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Category Archives: Economy

New emoji approved to help express the anguish of 2020

The Verge – ‘Face with spiral eyes’ is how we are all feeling: “This year has been hard. Wildfire smoke has engulfed the West Coast, hundreds of thousands are dead from an ongoing pandemic, and the US government is deadlocked to the point of illegitimacy, incapable of taking action against the economic, political, ecological, and medical devastation that threatens to engulf us. Even for those not directly affected, the perception of the ongoing crises has turned into a kind of psychic assault, challenging the limits of what we can express. Fortunately, a new crop of emoji has just been approved by the Unicode Consortium to help out. They probably won’t reach your phone until 2021, but they’re clearly influenced by the chaos of the year, whether it’s “face exhaling” (clearly exhausted), “face in clouds” (smoke?), or “heart on fire” (self-explanatory). I’m particularly taken by the “face with spiral eyes” emoji, submitted by Google emoji czar Jennifer Daniel…”

Trump paid $750 in federal income taxes year he won presidency. Nothing at all in 10 of the previous 15 years.

Records Obtained by The Times After Years of Secrecy “The Times has obtained tax-return data for President Trump extending over more than two decades. It tells a story fundamentally different from the one he’s sold to the public – revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.… Continue Reading

It Took COVID Closures to Reveal Just How Much Libraries Do Beyond Lending Books

Observer “Since the early 19th Century, public libraries in the United States and throughout the world have thrown open their doors to people from all backgrounds, offering the gift of reading, supporting education and encouraging a sense of community. Sadly, some of the services offered have been undervalued in recent years—with budget cuts both in… Continue Reading

COVID-19 Liability: Tort, Workplace Safety, and Securities Law

CRS report via LC – COVID-19 Liability: Tort, Workplace Safety, and Securities Law, September 24, 2020: “Although the COVID-19 pandemic is still unfolding, a number of plaintiffs have already filed lawsuits seeking compensation for COVID-19-related injuries. Some stakeholders have expressed concern that the risk of COVID-19-related lawsuits threatens a range of businesses and other entities… Continue Reading

Substantial underestimation of SARS-CoV-2 infection in the United States

CDC COVID-19 Science Update released September 22, 2020 – “Key Findings: By April 18, 2020, the estimated cumulative SARS-CoV-2 incidence in the US was ~2%. The number of estimated cumulative SARS-CoV-2 infections was 8.6 times the number of confirmed infections: 6,454,951 vs 751,245. 84% of the difference between estimated cumulative and reported confirmed cases was… Continue Reading

Your state’s Covid-19 epidemic explained in 5 maps

Vox – These maps show how your state is doing. “America’s national Covid-19 epidemic continues, with the country’s daily new cases still higher than most developed nations and the nation recently surpassing 200,000 deaths due to the disease. At the state level, things can look even worse than the national picture. Public health experts look… Continue Reading

Recession’s Hit to Cities Varies Widely

Center for Retirement Research – Boston College: “The COVID-19 recession is unlike anything this country has seen. If the second-quarter contraction were to continue at the same pace for a full year, the economy would shrink by a third! This is the deepest downturn since the Great Depression, and low-income Americans are feeling the brunt… Continue Reading

1Password Brings Virtual Burner Credit Cards to Your Browser

Gizmodo: “At this point, you probably know that you should use some sort of password manager to juggle all your logins across the web. Even if you don’t actually do it, you know you should. Now, 1Password wants to make virtual credit cards an easy obligation with a unique new program. The popular password manager… Continue Reading

Climate Disruption Is Now Locked In. The Next Moves Will Be Crucial

The New York Times – scientists have warned about for years. But there is a second part to their admonition: Decades of growing crisis are already locked into the global ecosystem and cannot be reversed. This means the kinds of cascading disasters occurring today — drought in the West fueling historic wildfires that send smoke… Continue Reading