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Category Archives: Economy

Black Mortgage Applicants Denied 84% More Often than White Borrowers

Zillow: “The Black homeownership rate has rebounded modestly from recent lows, but remains below its early 2000s peak as racial disparities in the mortgage and housing markets widened throughout the early part of the pandemic, according to a Zillow analysis of data from the Home Mortgage Disclosure Act (HMDA). The mortgage denial rate was 84%… Continue Reading

Google, Amazon, Meta and Microsoft Weave a Fiber-Optic Web of Power

WSJ: “To say that Big Tech controls the internet might seem like an exaggeration. Increasingly, in at least one sense, it’s literally true. The internet can seem intangible, a post-physical environment where things like viral posts, virtual goods and metaverse concerts just sort of happen. But creating that illusion requires a truly gargantuan—and quickly-growing—web of… Continue Reading

When It Comes to Living With Covid, Businesses Are on Their Own

The New York Times: “Companies looking for an official rule book on pandemic precautions will be disappointed. The Biden administration’s nationwide coronavirus vaccine mandate has been overturned. The Centers for Disease Control and Prevention is facing criticism for its shifting guidance on isolation times. And just as cases surge to record levels, tests are scarce… Continue Reading

2022 Edelman Trust Barometer

2022 Edelman Trust Barometer: “The world is failing to meet the unprecedented challenges of our time because it is ensnared in a vicious cycle of distrust. Four interlocking forces drive this cycle, thwarting progress on climate change, global pandemic management, racism and mounting tensions between China and the U.S. Left unchecked, the following four forces, evident… Continue Reading

Big Tech foes launch ‘campaign-style’ initiative to push for antitrust legislation

Washington Post: “Tech giants in the past decade have funneled hundreds of millions of dollars into lobbying, advertising, polling and research to advance their political interests in Washington. Now some of their top adversaries are forming a plan to use that same playbook to press Congress to pass bills that would place new limits on… Continue Reading

The Global Leader Ideology dataset

Center for Data Innovation: “Bastian Herre, a researcher at the U.K.-based nonprofit Our World in Data, has released a dataset of the economic ideologies of political leaders. The dataset lists the political leaders of 182 countries every year from 1945 to 2020 and classifies their economic ideology as leftist, centrist, rightist, or non-ideological. According to… Continue Reading

Home Ownership More Affordable Than Renting in Majority of U.S. Housing Markets

“ATTOM, curator of the nation’s premier property database, today released its 2022 Rental Affordability Report, which shows that owning a median-priced home is more affordable than the average rent on a three-bedroom property in 666, or 58 percent, of the 1,154 U.S. counties analyzed for the report. That means major home ownership expenses consume a… Continue Reading

The true cost of Amazon’s low prices

Vox/Recode: “On the heels of yet another year of record sales, Amazon is dealing with a couple of unwelcome updates in the new year. The Senate Judiciary Committee has announced it will soon be marking up the American Innovation and Choice Online Act, an antitrust bill targeting Amazon and other Big Tech companies. This follows… Continue Reading

Striking findings from 2021

Pew – “…here are some of Pew Research Center’s most striking research findings from the past year. These 15 findings cover subjects ranging from extreme weather to the COVID-19 pandemic and ongoing demographic shifts in the United States. And they represent just a small slice of the year’s full list of research publications…” Continue Reading

What Personality Are You? How the Myers-Briggs Test Took over the World

The Guardian: “I am a born executive. I am obsessed with efficiency and detached from my emotions. I share similarities with Margaret Thatcher and Harrison Ford. I am among 2% of the general population, and 1% of women. People like us are highly motivated by personal growth, and occasionally ruthless in the pursuit. We make… Continue Reading

GAO Report on Virtual Currencies

Virtual Currencies: Additional Information Could Improve Federal Agency Efforts to Counter Human and Drug Trafficking. Published: Dec 08, 2021. Publicly Released: Jan 10, 2022. “This is a public version of a sensitive report that GAO issued in September 2021. Therefore, this report omits sensitive information and data on selected federal agencies’ activities to counter human… Continue Reading

Global Risks and Global Economic Prospects Reports 2022

World Economic Forum: “In the Global Risks Report 2022, we share the results of the latest Global Risks Perception Survey (GRPS) in the context of the current global outlook, followed by an analysis of growing divergences in the areas of climate transition, cybersecurity, mobility, and outer space. We examine the tensions arising from such divergence,… Continue Reading