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Economy – Articles, Analysis, Opinion

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Microsoft co-founder Bill Gates and his ex-wife, Melinda French Gates, gave their foundation $15 billion right before their divorce became final. Ludovic Marin/AFP via Getty ImagesLudovic Marin/AFP via Getty Images

The 50 biggest US donors gave or pledged nearly $28 billion in 2021 – Bill Gates and Melinda French Gates account for $15 billion of that total

Three scholars weigh in regarding the priorities of these wealthy American donors, who gave less to social service and racial justice groups than in the first year of the COVID-19 pandemic.
Washington state was home to some of the nation’s first dispensaries for legalized marijuana. AP Photo/Ted S. Warren

Legalizing recreational pot may have spurred economic activity in first 4 states to do so

Colorado, Washington, Alaska and Oregon all experienced big increases in both deposits and lending shortly after legalizing marijuana for recreational use.
Dealing with customers every day can put significant stress on hospitality workers. AP Photo/Mark Lennihan

Bad managers, burnout and health fears: Why record numbers of hospitality workers are quitting the industry for good

New research shines light on what is driving hospitality workers – like waiters and hotel workers – to abandon the industry as part of the ‘great resignation.’
All eyes are on Fed Chair Jerome Powell as the central bank prepares to raise rates for the first time in three years. Brendan Smialowski/Pool via AP

Federal Reserve plans to raise interest rates ‘soon’ to fight inflation: What that means for consumers and the economy

The US central bank said surging inflation is guiding its decision about when to lift interest rates. Two experts on financial markets explain what might happen next.
The toxic culture in video game company Activision Blizzard is part of the larger problem of sexual harassment in esports. Cameron Baird/Red Bull Content Pool

Microsoft purchase of Activision Blizzard won’t clean up gamer culture overnight: 5 essential reads about sexual harassment and discrimination in gaming and tech

Sexual harassment and discrimination in gaming and tech are not inevitable or permanent, write experts in the field. The solutions are positive community standards and women in power.
Grand Park, a multi-use sporting facility in Westfield, Ind., was built to lure youth sports competitions and tourists to the region. AP Photo/Michael Conroy

Why massive new youth sports facilities may not lead to the tourist boom many communities hope for when they build them

New research suggests parents are too focused on their children’s competition to spend time or money on things that don’t involve the tournament, hotel stays or quick dining.
In the metaverse, your avatar, the clothes it wears and the things it carries belong to you thanks to blockchain. Duncan Rawlinson - Duncan.co/Flickr

The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping

For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.