Links to my recent work. Please click on the image to read the entire story.
CTV News (Data journalist)
Infographic: Respirator masks are best against Omicron, but are there other options?
As the Omicron variant continues its rapid spread, medical experts are recommending the use of respirator masks, which are more effective at filtering out particles in the air.
But N95s are expensive, and not practical for everyone. CTVNews.ca explains the differences in masks and which one might be right for you.
Analysis: The income you need to buy a house in these major Canadian cities
How much do you need to earn in order to be able to afford a Canadian home
How Canada's inflation compares with other G20 nations
Amongst the advanced G20 economies, the U.K. faces the second-highest inflation of 11.1 per cent, after Italy recorded 12.8 per cent in October 2022.
Canada’s current inflation rate was 6.9 per cent in October, matching the 6.9 per cent recorded in September.
Bar race: Inflation across G7 nations
Analysis: Interest rates vs. inflation rates: How the G7 countries compare to Canada
Interactive: 50 years after expulsion
On Aug. 4, 1972, President Idi Amin declared that Uganda had no room for “the over 80,000 Asians holding British passports who are sabotaging Uganda’s economy and encouraging corruption.”
Interactive: Expulsion of Ugandan Asians
Uganda today hosts the largest number of refugees in Africa – more than a million, in fact, and the country is known as one of the most hospitable nations for refugees .
But five decades ago, this was not the case.
On Aug. 4, 1972, President Idi Amin declared that Uganda had no room for “the over 80,000 Asians holding British passports who are sabotaging Uganda’s economy and encouraging corruption.”
The expulsion decree forced the exodus of nearly every Ugandan of South Asian descent within 90 days. We mapped out the journeys of six expelled South Asian families who shared their success stories after arriving in Canada.
Service Canada doubled its efforts in summer to reduce passport wait times; did it work?
Five months back, Service Canada experienced an unprecedented volume of applications which increased passport processing times, forcing Canadians to wait in long lines. The agency doubled its efforts to expedite processing times.
But did it work?
Recent data provided to CTV News show it did, with a nearly 90 percent increase in passports issued in October compared with May, when the backlog was at its worst.
Canada's critical 'skills gap' problem explained in 6 charts
Remote work, a looming recession, labour shortage, immigration delays, and skills gap in the workforce have created a very unique jobs market in Canada.
According to a report by Statistics Canada, more than half of Canadian businesses said that their current workforce was not fully proficient to perform jobs at the required level.
We created six graphs to help explain Canada’s skills gap and what can be done to bridge it.
Helium shortage 4.0 continues, and it's not just bad for party balloons
The shortage of helium arises from limited sources of supply and also geopolitics. The war in Ukraine, fires, and explosions in helium plants, indefinite shutdowns, delays in plant operations, and the embargo on Qatar are some of the reasons for a global helium shortage.
This leaves two regions in Canada with a unique opportunity.
Inflation, staff shortages mean bumpy road to recovery for most restaurants in Canada
Rising costs across the country are hitting industries in different ways.
But restaurants are getting hit exceptionally hard.
Inflation, coupled with labour shortage and low foot traffic means that the food services industry has a long way to go before it becomes fully profitable.
Age - big factor for immigration applicants to Canada
At first glance, age is not highlighted as a major criterion by Immigration, Refugees and Citizenship Canada / Immigration, Réfugiés et Citoyenneté Canada, (IRCC).
But for certain programs—such as the Federal Skilled Worker Program or Canadian Experience Class — the importance of being young becomes quite explicit, especially for applicants touching the 40s threshold.
Consecutive interest rate hikes could lead to global recession in 2023: World Bank
Canada’s inflation touched 7% in August- a fall from 7.6% in July.
The Bank of Canada has been raising interest rates to curb inflation. But experts at The World Bank are now warning that such consecutive interest rate hikes by central banks across the world could lead to a global recession which may significantly damage the recovery of emerging economies.
Bank of Canada hikes interest rate by 75 basis points, anticipates another increase
The Bank of Canada raised its overnight rate by 75 basis points, moving its policy rate to 3.25 per cent from 2.5 per cent. Since March, the bank has increased its policy rate by 300 basis points -- the fastest pace since the mid-1990s -- in an attempt to bring inflation back to its mandated two per cent target.
The bank attributes the war in Ukraine, ongoing COVID-19 lockdowns in China and volatile commodity prices as the main drivers of elevated global inflation.
Canadian wages tick up but still lag far behind inflation
Although Canada's inflation is down to 7.6 per cent — it remains high, especially when we compare wages earned for those working in certain sectors such as construction and health care.
Dramatic increase in Canadian residents travelling overseas since last June: StatCan
Travel delays, frustration around flight cancellations, border restrictions, and lost baggage, all compounded by staff shortages, have done little to curb the enthusiasm of Canadian travelers.
A recent report by Statistics Canada shows that the number of trips made by Canadian residents—overseas and to the U.S.—grew seven-fold in June 2022 in comparison to June 2021.
COVID-19 hospitalizations due to Omicron are vastly underreported: grassroots organization
Recent figures based on this analysis show that expected #hospitalizations from #omicron could be 70 per cent higher on average than what has been reported since Dec. 2, 2021. The difference is also significant for Omicron deaths, which are expected to be 51 percent higher than reported.
300,000 Canadians at 'severe' or 'moderate' risk of gambling problems
While problem gambling affects a small minority of the Canadian population, more than 300,000 are at “severe” or “moderate risk” for gambling-related problems, according to a Statistics Canada study of gambling behavior.
Last month was 6th hottest July on record in 143 years
New data from NOAA: National Oceanic & Atmospheric Administration show that last month was the 6th hottest July on record in 143 years.
“What we are seeing is that even a small temperature increase in the average global temperature can lead to big changes in extreme weather events,” Ahira Sanchez-Lugo, a global climate expert at NOAA's National Centers for Environmental Information, told CTV News.
Higher probability of recession in G7 nations amid ‘gloomy’ global economy: IMF report
Higher probability of recession in G7 nations amid ‘gloomy’ global economy, according to the International Monetary Fund report.
Some of the world's largest economies- the U.S., China and the Euro area faced a downgrade, with Canada's economy expected to fall to 1.8% next year from a projected 3.4% this year.
How Japan's record on gun violence compares with other G7 nations
The assassination of former Japanese Prime Minister Shinzo Abe shocked the nation of 125 million people where gun violence is very rare compared with other G7 nations.
Japan has some of the most stringent gun laws in the democratic world, with strict regulations in place when it comes to owning guns. According to Small Arms Survey, an independent research firm based in Geneva, Japan is also one of few countries where civilian gun ownership has been on a decline, in a world where the total number of civilian firearms appears to be going up, according to latest available data from 2017.
How Japan's record on gun violence compares with other G7 nations
Japan has some of the most stringent gun laws in the democratic world, with strict regulations in place when it comes to owning guns.
The assassination of former Japanese Prime Minister Shinzo Abe shocked the nation of 125 million people where gun violence is very rare compared with other G7 nations.
'Most stressful experience': Express Entry draws resume, but long waits take toll
Labour shortage: Food, hotel industries continue to be hardest hit by lack of workers
Despite record low levels of unemployment across Canada, many sectors are suffering from labor shortages in the second quarter of 2022, with restaurants and #hotels continuing to be amongst the worst hit.
According to a new survey by Statistics Canada, nearly two-thirds (64 percent) of businesses in accommodation and food services said they would face labor shortages in the next three months – the largest proportion across all other sectors.
Where Canada stands in the world if the global economy weakens
A recent report by the Organization for Economic Cooperation and Development shows a grim projection of the global economy, torn by the COVID-19 pandemic and Russia’s war against Ukraine.
'Our lives have come to a screeching halt': Canada's immigration backlog reaches 2.4M
Long processing times and a lack of communication and transparency are some of the many issues highlighted by families that reached out to CTV News. In its emailed statement, IRCC said it is working to improve the level of service at the Client Support Centre (CSC).
Between April 2021 and March 2022, its CSC communication lines received over 10.5 million inquiries (8.6 million by telephone and 1.9 million by email).
Majority of Canadians adjusting spending habits to pay for daily expenses: survey
With the cost of living becoming more expensive every day, most Canadians are adjusting their #spendinghabits— by either cutting back on expensive items, postponing big purchases, borrowing from friends, or pulling from their savings.
According to a recent survey by Statistics Canada, a majority of Canadians—nearly 75%—have had to change their spending habits in order to meet daily expenses due to rising costs, with nearly half opting to delay purchases and more than a quarter resorting to borrowing money from friends and relatives.
Nurses more likely to quit in next 3 years, health worker survey finds
A new study released by Statistics Canada shows that one in four nurses plan on quitting in the next three years.
Increased health risks from the #covid_19 exposures, heavy workloads, #staffing shortage, and the need to wear #ppe for long periods of time are some of the challenges that have impacted the mental health status of health care workers during the #pandemic
Canada inflation: How we compare to other G7 nations
A deep data dive to analyze and visualize where Canada and the rest of the G7 economies stand when it comes to inflation.
Canada confronts a massive immigration backlog.
Canada continues to be one of the top destinations for immigrants around the world. But the increasing backlogs, exhausting processing times and lack of communication and transparency are causing mounting frustrations among those seeking their Canadian dream.
Interactive: Canadian urban skies turn lethal for migratory birds
CTV News looked at bird collisions in the Toronto area, a major conduit for migratory birds, and where thousands of collisions have been reported even in recent years.
Canada's opioid crisis: How families of overdose victims are coping
Over the course of time, the alarming data around Canada’s rising opioid numbers have brought nothing but anguish. The reasons for the rising opioid death toll are many—from an illicit supply of toxic street drugs, stigma preventing people to seek help early, isolation, and the lack of available evidence-based treatments. We look at the numbers and the families grieving behind these numbers.
