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Economy – Articles, Analysis, Opinion

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President Biden said he wants to raise capital gains taxes to help pay for his ambitious proposals. AP Photo/Andrew Harnik

What’s a capital gain and how is it taxed?

President Biden wants to raise the capital gains tax that wealthy people pay and use the extra revenue to fund new social spending on children and education.
The FTC put companies that sell AI systems on notice: Cross the line with biased products and the law is coming for you. Maciej Frolow/Stone via Getty Images

FTC warns the AI industry: Don’t discriminate, or else

The Federal Trade Commission is rattling its saber at the technology industry over growing public concern about biased AI algorithms. Can the agency back up its threats?
Recent college graduates owed an average of nearly $30,000 in student loans in 2019. lightspeedshutter/iStock via Getty Images Plus

Student loan debt is costing recent grads much more than just money

Student loan debt can affect not only the financial health of recent grads but also their mental and emotional health. Three scholars weigh in on the greater costs student loans can have on borrowers.
A deforested piece of land in the Amazon rainforest near Porto Velho, in the state of Rondonia, in northern Brazil, on Aug. 23, 2019. Carl De SouzaA/FP via Getty Images

Brazil’s economic crisis, prolonged by COVID-19, poses an enormous challenge to the Amazon

Because Brazil’s economic prosperity in the last two decades is increasingly linked to the Amazon’s good health, restoring the country’s economy is a critical first step toward ending deforestation.
Honduran and Cuban migrants cross the Rio Grande River on the U.S.-Mexico border, June 26, 2019. Carolyn Cole/Los Angeles Times via Getty Images

Cuba’s economic woes may fuel America’s next migrant crisis

The dire conditions that brought waves of Cubans to the US in the 1980s and 1990s are again escalating on the communist island, provoked by Trump-era sanctions and the COVID-19 pandemic.
Researchers have long been searching for a more comprehensive way to assess national progress than GDP. erhui1979 via Getty Images

Pandemic recovery will take more than soaring growth – to fuel a more equitable economy, countries need to measure the well-being of people, too

GDP only measures economic growth – not inequality, poverty or unpaid work like elder care. So researchers in the Netherlands developed a new way for governments to see how people are actually doing.
Wind turbines and fighter jets both rely on imported critical minerals. U.S. Air Force; Dennis Schroeder/NREL

The US is worried about its critical minerals supply chains – essential for electric vehicles, wind power and the nation’s defense

Right now, the nation is almost entirely dependent on other countries for minerals that are used in everything from wind turbines to strike fighters and satellites.