the Fed’s waiting too long, given that a rival instant payment network already exists.