Russian companies sanctioned by Canada include big banks and a diamond mining giant
CTV News analyzed the financial data of the 32 legal entities that face sanctions from Canada after Russia invaded Ukraine.
Climate change contributes to poorer mental health: study
Concerns and anxiety over climate change are increasingly becoming mental health issues that affect people's everyday lives, a theory researchers say is supported by a new study showing the impact of record-breaking heatwaves in B.C. last summer.
Where Russia-Canada trade relations stand as Ukraine is attacked
As Russia launches an invasion into Ukraine, Canada has responded by imposing more sanctions on Moscow that target oligarchs, Russian banks and export permits. The ITC’s Trade Map shows Canada’s exports to Russia in 2020 totalled $617 million, a third of which included nuclear reactors, machinery, mechanical appliances, and boilers. Other significant exports were helicopters and airplanes, spacecraft, and agricultural machinery.
Supply chain disruptions, shift in consumer behaviour keep inflation elevated in Canada
Using data from Statistics Canada, we created five charts and interviewed economists to help explain why inflation in Canada remains so high amid the continuing effects of the pandemic on the global supply chain.
5 charts that explain how COVID-19 shaped our lives in 2021
After a rough 2020 during the pandemic’s first wave, the year 2021 showed signs of normalcy with access to vaccines, high vaccination rates, and border reopenings. However, the year also faced significant supply disruption due to supply-demand imbalance, followed by a big setback due to a new variant, Omicron towards the year-end.
Our demand for sand is leading to a sustainability crisis: experts
When we talk about depleting natural resources, sand doesn't seem to be high on most people's minds. After all, it seems to be a natural resource in abundance worldwide, on deserts, seabeds and beaches.
But in fact, sand is the third-most exploited natural resource in the world after air and water, according to the United Nations Environment Programme (UNEP), and experts say the management of sand resources could be one of the greatest sustainability challenges of the 21st century.
With more than 500,000 fewer surgeries due to COVID-19, delayed surgeries cost some their lives
Almost 560,000 fewer surgeries were performed between March 2020 and June 2021 due to cancellations and delays, compared with the pre-pandemic period, according to a new report by the Canadian Institute for Health Information (CIHI).
Excess mortality rate spikes in B.C. and Alberta, for reasons beyond COVID-19
Using Statistics Canada data, we compared how excess mortality has shifted since the start of the pandemic, especially in the two most affected provinces of British Columbia and Alberta.
Infographic: Respirator masks are best against Omicron, but are there other options?
As the Omicron variant continues its rapid spread, medical experts are recommending the use of respirator masks, which are more effective at filtering out particles in the air. But N95s are expensive, and not practical for everyone. CTVNews.ca explains the differences in masks and which one might be right for you.
Analysis: The income you need to buy a house in these major Canadian cities
How much do you need to earn in order to be able to afford a Canadian home
How Canada's inflation compares with other G20 nations
Amongst the advanced G20 economies, the U.K. faces the second-highest inflation of 11.1 per cent, after Italy recorded 12.8 per cent in October 2022. Canada’s current inflation rate was 6.9 per cent in October, matching the 6.9 per cent recorded in September.
Bar race: Inflation across G7 nations
Analysis: Interest rates vs. inflation rates: How the G7 countries compare to Canada
Interactive: 50 years after expulsion
On Aug. 4, 1972, President Idi Amin declared that Uganda had no room for “the over 80,000 Asians holding British passports who are sabotaging Uganda’s economy and encouraging corruption.”
Interactive: Expulsion of Ugandan Asians
Uganda today hosts the largest number of refugees in Africa – more than a million, in fact, and the country is known as one of the most hospitable nations for refugees . But five decades ago, this was not the case. On Aug. 4, 1972, President Idi Amin declared that Uganda had no room for “the over 80,000 Asians holding British passports who are sabotaging Uganda’s economy and encouraging corruption.” The expulsion decree forced the exodus of nearly every Ugandan of South Asian descent within 90 days. We mapped out the journeys of six expelled South Asian families who shared their success stories after arriving in Canada.
Service Canada doubled its efforts in summer to reduce passport wait times; did it work?
Five months back, Service Canada experienced an unprecedented volume of applications which increased passport processing times, forcing Canadians to wait in long lines. The agency doubled its efforts to expedite processing times. But did it work? Recent data provided to CTV News show it did, with a nearly 90 percent increase in passports issued in October compared with May, when the backlog was at its worst.
Canada's critical 'skills gap' problem explained in 6 charts
Remote work, a looming recession, labour shortage, immigration delays, and skills gap in the workforce have created a very unique jobs market in Canada. According to a report by Statistics Canada, more than half of Canadian businesses said that their current workforce was not fully proficient to perform jobs at the required level. We created six graphs to help explain Canada’s skills gap and what can be done to bridge it.
Helium shortage 4.0 continues, and it's not just bad for party balloons
The shortage of helium arises from limited sources of supply and also geopolitics. The war in Ukraine, fires, and explosions in helium plants, indefinite shutdowns, delays in plant operations, and the embargo on Qatar are some of the reasons for a global helium shortage. This leaves two regions in Canada with a unique opportunity.
Inflation, staff shortages mean bumpy road to recovery for most restaurants in Canada
Rising costs across the country are hitting industries in different ways. But restaurants are getting hit exceptionally hard. Inflation, coupled with labour shortage and low foot traffic means that the food services industry has a long way to go before it becomes fully profitable.
Age - big factor for immigration applicants to Canada
At first glance, age is not highlighted as a major criterion by Immigration, Refugees and Citizenship Canada / Immigration, Réfugiés et Citoyenneté Canada, (IRCC). But for certain programs—such as the Federal Skilled Worker Program or Canadian Experience Class — the importance of being young becomes quite explicit, especially for applicants touching the 40s threshold.
Consecutive interest rate hikes could lead to global recession in 2023: World Bank
Canada’s inflation touched 7% in August- a fall from 7.6% in July. The Bank of Canada has been raising interest rates to curb inflation. But experts at The World Bank are now warning that such consecutive interest rate hikes by central banks across the world could lead to a global recession which may significantly damage the recovery of emerging economies.
Bank of Canada hikes interest rate by 75 basis points, anticipates another increase
The Bank of Canada raised its overnight rate by 75 basis points, moving its policy rate to 3.25 per cent from 2.5 per cent. Since March, the bank has increased its policy rate by 300 basis points -- the fastest pace since the mid-1990s -- in an attempt to bring inflation back to its mandated two per cent target. The bank attributes the war in Ukraine, ongoing COVID-19 lockdowns in China and volatile commodity prices as the main drivers of elevated global inflation.
Canadian wages tick up but still lag far behind inflation
Although Canada's inflation is down to 7.6 per cent — it remains high, especially when we compare wages earned for those working in certain sectors such as construction and health care.
Dramatic increase in Canadian residents travelling overseas since last June: StatCan
Travel delays, frustration around flight cancellations, border restrictions, and lost baggage, all compounded by staff shortages, have done little to curb the enthusiasm of Canadian travelers. A recent report by Statistics Canada shows that the number of trips made by Canadian residents—overseas and to the U.S.—grew seven-fold in June 2022 in comparison to June 2021.
COVID-19 hospitalizations due to Omicron are vastly underreported: grassroots organization
Recent figures based on this analysis show that expected #hospitalizations from #omicron could be 70 per cent higher on average than what has been reported since Dec. 2, 2021. The difference is also significant for Omicron deaths, which are expected to be 51 percent higher than reported.
300,000 Canadians at 'severe' or 'moderate' risk of gambling problems
While problem gambling affects a small minority of the Canadian population, more than 300,000 are at “severe” or “moderate risk” for gambling-related problems, according to a Statistics Canada study of gambling behavior.
Last month was 6th hottest July on record in 143 years
New data from NOAA: National Oceanic & Atmospheric Administration show that last month was the 6th hottest July on record in 143 years. “What we are seeing is that even a small temperature increase in the average global temperature can lead to big changes in extreme weather events,” Ahira Sanchez-Lugo, a global climate expert at NOAA's National Centers for Environmental Information, told CTV News.
Higher probability of recession in G7 nations amid ‘gloomy’ global economy: IMF report
Higher probability of recession in G7 nations amid ‘gloomy’ global economy, according to the International Monetary Fund report. Some of the world's largest economies- the U.S., China and the Euro area faced a downgrade, with Canada's economy expected to fall to 1.8% next year from a projected 3.4% this year.
How Japan's record on gun violence compares with other G7 nations
The assassination of former Japanese Prime Minister Shinzo Abe shocked the nation of 125 million people where gun violence is very rare compared with other G7 nations. Japan has some of the most stringent gun laws in the democratic world, with strict regulations in place when it comes to owning guns. According to Small Arms Survey, an independent research firm based in Geneva, Japan is also one of few countries where civilian gun ownership has been on a decline, in a world where the total number of civilian firearms appears to be going up, according to latest available data from 2017.
How Japan's record on gun violence compares with other G7 nations
Japan has some of the most stringent gun laws in the democratic world, with strict regulations in place when it comes to owning guns. The assassination of former Japanese Prime Minister Shinzo Abe shocked the nation of 125 million people where gun violence is very rare compared with other G7 nations.
'Most stressful experience': Express Entry draws resume, but long waits take toll
Labour shortage: Food, hotel industries continue to be hardest hit by lack of workers
Despite record low levels of unemployment across Canada, many sectors are suffering from labor shortages in the second quarter of 2022, with restaurants and #hotels continuing to be amongst the worst hit. According to a new survey by Statistics Canada, nearly two-thirds (64 percent) of businesses in accommodation and food services said they would face labor shortages in the next three months – the largest proportion across all other sectors.
Where Canada stands in the world if the global economy weakens
A recent report by the Organization for Economic Cooperation and Development shows a grim projection of the global economy, torn by the COVID-19 pandemic and Russia’s war against Ukraine.
