Several presidential hopefuls have offered proposals to close the racial wealth gap, from baby bonds to reparations. A simulation suggests policies short of direct aid to blacks won’t do the trick.
“We’d be mad not to learn the lessons” of the election result, said Chalmers on Labor’s way ahead.
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Prodded by Michelle Obama and other government leaders, Walmart and other major US retailers vowed to build hundreds of stores in food deserts. What happened?
The design of the global money game is the real antagonist in the fight against climate change. But the call to arms tends to be directed at the players who have had best luck with the dice.
Have you ever wondered why U.S. money is green?
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The day and a half it takes to get from New York to Singapore and back offers plenty of time to ponder the economics of ultra-long-haul flights – and wonder why we’d want to make it any longer.
The movement to ban miniature toiletries isn’t likely to make a dent in the global plastic crisis.
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Yossi Sheffi, Massachusetts Institute of Technology (MIT)
InterContinental Hotels Group plans to switch miniature toiletries for bulk products, but it isn’t likely to do as much for the environment as activists might think.
Slum houses in Indonesia’s capital, Jakarta.
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People’s acceptance of poverty is the biggest challenge to eradicating poverty in Yogyakarta and Banten, both on Indonesia’s most populated Java island.
Winning the support of workers may be key to Democrats winning the 2020 election.
Reuters/Lucas Jackson
Hillary Clinton arguably lost in 2020 because she took workers for granted. Will Democrats make the same mistake again?
Markets know what has happened each time the yield curve has turned negative. The idea of a negative curve without a a recession would take some getting used to.
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Precedent suggests that what’s happened in the US will lead to a recession, but maybe it’ll be different this time.
Ben & Jerry’s opened Art for Justice, which highlights the need for criminal justice reform and features art by formerly incarcerated artists.
AP Images/Andy Duback
The Earned Income Tax Credit was established in 1975 to reduce payroll taxes and help with rising prices for low-income families. Today, it could help poor families with housing.
Wall Street traders watch as Fed Chair Jerome Powell speaks.
Reuters/Brendan McDermid
Unions should move their focus away from traditional collective bargaining and instead embrace new ways to attract new members, such as by offering discounted benefits and engaging in more advocacy.
Every state bears the burden of the opioid crisis.
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State governments are leading the charge against opioid makers over their role in the epidemic. A team of researchers at Penn State examined just how much the crisis has cost them.
Wayfair workers protested their employer’s decision to sell beds to immigrant detention facilities.
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A new kind of capitalism is emerging in which companies value communities, the environment and workers just as much as profits. Even the Business Roundtable agrees.
Treasury Secretary Mnuchin is taking ‘extraordinary measures’ to avoid busting the debt ceiling.
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The US hit the debt ceiling in March and is expected to run out of ways to get around the new $22 trillion limit by September. An economist explains why the ceiling is a dysfunctional relic.