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Economy – Articles, Analysis, Opinion

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Mark Zuckerberg’s company says the kids are all right, but the data it presents is only about how the average social media user is doing. AP Photo/Eric Risberg

The thousands of vulnerable people harmed by Facebook and Instagram are lost in Meta’s ‘average user’ data

Research from Meta and some scientists shows no harm from social media, but other research and whistleblower testimony show otherwise. Seemingly contradictory, both can be right.
Biden reappointed Jerome Powell, seated at left, to head the Fed. Some progressives wanted him replaced with Lael Brainard, seated right. AP Photo/Manuel Balce Ceneta

Jerome Powell keeps his job at the Fed, where he’ll be responsible for preventing inflation from spiraling out of control – without tanking the economy

After weeks of mulling, Biden decided to give Powell another term as Fed chair, which means he will have more influence over the trajectory of inflation than anyone else.
The pandemic has made the affordable housing crisis a lot worse, in part by increasing the rate of evictions. AP Photo/Jeff Roberson

Why building more homes won’t solve the affordable housing problem for the millions of people who need it most

California and other states plan to build more homes in an effort to fix America’s affordable housing problem. But that’s not the main reason housing remains unaffordable for millions of people.
Congress has asked many questions of Meta CEO Mark Zuckerberg but has done little to regulate Facebook. AP Photo/Jacquelyn Martin

3 ways Congress could hold Facebook accountable for its actions

Pressure is mounting on Congress to take action on Facebook. Our panel of experts offers their top priorities: user control of data, banking-like oversight and resources to close the digital divide.