'Our lives have come to a screeching halt': Canada's immigration backlog reaches 2.4M
Long processing times and a lack of communication and transparency are some of the many issues highlighted by families that reached out to CTV News. In its emailed statement, IRCC said it is working to improve the level of service at the Client Support Centre (CSC). Between April 2021 and March 2022, its CSC communication lines received over 10.5 million inquiries (8.6 million by telephone and 1.9 million by email).
Majority of Canadians adjusting spending habits to pay for daily expenses: survey
With the cost of living becoming more expensive every day, most Canadians are adjusting their #spendinghabits— by either cutting back on expensive items, postponing big purchases, borrowing from friends, or pulling from their savings. According to a recent survey by Statistics Canada, a majority of Canadians—nearly 75%—have had to change their spending habits in order to meet daily expenses due to rising costs, with nearly half opting to delay purchases and more than a quarter resorting to borrowing money from friends and relatives.
Nurses more likely to quit in next 3 years, health worker survey finds
A new study released by Statistics Canada shows that one in four nurses plan on quitting in the next three years. Increased health risks from the #covid_19 exposures, heavy workloads, #staffing shortage, and the need to wear #ppe for long periods of time are some of the challenges that have impacted the mental health status of health care workers during the #pandemic
Canada inflation: How we compare to other G7 nations
A deep data dive to analyze and visualize where Canada and the rest of the G7 economies stand when it comes to inflation.
Canada confronts a massive immigration backlog.
Canada continues to be one of the top destinations for immigrants around the world. But the increasing backlogs, exhausting processing times and lack of communication and transparency are causing mounting frustrations among those seeking their Canadian dream.
Interactive: Canadian urban skies turn lethal for migratory birds
CTV News looked at bird collisions in the Toronto area, a major conduit for migratory birds, and where thousands of collisions have been reported even in recent years.
Canada's opioid crisis: How families of overdose victims are coping
Over the course of time, the alarming data around Canada’s rising opioid numbers have brought nothing but anguish. The reasons for the rising opioid death toll are many—from an illicit supply of toxic street drugs, stigma preventing people to seek help early, isolation, and the lack of available evidence-based treatments. We look at the numbers and the families grieving behind these numbers.
Russian companies sanctioned by Canada include big banks and a diamond mining giant
CTV News analyzed the financial data of the 32 legal entities that face sanctions from Canada after Russia invaded Ukraine.
Climate change contributes to poorer mental health: study
Concerns and anxiety over climate change are increasingly becoming mental health issues that affect people's everyday lives, a theory researchers say is supported by a new study showing the impact of record-breaking heatwaves in B.C. last summer.
Where Russia-Canada trade relations stand as Ukraine is attacked
As Russia launches an invasion into Ukraine, Canada has responded by imposing more sanctions on Moscow that target oligarchs, Russian banks and export permits. The ITC’s Trade Map shows Canada’s exports to Russia in 2020 totalled $617 million, a third of which included nuclear reactors, machinery, mechanical appliances, and boilers. Other significant exports were helicopters and airplanes, spacecraft, and agricultural machinery.
Supply chain disruptions, shift in consumer behaviour keep inflation elevated in Canada
Using data from Statistics Canada, we created five charts and interviewed economists to help explain why inflation in Canada remains so high amid the continuing effects of the pandemic on the global supply chain.
5 charts that explain how COVID-19 shaped our lives in 2021
After a rough 2020 during the pandemic’s first wave, the year 2021 showed signs of normalcy with access to vaccines, high vaccination rates, and border reopenings. However, the year also faced significant supply disruption due to supply-demand imbalance, followed by a big setback due to a new variant, Omicron towards the year-end.
Our demand for sand is leading to a sustainability crisis: experts
When we talk about depleting natural resources, sand doesn't seem to be high on most people's minds. After all, it seems to be a natural resource in abundance worldwide, on deserts, seabeds and beaches. But in fact, sand is the third-most exploited natural resource in the world after air and water, according to the United Nations Environment Programme (UNEP), and experts say the management of sand resources could be one of the greatest sustainability challenges of the 21st century.
With more than 500,000 fewer surgeries due to COVID-19, delayed surgeries cost some their lives
Almost 560,000 fewer surgeries were performed between March 2020 and June 2021 due to cancellations and delays, compared with the pre-pandemic period, according to a new report by the Canadian Institute for Health Information (CIHI).
Excess mortality rate spikes in B.C. and Alberta, for reasons beyond COVID-19
Using Statistics Canada data, we compared how excess mortality has shifted since the start of the pandemic, especially in the two most affected provinces of British Columbia and Alberta.
Puget Sound Business Journal (Data reporter)
When the tables turned on this food truck operator, his customers rallied support
For Reis Llaneza and his family, the last couple of weeks have been an emotional roller coaster.
Llaneza runs a food truck, The Box on Wheels, and owns a restaurant, The Box & Burgers Eatery, in Kirkland.
The food truck — a passion project that Llaneza had spent close to $100,000 to get rolling — is parked for the foreseeable future.
“I started this new year thinking, this is it — we’re going to do this," Llaneza said. "But then COVID-19 came and the tables turned quick."
What really goes into a patent? Money and time.
From startups to established companies, all inventions need to be protected.
To protect any invention, a patent, trademark, copyright, marketing plan, trade secrets or combination of these is required. The United States Patent and Trademark Office (USPTO) outlines this process with a range of costs depending on the patent types and the size of the company pursuing the patent.
Demand spikes for skilled tech workers
Home to some of the largest tech employers in the world, Seattle faces an increasing demand for digital skills.
A recent LinkedIn workforce report highlights the growing skills gap in Seattle, which is one of the biggest after Boston, New York, San Francisco and Los Angeles. For Seattle, the shortage of skills pertains mostly to tech and data related field.
Culture shift helps animal adoption
Ziva took her first flight soon after Hurricane Harvey flooded her hometown of San Antonio. As a 5-year-old Labrador mix, she arrived at Seattle Humane only a few days after the storm hit.
TomboyX’s messaging pushes bold statement and growth
Special Section : Business of Pride
Trade wars could spoil Washington's apple business
Roughly one-third of Washington’s apples are exported, accounting for nearly 90 to 95 percent of all U.S. apple exports, according to the Washington Apple Commission. But as profits fall and the capital necessary for operations increases, growers in Washington’s $2 billion apple industry find themselves in a fragile position.
Law firms join KIND to fight for juvenile justice
Juan escaped his gang “family.” Pablo ran away from an abusive father who beat him. Beatriz was tired of living homeless and hungry.
Though the details of their individual journeys differ, by the time immigrant children reach the U.S.-Mexican border there is one thing they all have in common: “Hope for a second chance at a better life,” said Joanna Boisen, pro bono counsel at Davis Wright Tremaine.
More than half of private school students in Washington attend school in this county
The analysis of the OSPI data aligns with the List of Largest Private Schools published by the Puget Sound Business Journal, which ranks schools by enrollment for the 2017-18 academic year.
Ranked: The wealthiest ZIP codes in Seattle and the Puget Sound region
The wealthiest ZIP codes in the Seattle region are in Medina, Mercer Island and Sammamish.
That's according to the latest Puget Sound Business Journal ranking of ZIP codes in King, Kitsap, Pierce and Snohomish counties.
Despite challenges revenue for PNW Components grows ten-fold
Seattle-based PNW Components is seeing a demand surge during the pandemic, as more people ride bikes to get outside during the pandemic. But with all factories in Taiwan, supply may not be keeping pace with the rising demand.
Culture shift helps animal adoption
Seattle Humane took in hundreds of dogs in the aftermath of hurricanes Harvey, Irma and Maria. As a nonprofit animal shelter, it receives no local, state or federal funding, so fundraising events and donations are crucial for caring for the animals.
Women, minorities own few of Washington’s mid-market companies
Seattle has an innovative spirit that has helped create a breeding ground for startups, but minority- and women-owned representation in mid-market firms remains lacking.
New breed of investor drives megadeals
Megadeals across the country took center stage in 2018 with many firms receiving $100 million or more in investments. But behind the influx of cash, new players have entered the venture capital scene.
The launching cost of a food truck
Operating a food truck can be a way into the restaurant business but licensing and expenses quickly take a bite out of profits.
Inside The Box
When tech campuses closed and events were canceled due to Covid-19, there was nowhere left to park this food truck.
Lost in Numbers - A deep dive into the missing numbers at long-term care facilities
The true toll Covid-19 has taken on long-term care facilities in Washington remains unclear due to insufficient data.
When the tables turned on this food truck operator, his customers rallied support
For Reis Llaneza and his family, the last couple of weeks have been an emotional roller coaster. Llaneza runs a food truck, The Box on Wheels, and owns a restaurant, The Box & Burgers Eatery, in Kirkland. The food truck — a passion project that Llaneza had spent close to $100,000 to get rolling — is parked for the foreseeable future. “I started this new year thinking, this is it — we’re going to do this," Llaneza said. "But then COVID-19 came and the tables turned quick."
What really goes into a patent? Money and time.
From startups to established companies, all inventions need to be protected. To protect any invention, a patent, trademark, copyright, marketing plan, trade secrets or combination of these is required. The United States Patent and Trademark Office (USPTO) outlines this process with a range of costs depending on the patent types and the size of the company pursuing the patent.
Demand spikes for skilled tech workers
Home to some of the largest tech employers in the world, Seattle faces an increasing demand for digital skills. A recent LinkedIn workforce report highlights the growing skills gap in Seattle, which is one of the biggest after Boston, New York, San Francisco and Los Angeles. For Seattle, the shortage of skills pertains mostly to tech and data related field.
Culture shift helps animal adoption
Ziva took her first flight soon after Hurricane Harvey flooded her hometown of San Antonio. As a 5-year-old Labrador mix, she arrived at Seattle Humane only a few days after the storm hit.
