The NBA suspended its season on March 11, citing the coronavirus risk. A force majeure clause in the NBA contract means players could lose money with each canceled game.
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The COVID-19 pandemic is forcing companies, universities and even the NBA to break contracts. What does the law say about liability in a situation like this, and does the money have to be returned?
Families recovered from the Great Depression much more quickly than the Great Recession.
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Philanthropy in the form of financial donations is not a solution to the natural disasters caused by climate change. A new philanthropy of social change is needed.
Philip Pullman thinks this coin needs another comma. What do you think?
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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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Why do even the rich cheat on their taxes? Roesearch suggests some people may be genetically predisposed to break the rules for their own financial gain.
Treasury Secretary Mnuchin is taking ‘extraordinary measures’ to avoid busting the debt ceiling.
AP Photo/Jose Luis Magana
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.
Facebook claims its new cryptocurrency will bring financial inclusion and opportunity to billions, pushing cash further to the fringes. Is that a good thing?
Fed Chair Powell signaled he’s ready to cut rates if necessary.
Reuters/Kevin Lamarque
The Fed is in a tricky position as it signals it may soon cut interest rates to boost the economy, which also risks spurring runaway inflation and even an economic downturn.
Happiness may well be a choice, but it is a difficult choice. And much that might make that choice a little easier depends on the choices of influential others.