Robert Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and Senior Fellow at the Blum Center for Developing Economies. He has served in three national administrations, including as Secretary…
EU Seeks Up to 300 Million More Pfizer-BioNTech…
A vial of the Pfizer-BioNTech Covid-19 vaccine and syringes at a vaccination center in Wurzburg, Germany. Photographer: Alex Kraus/Bloomberg Photographer: Alex Kraus/Bloomberg The European Union is negotiating with Pfizer Inc. and BioNTech SE on a…
U.S. Holiday Retail Sales Rose 3%, Driven by…
Photographer: Christopher Dilts/Bloomberg Photographer: Christopher Dilts/Bloomberg U.S. holiday season sales beat low expectations for the pandemic year as online shopping surged. Total retail sales grew 3% over the extended 75-day holiday period, versus a forecast…
Top five EPI blog posts of 2020
Posted December 15, 2020 at 8:00 am by Krista Faries Top five EPI blog posts of 2020 In 2020, we saw fissures of inequality become chasms, while aging unemployment systems shut workers out. Education was…
Top 10 EPI reports of 2020
Posted December 14, 2020 at 8:00 am by Lora Engdahl Top 10 EPI reports of 2020 Staying safe. Educating our children. Having a say in workplace conditions. Fighting for fair wages when systemic racism, consolidated…
Emerging-Market Bears Are Hard to Find After $5…
Emerging-market watchers may be confident the rally will continue into 2021, but it’s the roll-out of vaccination programs that concerns them the most. A Bloomberg survey of 63 investors, strategists and traders found the efficacy…
The economy President-elect Biden is inheriting: More than…
Posted December 4, 2020 at 2:05 pm by Heidi Shierholz The economy President-elect Biden is inheriting: More than 26 million workers—15.5% of the workforce—are being directly hurt by the coronavirus downturn Today was, perhaps astonishingly,…
Mystery Surrounds $7 Billion Outflow From Vanguard S&P…
A record outflow from one of Vanguard Group’s biggest exchange-traded funds is stirring speculation over who was behind it and why. More than $7 billion was pulled from the $172 billion Vanguard S&P 500 ETF…
Tech Stocks Slowly Gaining Prominence in Singapore’s Market
Singapore’s government is rolling out the red carpet for top talent in the technology sector. Photographer: Nicky Loh/Bloomberg Photographer: Nicky Loh/Bloomberg Technology stocks, the lack of which has made Singapore one of Asia’s worst markets…