TomboyX’s messaging pushes bold statement and growth
Special Section : Business of Pride
Trade wars could spoil Washington's apple business
Roughly one-third of Washington’s apples are exported, accounting for nearly 90 to 95 percent of all U.S. apple exports, according to the Washington Apple Commission. But as profits fall and the capital necessary for operations increases, growers in Washington’s $2 billion apple industry find themselves in a fragile position.
Law firms join KIND to fight for juvenile justice
Juan escaped his gang “family.” Pablo ran away from an abusive father who beat him. Beatriz was tired of living homeless and hungry. Though the details of their individual journeys differ, by the time immigrant children reach the U.S.-Mexican border there is one thing they all have in common: “Hope for a second chance at a better life,” said Joanna Boisen, pro bono counsel at Davis Wright Tremaine.
More than half of private school students in Washington attend school in this county
The analysis of the OSPI data aligns with the List of Largest Private Schools published by the Puget Sound Business Journal, which ranks schools by enrollment for the 2017-18 academic year.
Ranked: The wealthiest ZIP codes in Seattle and the Puget Sound region
The wealthiest ZIP codes in the Seattle region are in Medina, Mercer Island and Sammamish. That's according to the latest Puget Sound Business Journal ranking of ZIP codes in King, Kitsap, Pierce and Snohomish counties.
Despite challenges revenue for PNW Components grows ten-fold
Seattle-based PNW Components is seeing a demand surge during the pandemic, as more people ride bikes to get outside during the pandemic. But with all factories in Taiwan, supply may not be keeping pace with the rising demand.
Culture shift helps animal adoption
Seattle Humane took in hundreds of dogs in the aftermath of hurricanes Harvey, Irma and Maria. As a nonprofit animal shelter, it receives no local, state or federal funding, so fundraising events and donations are crucial for caring for the animals.
Women, minorities own few of Washington’s mid-market companies
Seattle has an innovative spirit that has helped create a breeding ground for startups, but minority- and women-owned representation in mid-market firms remains lacking.
New breed of investor drives megadeals
Megadeals across the country took center stage in 2018 with many firms receiving $100 million or more in investments. But behind the influx of cash, new players have entered the venture capital scene.
The launching cost of a food truck
Operating a food truck can be a way into the restaurant business but licensing and expenses quickly take a bite out of profits.
Inside The Box
When tech campuses closed and events were canceled due to Covid-19, there was nowhere left to park this food truck.
Lost in Numbers - A deep dive into the missing numbers at long-term care facilities
The true toll Covid-19 has taken on long-term care facilities in Washington remains unclear due to insufficient data.
TheStreet.com (Contributing writer)
Trump Isolationist Tendencies May Hurt U.S. Companies
Some observers fear that the new president's confrontational manner could lead to trade wars that undermine U.S. business.
Here's What Might Happen to Dodd-Frank Under President Trump
President Trump has vowed to do 'big number' on the Dodd-Frank financial regulation act. Here's what might happen next.
How Amazon.com Is Becoming the Kind of Retailer It Hurt
In what seems like an ironic twist, Amazon.com is setting up bricks-and-mortar stores, but the company has some high-tech tricks up its sleeve that could transform the shopping experience.
The Future of the Federal Reserve Under the Trump Administration
In the coming years, the Fed's board may have many of the president-elect's appointees. Additionally, the Republicans may push for external scrutiny of how the central bank functions.
Why AI Start-Ups Are Seen as Popular Acquisition Targets for 2017
Artificial Intelligence companies drew immense attention this year, with 155 deals closing across 22 countries, a trend that will most likely continue.
3 Key Global Issues That Could Complicate Investors' Lives in 2017
Populist movements in Europe, the aftermath of Brexit and President-elect Donald Trump's vows to change U.S. trade agreements could destabilize the global economy.
3 Successful Start-Ups That Shun the Spotlight
Mixed Leap, Palantir and Moderna Therapeutics have raised huge amounts of capital in their funding rounds.
6 Important Developments in Autonomous Driving and Ride Sharing
The worlds' biggest automakers are strategically funding ride-sharing start-ups.
5 Great Companies in No Hurry to Go Public: Uber, AirBnB and More
The five companies have a combined valuation of nearly $200 billion; by remaining private, they feel insulated from economic uncertainty and market volatility.
3 Ways Getting Rid of Dodd-Frank Would Alter the Financial System
President-elect Donald Trump has said that he wants to dismantle this law, but what would that mean for the regulatory landscape?
Here's How Social-Media Bigs Are Curbing the 'Fake News' Problem
These companies drew a lot of post-election criticism, but they are trying to address the issue.
3 Economic-Related Things to Watch for During a Trump Presidency
Dodd-Frank, the choice of economic advisers and Federal Reserve transparency could be the first of many changes.
4 Features of the Presidential Election and What They Might Mean
The presidential campaign, which is in its final week, has offered an unprecedented number of surprises and been marked by controversy.
Businesses Need Capital, and Here's How They Can Raise It
Last year, venture capitalists invested more than $72 billion in companies. That's nearly triple the amount of seven years ago.
Three Problems That Twitter Will Have to Overcome
The social media company has been unable to generate enough advertising revenue to satisfy investors. The number of Twitter (TWTR) users also isn't growing fast enough.
Good, Bad and Ugly Potential Outcomes of a Falling Pound
Exports may increase, but investors may be hesitant to invest in British markets, and U.K. businesses may face shortages of skilled employees.
Trump Presidency Would Likely Unsettle Markets; Clinton Win Would Not
Equity markets may see significant fluctuations to events that are widely perceived as negative.
Unicorns Could Go Public in Greater Numbers After Snap's 2017 IPO
With highly valued start-ups delaying their initial public offerings, the Snapchat parent's debut may encourage others to follow suit.
Ethics, Not Just Profits, Are Influencing Banks' Share Prices
The Wells Fargo (WFC) scandal has intensified scrutiny on how big banks conduct their business.
VC Update: Investments Seen Hitting a Mammoth $74 Billion in 2016
The volume of deals may have slowed, but the total amount of deal funding to start-ups remains strong.
3 Uncertainties That Bear Watching for Financial Services Stocks
Big bank investors should watch out for banking scandals, changes to regulations and a possible interest rate increase by the Federal Reserve.
IMF Report Finds Non-Banks Strengthen the Impact of Monetary Policy
The report is based on data covering 12 countries and shows that monetary policy had a bigger impact on the economy in countries with larger non-bank sectors.
U.S. Chamber of Commerce Part of 'Dark Money' in Politics Problem, New Report Alleges
The Gilded Chamber 2.0 found that 96% of the nearly $197 million that the U.S. Chamber of Commerce's raised in 2014 came from about 1500 members.
Wells Fargo Scandal Highlights 3 Common Threads About Big Bank Scandals
Banks involved in scandals have paid large fines, but there has also been a lack of accountability among the companies' senior management.
3 Reasons That a Fed Rate Hike Would Be Bad News
The Fed begins its two-day FOMC meeting today and will decide on a possible rate hike.
Fed Leaders' Recent Remarks Reflect Different Perspectives on Rate Hike, Adding to Market Volatility
It now seems more likely that there will be a rate hike in December than next week.
3 Things to Know About 501(c) Groups During This Election Season
Super PACs have dominated outside contributions during this election season, but 501(c) groups such as the American Future Fund and U.S. Chamber of Commerce aren't far behind in political spending.
Fed on Interest Rates Is Just One of 3 Uncertainties Markets Face
The possibility of a rate increase is weighing on investors. However, two more variables may be adding to the confusion.
CFPB Record Fine of Wells Fargo Places Regulatory Agency in the Limelight Again
Democrats credit the Consumer Financial Protection Bureau for reigning in banking excesses, while Republicans say it is unnecessary.
3 Banks That Have Received Huge Fines Related to the 2008 Financial Crisis
Since the 2008 financial crisis, violations in leading banks have led to huge costs and raised concerns about the banking system's integrity.
$1.56 Billion Spent on 2016 Election so Far, Super PACs Leading the Way
The heavy spending is a result of the U.S. Supreme Court's 2010 Citizens United decision.
How Social Media Outreach Is a Key Component in Presidential Campaigns
Social network users have increased from 1.4 billion in 2012 to 2.3 billion in 2016, and that growth is likely to continue.
Agency Charged With Protecting Consumers a Looming Hot Button Issue in Election's Last Months
Republicans say the Consumer Financial Protection Bureau has enriched trial lawyers and created nuisance investigations, but Democrats say it has done a great job of protecting consumers from greedy banks.
U.S. Chamber of Commerce Tops the List of Dark Money Groups Spending on Elections
The U.S. Chamber of Commerce increased spending after the 2010 Citizens United Case. The group has spent more than $18 million this year but kept its donor list secret.
Financial Services Sector Is Spending Heavily in This Year's Elections
The financial sector had taken particular interest in this year's elections because its practices have been the subject of scrutiny.
5 Myths About Money in Politics That May Affect Voters' Decisions
Here are five myths that may lead to miscalculations and overestimation of certain candidates' campaign contributions and affect voters' decisions.
Here Are the 5 Industries Spending the Most on Political Donations
These five industry groups lead in making campaign contributions, and they tend to donate more to Republicans than to Democrats.
Trump's Top 3 Industries for Donations Have Given More to Clinton
The top three industries that are helping GOP presidential nominee Donald Trump finance his campaign have raised a lot more for Democratic nominee Hillary Clinton.
What Republicans and Democrats Have in Common on Wall Street Regulation -- and Where They Differ
Both parties' platforms favor bringing back some version of the Glass-Steagall Act, but they hold different views on Dodd-Frank and big banks.
Outside Groups Supporting Clinton Raising Far More Money Than Pro-Trump Organizations
Outside groups have raised more than $110 million supporting the former secretary of state; her campaign has raised $264 million.
