“People think digital economy or the future of work, we’re all going to be these hipsters sitting by their computers or driving these luxury cars. That’s not the case with these guys.”
Almost no one ever admits that employers, too, have rights. They’re not obligated, morally, to provide anyone with a “living wage” unrelated to their job performance...
An increasing number of large companies are using data from employees' electronic devices to determine things like when they’re waking up, where they go for coffee in the morning and their whereabouts throughout the entire day...
The black homeownership rate increased for three decades and reached nearly 50% in 2004, but all those gains were wiped out in the last decade, hitting a new record low in 1Q19...
The next US recession (or “epidemic”) will start with a pullback (“outbreak”) in manufacturing, since that’s the most important growth driver for the economies of Michigan, Ohio and Indiana.
Despite almost constant commentary proclaiming that the economy is in great shape (in some desperate attempt to justify record high stock prices), Powell is right to cut rates here and now as incoming data is anything but "great"...
Japan leads the advanced economies in the speed and magnitude of demographic ageing and has the highest debt-to-output ratio. Rising social insurance expenditures are projected to far outpace revenues and to create a fiscal burden.