Explaining the Dark Money That Will Influence Election 2016: Trump vs. Clinton
Unlimited contributions have flooded political campaigns, but deeper scrutiny is needed.
Here's How Super PACs Will Have a Major Influence in the Presidential Election
Super PACs are the result of the Supreme Court's 2010 Citizens United decision, and they funnel huge sums of money mostly to Republican candidates but also to Democrats.
3 Issues That Will Be Key for Clinton to Earn Millennial Support
The presumptive Democratic nominee will have to connect with younger voters on economic issues, including student debt and jobs.
3 Major Challenges for Clinton Campaign and for Bernie Sanders
Despite the endorsement of Bernie Sanders, presumptive Democratic presidential nominee Hillary Clinton must convince Bernie Sanders supporters to vote for her.
Democrats Have the Most Progressive Platform in History as Sanders Endorses Clinton
The Vermont senator has locked in deals with the Democratic party on climate change, criminal justice reform and a $15-an-hour minimum wage.
The One Issue Clinton, Trump and Sanders All Agree on
Hillary Clinton, Donald Trump and Bernie Sanders, who has yet to formally end his candidacy, say that the Trans-Pacific Partnership (TPP) trade deal will hurt American business and workers.
3 Growing Problems for Great Britain Post Brexit
It's unclear who will be the next prime minister or if that individual will have the ability to guide Great Britain post-Brexit.
Market's Initial Reaction to Brexit Not Unexpected, History Shows
A selling frenzy often ensues quickly in response to surprising events, while a financial catastrophe usually builds up over time.
3 Big Myths Related to Brexit: Is 'Game of Thrones' in Jeopardy?
The U.K.'s decision to leave the European Union also raises a couple of more serious questions.
What Would Donald Trump's Plans Do to the U.S. Economy? Three Options
Professional economists at Moody's examine what Trump's economic plans would do to the U.S. economy, and their conclusions are not encouraging.
6 Consequences of the Brexit
The long-term economic impact of the referendum vote remains unclear, but the short-term fluctuations have clearly reflected that the outcome was unexpected.
Immigration Among the Key Issues in the Brexit Vote
Those who favor leaving the EU say easy immigration is costing British workers jobs and higher wages, but those who want to stay say that is not the case.
Bernie Sanders Has Lost the Democratic Nomination but He Isn't Done Fighting
The self-described socialist senator from Vermont wants to overhaul America's financial services industry and is committed to defeating Donald Trump in the fall election.
3 Reasons Why Britain’s EU Referendum Is a Bigger Deal Than You Might Think
Britain votes on June 23, 2016, whether to stay in the European Union. A vote in favor of a 'Brexit' would have serious implications around the world.
Here's How the Fed's Interest Rate Decision Affects M&A Activity
The Federal Open Market Committee enters its two-day meeting Tuesday, and whether or not it changes monetary policy may affect the mergers and acquisitions landscape.
3 Signs Clinton, Sanders, Democrats Will Unite to Take On Donald Trump
The primary contest between Hillary Clinton and Bernie Sanders has at times been bare-knuckled, but here are three signs the Democratic Party will unite to defeat Donald Trump.
4 Uncertainties That Could Delay the Fed's Decision to Lift Rates
How the Federal Reserve proceeds depend on a number of factors. Although tightening monetary policy may be in the cards, the time frame for that happening is unclear.
Court Decision to Restore Libor Antitrust Suits Presents Latest Challenge to Big Banks
The banks are accused of manipulating Libor rates for their own benefit.
Here's What Might Happen if There's a 'Brexit' -- and if There Isn't
The UK'S EU membership referendum is on June 23, and while recent polls suggest that Britains are inclined to stay, that's not a sure thing.
How the Three Largest U.S. Banks Got So Big -- And What's Next
Mega-mergers helped the three largest U.S. banks by assets get as large as they are today. How did that happen? And what does it mean going forward?
New Scrutiny of M&A Activity Likely to Cost Investment Bankers
Investment bankers have traditionally earned huge fees for their roles in M&A deals, but those deals may occur less frequently in the current climate.
3 Big Merger Deals That Regulators Challenged and What It Means
In recent years, the Federal Trade Commission and the U.S. Department of Justice have placed obstacles in front of some of the world's largest, proposed mergers.
4 Factors Affecting the Stock Market in a Presidential Election Year
Proposed economic reforms and implemented policies can move stocks.
How Clinton and Sanders Disagree on Addressing 'Too Big to Fail’
Both Democratic presidential candidates want to rein in big banks, but their ideas differ markedly.
Sanders Under Scrutiny for Interview, but His Remarks Tap Into Deep Concern
The Democratic Presidential candidate has echoed the call of Pope Francis for a more 'moral economy.'
Here's What Big Banks Need to Understand About Millennials
Millennials are an important demographic. They're tech-savvy, not terribly loyal to their banks and like simple, easy-to-understand services.
3 Reforms Proposed by Donald Trump That Could Hinder the Economy
The GOP presidential candidate's ideas on immigrants and jobs data, foreign workers and Silicon Valley, and tax reforms and the associated costs could do damage if they are enacted.
Curbing the Influence of Big Banks: 3 Reforms proposed by Sanders
Vermont senator and Democratic presidential candidate Bernie Sanders wants to curb the influence of some of the biggest U.S. banks. Here are three reforms that he has proposed.
5 Potential Consequences of a 'Brexit' -- UK Exit From the European Union
A 'Brexit' could hamper trade and employment and lead to more volatile equity markets.
'Brexit' Would Profoundly Affect Europe and the Rest of the World
The possibility of Britain exiting the European Union (Brexit) has raised concerns both for the United Kingdom and what it would mean for Europe and the rest of the world.
Bernie Sanders Would Help Community Banks, If He Can Win the Election
The number of community banks has declined since the 2008 financial crisis, while big banks have grown more powerful.
Here's How Amazon's Buyback Program Should Drive the Stock Higher
Amazon's changes to its original share repurchase program after six years should be very good news for shareholders.
The Price-to-Earnings Ratio Is Only One Piece of Information Investors Should Consider
A high price-to-earnings (P/E) ratio does not necessarily mean that a stock is overvalued. There are many factors to consider.
Too Big to Fail Banks Return to the Spotlight as the Presidential Election Heats Up
Community banks are disappearing and larger ones are getting larger, despite regulations designed to prevent greed.
Herd Mentality Rumbling Behind Rocky Global Markets
Behavioral Finance Theory holds that investors follow their impulses and don't necessarily heed in-depth analysis when making decisions.
Big Banks and Tiny Fin-Tech Start-ups
Big banks are partnering with tech startups and moving away from traditional banking. But the combination of the two raises serious concerns for the financial system.
Revised Basel Rules May Hurt Bank Profits, but They Should Reduce Market Risk
The Basel Committee on Banking Supervisions revised rules could hurt the bottom lines of banks, but they're also likely to reduce market risk.
How Are Brazil, Russia, India, China, South Africa (BRICS) Doing Amidst Global Economic Turmoil?
Brazil, Russia, India, China and South Africa all face significant challenges in the months ahead.
China Circuit Breakers Are Not Calming Global Economic Concerns
China has suspended trading to limit market sell-offs, but it has not eliminated deep-rooted concerns about its economy.
5 Reasons Why We Are in a Tech Bubble
The recent market volatility highlights tech's vulnerability in 2016. Expect valuations to decline steeply.
Tech Start-ups May Feel the Chill of the Fed’s December Rate Hike
The repercussions of the December hike may soon be felt by many private tech start-ups in 2016.
2015 -- The Year of Yellen, Yuan, Unicorns and Europe
Here are some of the most important market events of 2015, including China's yuan devaluation, Europe's growing crisis, and the first interest rate hike by the Federal Reserve since 2006.
Community Banks May Be 'Too Small to Succeed' in the Current Banking Environment
The decline of community banks is blamed on tight regulations and digitalization of the banking industry. In the current banking environment, community banks may be 'too small to succeed.'
Why Fed's Decision on an Interest Rate Hike Is Different and Complicated This Time
It's different this time for the U.S. Federal Reserve, as it moves to raise interest rates for the first time in nearly a decade.
Here's What the Fed Has Been Doing for the Last 10 Years
The Fed increased the interest rates by 25 basis points -- the first hike since 2006. What has the Fed been doing since then?
3 Reasons to Worry About the Current Crop of Tech Start-ups
Tech start-ups have grown in recent years, with many valued at $1 billion or more. But here are three reasons to worry.
5 Things You Should Know About the Fed's New Rule on Emergency Lending
The new rule places tighter restrictions on the central bank's emergency lending.
Yuan's Inclusion Indicates Greater Confidence in China Economy
The Yuan became the fifth currency included in the IMF's Special Drawing Rights basket. IMF Managing Director Christine Lagarde calls the event 'an important milestone.'
Euro and Dollar Could Reach Parity in 2016
Different policies by the European Central Bank and the Federal Reserve may result in parity between the euro and dollar, although this effect could be short-lived.
3 Reasons Global Markets Could Get Volatile
The Volatility Index (VIX) has already seen a jump in November and markets may get more volatile due to the rising uncertainties across China, U.S., and Eurozone.
Dodd-Frank Law Leaves Questionable Impact on Big Banks
Dodd-Frank aimed to ensure big banks no longer pose a systemic risk to the economy. But the effect of the law is questionable.
Facebook's Third-Quarter Earnings: 3 Things to Watch
A few factors may weigh in on the balance sheet of Facebook, but revenues from its strategic acquisitions and geographical expansion may continue to reflect strongly on its balance sheet.
Is Dodd-Frank Really Killing Community Banks?
Dodd-Frank has tried to address the "too big to fail" issue, but are small banks collateral damage? The amount of actual impact still remains debatable.
Will Quantitative Easing in the Eurozone Work?
Federal Reserve policymakers left rates unchanged at their meeting this week, but the big news was how they left the door open for a rate hike in December.
Will Quantitative Easing in the Eurozone Work?
With current inflation well below target rate, low growth and trouble brewing in emerging markets like China and Russia, the ECB may expand its Quantitative Easing program for the eurozone.
3 Impacts of a Strong Dollar Weigh on Next Week's Fed Meeting
Understanding the dollar's rise against other currencies can help in identifying the possible impact it may have on corporate earnings, stock markets, sales and on the Fed's interest rate decision.
Too Many Rules or Not Enough: The Debate About How to Regulate Banks Continues
Financial regulation is an ongoing subject of debate and likely to be an important economic theme in the 2016 Presidential election.
Trans-Pacific Partnership: Who Stands to Benefit and What Are the Main Concerns?
The Trans-Pacific Partnership is controversial, but part of the problem is that not enough people understand what it says.
3 Big Banking Scandals You Should Know About
If you're new to financial news or investing, here are three recent banking scandals with broad repercussions that you should know about.
Are the Stock Markets Weary of Suspense Over the Fed’s Interest Rate Decision?
Uncertainties and weak jobs report could push the Fed decision to next year. The prolonged decision over interest rates may no longer be a 'surprise' move for the informed markets.
Huge Capital Outflows Leave Emerging Markets With Little Hope
A report this week about capital flowing out of emerging markets is just the latest piece of bad news about emerging-market economies.
5 More Basic Things You Need to Know About Inflation
The role of inflation in Fed's monetary policy remains crucial. While an ideal inflation varies across economies, it becomes important to understand why the Fed does what it does.
5 Basic Facts You Need to Know About Inflation
While a moderate inflation is good for a healthy economy, the problem arises when it's either too high or too low. Inflation control remains one of the Fed's crucial responsibility.
Where China Has Come From and What Happens Next
China's economy has received mixed views. With President Xi's visit to the U.S., it becomes important to analyze whether China is going through an economic turmoil or a financial transition.
Alexis Tsipras and the Big Fat Greek Debt
Greece remains the most volatile country in the Eurozone. With Sunday's win, it seems the voters and creditors will now be closely watching what Alexis Tsipras does for the economy.
Slowdown in China or Recovery in U.S. Bigger Worry for Emerging Markets Economies?
Caught in the middle of two of the world's strongest economies, emerging markets remain vulnerable when these two markets move in different directions and are in different economic phases.
BIS Worries Over Emerging Markets Could Delay Fed Rate Hike
Bank of International Settlements has warned that emerging markets remain a big concern as China's worry deepens. In a global market turmoil, any hasty decision could trigger another financial crisis.
4 Myths About Federal Reserve Interest Rates
As speculation regarding interest rates do the rounds, several myths about the Fed's rates can affect our investment decisions. While some might be true, most are based on unestablished beliefs.
3 Factors Fed Is Watching for Rate Hike
Here are the key factors Federal Reserve policymakers are considering as they prepare to decide whether to start raising interest rates.
A Fed Rate Hike Would Mean Good, Bad and Ugly Outcomes, All at Once
If interest rates are increased by the Federal Reserve in September, expect both positive and negative reactions from borrowers, businesses, stock markets, and economies.
Everything You Need to Know About the Coming Fed Rate Increase
With increased talks about Fed interest rate hike, it's important to understand how monetary policy operates and under what conditions the Fed decides to increase the interest rates.
You Are Probably Confusing Volatility With Risk: 3 Tips to Help You Invest Better
Investors often confuse volatility with risk and can sometimes bypass an investment opportunity during price fluctuations. Three reasons why they need to reconsider using volatility as a proxy for risk.
What You Need to Know About Market Corrections and Bear Markets
What's the difference between a market correction and a bear market, and what should investors be doing with their portfolios right now as stocks slide?
Here Are the 5 Uncertainties Creating Market Disruption
While most of last week’s stock market disruption was prompted by China’s surprise move to devalue its own currency, there are five additional uncertainties that continue to bother the investors.
Trump Isolationist Tendencies May Hurt U.S. Companies
Some observers fear that the new president's confrontational manner could lead to trade wars that undermine U.S. business.
Here's What Might Happen to Dodd-Frank Under President Trump
President Trump has vowed to do 'big number' on the Dodd-Frank financial regulation act. Here's what might happen next.
How Amazon.com Is Becoming the Kind of Retailer It Hurt
In what seems like an ironic twist, Amazon.com is setting up bricks-and-mortar stores, but the company has some high-tech tricks up its sleeve that could transform the shopping experience.
The Future of the Federal Reserve Under the Trump Administration
In the coming years, the Fed's board may have many of the president-elect's appointees. Additionally, the Republicans may push for external scrutiny of how the central bank functions.
Why AI Start-Ups Are Seen as Popular Acquisition Targets for 2017
Artificial Intelligence companies drew immense attention this year, with 155 deals closing across 22 countries, a trend that will most likely continue.
3 Key Global Issues That Could Complicate Investors' Lives in 2017
Populist movements in Europe, the aftermath of Brexit and President-elect Donald Trump's vows to change U.S. trade agreements could destabilize the global economy.
3 Successful Start-Ups That Shun the Spotlight
Mixed Leap, Palantir and Moderna Therapeutics have raised huge amounts of capital in their funding rounds.
6 Important Developments in Autonomous Driving and Ride Sharing
The worlds' biggest automakers are strategically funding ride-sharing start-ups.
5 Great Companies in No Hurry to Go Public: Uber, AirBnB and More
The five companies have a combined valuation of nearly $200 billion; by remaining private, they feel insulated from economic uncertainty and market volatility.
3 Ways Getting Rid of Dodd-Frank Would Alter the Financial System
President-elect Donald Trump has said that he wants to dismantle this law, but what would that mean for the regulatory landscape?
Here's How Social-Media Bigs Are Curbing the 'Fake News' Problem
These companies drew a lot of post-election criticism, but they are trying to address the issue.
3 Economic-Related Things to Watch for During a Trump Presidency
Dodd-Frank, the choice of economic advisers and Federal Reserve transparency could be the first of many changes.
4 Features of the Presidential Election and What They Might Mean
The presidential campaign, which is in its final week, has offered an unprecedented number of surprises and been marked by controversy.
Businesses Need Capital, and Here's How They Can Raise It
Last year, venture capitalists invested more than $72 billion in companies. That's nearly triple the amount of seven years ago.
Three Problems That Twitter Will Have to Overcome
The social media company has been unable to generate enough advertising revenue to satisfy investors. The number of Twitter (TWTR) users also isn't growing fast enough.
Good, Bad and Ugly Potential Outcomes of a Falling Pound
Exports may increase, but investors may be hesitant to invest in British markets, and U.K. businesses may face shortages of skilled employees.
Trump Presidency Would Likely Unsettle Markets; Clinton Win Would Not
Equity markets may see significant fluctuations to events that are widely perceived as negative.
Unicorns Could Go Public in Greater Numbers After Snap's 2017 IPO
With highly valued start-ups delaying their initial public offerings, the Snapchat parent's debut may encourage others to follow suit.
Ethics, Not Just Profits, Are Influencing Banks' Share Prices
The Wells Fargo (WFC) scandal has intensified scrutiny on how big banks conduct their business.
VC Update: Investments Seen Hitting a Mammoth $74 Billion in 2016
The volume of deals may have slowed, but the total amount of deal funding to start-ups remains strong.
3 Uncertainties That Bear Watching for Financial Services Stocks
Big bank investors should watch out for banking scandals, changes to regulations and a possible interest rate increase by the Federal Reserve.
IMF Report Finds Non-Banks Strengthen the Impact of Monetary Policy
The report is based on data covering 12 countries and shows that monetary policy had a bigger impact on the economy in countries with larger non-bank sectors.
U.S. Chamber of Commerce Part of 'Dark Money' in Politics Problem, New Report Alleges
The Gilded Chamber 2.0 found that 96% of the nearly $197 million that the U.S. Chamber of Commerce's raised in 2014 came from about 1500 members.
Wells Fargo Scandal Highlights 3 Common Threads About Big Bank Scandals
Banks involved in scandals have paid large fines, but there has also been a lack of accountability among the companies' senior management.
3 Reasons That a Fed Rate Hike Would Be Bad News
The Fed begins its two-day FOMC meeting today and will decide on a possible rate hike.
Fed Leaders' Recent Remarks Reflect Different Perspectives on Rate Hike, Adding to Market Volatility
It now seems more likely that there will be a rate hike in December than next week.
3 Things to Know About 501(c) Groups During This Election Season
Super PACs have dominated outside contributions during this election season, but 501(c) groups such as the American Future Fund and U.S. Chamber of Commerce aren't far behind in political spending.
Fed on Interest Rates Is Just One of 3 Uncertainties Markets Face
The possibility of a rate increase is weighing on investors. However, two more variables may be adding to the confusion.
CFPB Record Fine of Wells Fargo Places Regulatory Agency in the Limelight Again
Democrats credit the Consumer Financial Protection Bureau for reigning in banking excesses, while Republicans say it is unnecessary.
3 Banks That Have Received Huge Fines Related to the 2008 Financial Crisis
Since the 2008 financial crisis, violations in leading banks have led to huge costs and raised concerns about the banking system's integrity.
$1.56 Billion Spent on 2016 Election so Far, Super PACs Leading the Way
The heavy spending is a result of the U.S. Supreme Court's 2010 Citizens United decision.
How Social Media Outreach Is a Key Component in Presidential Campaigns
Social network users have increased from 1.4 billion in 2012 to 2.3 billion in 2016, and that growth is likely to continue.
Agency Charged With Protecting Consumers a Looming Hot Button Issue in Election's Last Months
Republicans say the Consumer Financial Protection Bureau has enriched trial lawyers and created nuisance investigations, but Democrats say it has done a great job of protecting consumers from greedy banks.
U.S. Chamber of Commerce Tops the List of Dark Money Groups Spending on Elections
The U.S. Chamber of Commerce increased spending after the 2010 Citizens United Case. The group has spent more than $18 million this year but kept its donor list secret.
Financial Services Sector Is Spending Heavily in This Year's Elections
The financial sector had taken particular interest in this year's elections because its practices have been the subject of scrutiny.
5 Myths About Money in Politics That May Affect Voters' Decisions
Here are five myths that may lead to miscalculations and overestimation of certain candidates' campaign contributions and affect voters' decisions.
Here Are the 5 Industries Spending the Most on Political Donations
These five industry groups lead in making campaign contributions, and they tend to donate more to Republicans than to Democrats.
Trump's Top 3 Industries for Donations Have Given More to Clinton
The top three industries that are helping GOP presidential nominee Donald Trump finance his campaign have raised a lot more for Democratic nominee Hillary Clinton.
What Republicans and Democrats Have in Common on Wall Street Regulation -- and Where They Differ
Both parties' platforms favor bringing back some version of the Glass-Steagall Act, but they hold different views on Dodd-Frank and big banks.
Outside Groups Supporting Clinton Raising Far More Money Than Pro-Trump Organizations
Outside groups have raised more than $110 million supporting the former secretary of state; her campaign has raised $264 million.
Explaining the Dark Money That Will Influence Election 2016: Trump vs. Clinton
Unlimited contributions have flooded political campaigns, but deeper scrutiny is needed.
Here's How Super PACs Will Have a Major Influence in the Presidential Election
Super PACs are the result of the Supreme Court's 2010 Citizens United decision, and they funnel huge sums of money mostly to Republican candidates but also to Democrats.
3 Issues That Will Be Key for Clinton to Earn Millennial Support
The presumptive Democratic nominee will have to connect with younger voters on economic issues, including student debt and jobs.
3 Major Challenges for Clinton Campaign and for Bernie Sanders
Despite the endorsement of Bernie Sanders, presumptive Democratic presidential nominee Hillary Clinton must convince Bernie Sanders supporters to vote for her.
Democrats Have the Most Progressive Platform in History as Sanders Endorses Clinton
The Vermont senator has locked in deals with the Democratic party on climate change, criminal justice reform and a $15-an-hour minimum wage.
The One Issue Clinton, Trump and Sanders All Agree on
Hillary Clinton, Donald Trump and Bernie Sanders, who has yet to formally end his candidacy, say that the Trans-Pacific Partnership (TPP) trade deal will hurt American business and workers.
3 Growing Problems for Great Britain Post Brexit
It's unclear who will be the next prime minister or if that individual will have the ability to guide Great Britain post-Brexit.
Market's Initial Reaction to Brexit Not Unexpected, History Shows
A selling frenzy often ensues quickly in response to surprising events, while a financial catastrophe usually builds up over time.
3 Big Myths Related to Brexit: Is 'Game of Thrones' in Jeopardy?
The U.K.'s decision to leave the European Union also raises a couple of more serious questions.
What Would Donald Trump's Plans Do to the U.S. Economy? Three Options
Professional economists at Moody's examine what Trump's economic plans would do to the U.S. economy, and their conclusions are not encouraging.
6 Consequences of the Brexit
The long-term economic impact of the referendum vote remains unclear, but the short-term fluctuations have clearly reflected that the outcome was unexpected.
Immigration Among the Key Issues in the Brexit Vote
Those who favor leaving the EU say easy immigration is costing British workers jobs and higher wages, but those who want to stay say that is not the case.
Bernie Sanders Has Lost the Democratic Nomination but He Isn't Done Fighting
The self-described socialist senator from Vermont wants to overhaul America's financial services industry and is committed to defeating Donald Trump in the fall election.
3 Reasons Why Britain’s EU Referendum Is a Bigger Deal Than You Might Think
Britain votes on June 23, 2016, whether to stay in the European Union. A vote in favor of a 'Brexit' would have serious implications around the world.
Here's How the Fed's Interest Rate Decision Affects M&A Activity
The Federal Open Market Committee enters its two-day meeting Tuesday, and whether or not it changes monetary policy may affect the mergers and acquisitions landscape.
3 Signs Clinton, Sanders, Democrats Will Unite to Take On Donald Trump
The primary contest between Hillary Clinton and Bernie Sanders has at times been bare-knuckled, but here are three signs the Democratic Party will unite to defeat Donald Trump.
4 Uncertainties That Could Delay the Fed's Decision to Lift Rates
How the Federal Reserve proceeds depend on a number of factors. Although tightening monetary policy may be in the cards, the time frame for that happening is unclear.
Court Decision to Restore Libor Antitrust Suits Presents Latest Challenge to Big Banks
The banks are accused of manipulating Libor rates for their own benefit.
Here's What Might Happen if There's a 'Brexit' -- and if There Isn't
The UK'S EU membership referendum is on June 23, and while recent polls suggest that Britains are inclined to stay, that's not a sure thing.
How the Three Largest U.S. Banks Got So Big -- And What's Next
Mega-mergers helped the three largest U.S. banks by assets get as large as they are today. How did that happen? And what does it mean going forward?
New Scrutiny of M&A Activity Likely to Cost Investment Bankers
Investment bankers have traditionally earned huge fees for their roles in M&A deals, but those deals may occur less frequently in the current climate.
3 Big Merger Deals That Regulators Challenged and What It Means
In recent years, the Federal Trade Commission and the U.S. Department of Justice have placed obstacles in front of some of the world's largest, proposed mergers.
4 Factors Affecting the Stock Market in a Presidential Election Year
Proposed economic reforms and implemented policies can move stocks.
How Clinton and Sanders Disagree on Addressing 'Too Big to Fail’
Both Democratic presidential candidates want to rein in big banks, but their ideas differ markedly.
Sanders Under Scrutiny for Interview, but His Remarks Tap Into Deep Concern
The Democratic Presidential candidate has echoed the call of Pope Francis for a more 'moral economy.'
Here's What Big Banks Need to Understand About Millennials
Millennials are an important demographic. They're tech-savvy, not terribly loyal to their banks and like simple, easy-to-understand services.
3 Reforms Proposed by Donald Trump That Could Hinder the Economy
The GOP presidential candidate's ideas on immigrants and jobs data, foreign workers and Silicon Valley, and tax reforms and the associated costs could do damage if they are enacted.
Curbing the Influence of Big Banks: 3 Reforms proposed by Sanders
Vermont senator and Democratic presidential candidate Bernie Sanders wants to curb the influence of some of the biggest U.S. banks. Here are three reforms that he has proposed.
5 Potential Consequences of a 'Brexit' -- UK Exit From the European Union
A 'Brexit' could hamper trade and employment and lead to more volatile equity markets.
'Brexit' Would Profoundly Affect Europe and the Rest of the World
The possibility of Britain exiting the European Union (Brexit) has raised concerns both for the United Kingdom and what it would mean for Europe and the rest of the world.
Bernie Sanders Would Help Community Banks, If He Can Win the Election
The number of community banks has declined since the 2008 financial crisis, while big banks have grown more powerful.
Here's How Amazon's Buyback Program Should Drive the Stock Higher
Amazon's changes to its original share repurchase program after six years should be very good news for shareholders.
The Price-to-Earnings Ratio Is Only One Piece of Information Investors Should Consider
A high price-to-earnings (P/E) ratio does not necessarily mean that a stock is overvalued. There are many factors to consider.
Too Big to Fail Banks Return to the Spotlight as the Presidential Election Heats Up
Community banks are disappearing and larger ones are getting larger, despite regulations designed to prevent greed.
Herd Mentality Rumbling Behind Rocky Global Markets
Behavioral Finance Theory holds that investors follow their impulses and don't necessarily heed in-depth analysis when making decisions.
Big Banks and Tiny Fin-Tech Start-ups
Big banks are partnering with tech startups and moving away from traditional banking. But the combination of the two raises serious concerns for the financial system.
Revised Basel Rules May Hurt Bank Profits, but They Should Reduce Market Risk
The Basel Committee on Banking Supervisions revised rules could hurt the bottom lines of banks, but they're also likely to reduce market risk.
How Are Brazil, Russia, India, China, South Africa (BRICS) Doing Amidst Global Economic Turmoil?
Brazil, Russia, India, China and South Africa all face significant challenges in the months ahead.
China Circuit Breakers Are Not Calming Global Economic Concerns
China has suspended trading to limit market sell-offs, but it has not eliminated deep-rooted concerns about its economy.
5 Reasons Why We Are in a Tech Bubble
The recent market volatility highlights tech's vulnerability in 2016. Expect valuations to decline steeply.
Tech Start-ups May Feel the Chill of the Fed’s December Rate Hike
The repercussions of the December hike may soon be felt by many private tech start-ups in 2016.
2015 -- The Year of Yellen, Yuan, Unicorns and Europe
Here are some of the most important market events of 2015, including China's yuan devaluation, Europe's growing crisis, and the first interest rate hike by the Federal Reserve since 2006.
Community Banks May Be 'Too Small to Succeed' in the Current Banking Environment
The decline of community banks is blamed on tight regulations and digitalization of the banking industry. In the current banking environment, community banks may be 'too small to succeed.'
Why Fed's Decision on an Interest Rate Hike Is Different and Complicated This Time
It's different this time for the U.S. Federal Reserve, as it moves to raise interest rates for the first time in nearly a decade.
Here's What the Fed Has Been Doing for the Last 10 Years
The Fed increased the interest rates by 25 basis points -- the first hike since 2006. What has the Fed been doing since then?
3 Reasons to Worry About the Current Crop of Tech Start-ups
Tech start-ups have grown in recent years, with many valued at $1 billion or more. But here are three reasons to worry.
5 Things You Should Know About the Fed's New Rule on Emergency Lending
The new rule places tighter restrictions on the central bank's emergency lending.
Yuan's Inclusion Indicates Greater Confidence in China Economy
The Yuan became the fifth currency included in the IMF's Special Drawing Rights basket. IMF Managing Director Christine Lagarde calls the event 'an important milestone.'
Euro and Dollar Could Reach Parity in 2016
Different policies by the European Central Bank and the Federal Reserve may result in parity between the euro and dollar, although this effect could be short-lived.
3 Reasons Global Markets Could Get Volatile
The Volatility Index (VIX) has already seen a jump in November and markets may get more volatile due to the rising uncertainties across China, U.S., and Eurozone.
Dodd-Frank Law Leaves Questionable Impact on Big Banks
Dodd-Frank aimed to ensure big banks no longer pose a systemic risk to the economy. But the effect of the law is questionable.
Facebook's Third-Quarter Earnings: 3 Things to Watch
A few factors may weigh in on the balance sheet of Facebook, but revenues from its strategic acquisitions and geographical expansion may continue to reflect strongly on its balance sheet.
Is Dodd-Frank Really Killing Community Banks?
Dodd-Frank has tried to address the "too big to fail" issue, but are small banks collateral damage? The amount of actual impact still remains debatable.
Will Quantitative Easing in the Eurozone Work?
Federal Reserve policymakers left rates unchanged at their meeting this week, but the big news was how they left the door open for a rate hike in December.
Will Quantitative Easing in the Eurozone Work?
With current inflation well below target rate, low growth and trouble brewing in emerging markets like China and Russia, the ECB may expand its Quantitative Easing program for the eurozone.
3 Impacts of a Strong Dollar Weigh on Next Week's Fed Meeting
Understanding the dollar's rise against other currencies can help in identifying the possible impact it may have on corporate earnings, stock markets, sales and on the Fed's interest rate decision.
Too Many Rules or Not Enough: The Debate About How to Regulate Banks Continues
Financial regulation is an ongoing subject of debate and likely to be an important economic theme in the 2016 Presidential election.
Trans-Pacific Partnership: Who Stands to Benefit and What Are the Main Concerns?
The Trans-Pacific Partnership is controversial, but part of the problem is that not enough people understand what it says.
3 Big Banking Scandals You Should Know About
If you're new to financial news or investing, here are three recent banking scandals with broad repercussions that you should know about.
Are the Stock Markets Weary of Suspense Over the Fed’s Interest Rate Decision?
Uncertainties and weak jobs report could push the Fed decision to next year. The prolonged decision over interest rates may no longer be a 'surprise' move for the informed markets.
Huge Capital Outflows Leave Emerging Markets With Little Hope
A report this week about capital flowing out of emerging markets is just the latest piece of bad news about emerging-market economies.
5 More Basic Things You Need to Know About Inflation
The role of inflation in Fed's monetary policy remains crucial. While an ideal inflation varies across economies, it becomes important to understand why the Fed does what it does.
5 Basic Facts You Need to Know About Inflation
While a moderate inflation is good for a healthy economy, the problem arises when it's either too high or too low. Inflation control remains one of the Fed's crucial responsibility.
Where China Has Come From and What Happens Next
China's economy has received mixed views. With President Xi's visit to the U.S., it becomes important to analyze whether China is going through an economic turmoil or a financial transition.
Alexis Tsipras and the Big Fat Greek Debt
Greece remains the most volatile country in the Eurozone. With Sunday's win, it seems the voters and creditors will now be closely watching what Alexis Tsipras does for the economy.
Slowdown in China or Recovery in U.S. Bigger Worry for Emerging Markets Economies?
Caught in the middle of two of the world's strongest economies, emerging markets remain vulnerable when these two markets move in different directions and are in different economic phases.
BIS Worries Over Emerging Markets Could Delay Fed Rate Hike
Bank of International Settlements has warned that emerging markets remain a big concern as China's worry deepens. In a global market turmoil, any hasty decision could trigger another financial crisis.
4 Myths About Federal Reserve Interest Rates
As speculation regarding interest rates do the rounds, several myths about the Fed's rates can affect our investment decisions. While some might be true, most are based on unestablished beliefs.
3 Factors Fed Is Watching for Rate Hike
Here are the key factors Federal Reserve policymakers are considering as they prepare to decide whether to start raising interest rates.
A Fed Rate Hike Would Mean Good, Bad and Ugly Outcomes, All at Once
If interest rates are increased by the Federal Reserve in September, expect both positive and negative reactions from borrowers, businesses, stock markets, and economies.
Everything You Need to Know About the Coming Fed Rate Increase
With increased talks about Fed interest rate hike, it's important to understand how monetary policy operates and under what conditions the Fed decides to increase the interest rates.
You Are Probably Confusing Volatility With Risk: 3 Tips to Help You Invest Better
Investors often confuse volatility with risk and can sometimes bypass an investment opportunity during price fluctuations. Three reasons why they need to reconsider using volatility as a proxy for risk.
What You Need to Know About Market Corrections and Bear Markets
What's the difference between a market correction and a bear market, and what should investors be doing with their portfolios right now as stocks slide?
Here Are the 5 Uncertainties Creating Market Disruption
While most of last week’s stock market disruption was prompted by China’s surprise move to devalue its own currency, there are five additional uncertainties that continue to bother the investors.
Truthout (Contributing writer)
Will a Reactionary Electoral Wave Across Europe Gain Traction With Trump in the White House?
European nations have significantly seen a rise of populist parties. Along with a common stance on protectionism and immigration, these parties hold a collective admiration for President Donald Trump.
Two Laws to Be Repealed, but Are the Replacements Strong?
On January 20, President-elect Donald J. Trump will inherit an economy that looks very different from what President Obama received in 2009.
Wells Fargo’s Predatory Practices Are More Than Petty Frauds
In the wake of the financial crisis of 2008, would-be reformers of Wall Street have largely focused on the problems with letting big financial institutions mix commercial banking with investment banking. But the most recent banking scandal — the revelation that Wells Fargo employees created millions of fake accounts for their customers in order to meet their sales targets — is a reminder that big banks have an enormous drive to misbehave, even within the strict realm of traditional banking activities.
https://truthout.org/articles/do-huge-campaign-contributions-underline-the-power-of-the-elite/
In 2016, the financial sector (comprising of finance, insurance and real estate) has contributed as much as $637 million in 2016 to candidates, candidate committees and outside spending groups, according to the Center for Responsive Politics.
The startling statistics reveal that this sector has dominated the list of largest campaign contributors across 13 sectors since 1990.
The Trans-Pacific Partnership: A Deal That Sanders, Clinton and Trump All Oppose
PART OF THE SERIES: Beyond the Sound Bites: Election 2016
Three Reasons Why “Too-Big-to-Fail” Banks Need to Be Broken Up
The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board jointly released a statement last week that showed that five of eight systemically important banks have failed to provide “credible” living wills.
The Indisputable Role of Credit Ratings Agencies in the 2008 Collapse, and Why Nothing Has Changed
A scene from the Oscar-nominated movie The Big Short depicts the important role of credit ratings agencies during the Great Recession. It shows Melissa Leo as an employee of Standard & Poor’s (one of the big three credit ratings agencies) explaining to Steve Carell (who plays a hedge fund manager) why S&P continues to give AAA ratings to mortgage-backed securities (consisting of junk loans). The answer given by her is: “They’ll just go to Moody’s.”
Why the Next President Must Reform Wall Street
Some of the many reforms suggested by Sen. Bernie Sanders in the 2016 presidential race focus on Wall Street reforms. Along with bridging the wealth inequality gap, he talks about taking some stringent steps to regulate some of the biggest banks by breaking them up.
The Rise of Shadow Banks and the Repeal of the Glass-Steagall Act
Prior to the 2008 financial crisis, the Federal Reserve had an important role – to solely act as a “lender of last resort” to traditional commercial banks. But during the crisis, the financial support was extended to many non-banking firms
Five Scandals That Show Why We Need Structural Reform in the Banking Industry
Multibillion-dollar scandals have continued to occur at big banks across the world, throwing the integrity of the banking system into question.
Will a Reactionary Electoral Wave Across Europe Gain Traction With Trump in the White House?
European nations have significantly seen a rise of populist parties. Along with a common stance on protectionism and immigration, these parties hold a collective admiration for President Donald Trump.
Two Laws to Be Repealed, but Are the Replacements Strong?
On January 20, President-elect Donald J. Trump will inherit an economy that looks very different from what President Obama received in 2009.
Wells Fargo’s Predatory Practices Are More Than Petty Frauds
In the wake of the financial crisis of 2008, would-be reformers of Wall Street have largely focused on the problems with letting big financial institutions mix commercial banking with investment banking. But the most recent banking scandal — the revelation that Wells Fargo employees created millions of fake accounts for their customers in order to meet their sales targets — is a reminder that big banks have an enormous drive to misbehave, even within the strict realm of traditional banking activities.
https://truthout.org/articles/do-huge-campaign-contributions-underline-the-power-of-the-elite/
In 2016, the financial sector (comprising of finance, insurance and real estate) has contributed as much as $637 million in 2016 to candidates, candidate committees and outside spending groups, according to the Center for Responsive Politics. The startling statistics reveal that this sector has dominated the list of largest campaign contributors across 13 sectors since 1990.
The Trans-Pacific Partnership: A Deal That Sanders, Clinton and Trump All Oppose
PART OF THE SERIES: Beyond the Sound Bites: Election 2016
Three Reasons Why “Too-Big-to-Fail” Banks Need to Be Broken Up
The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board jointly released a statement last week that showed that five of eight systemically important banks have failed to provide “credible” living wills.
The Indisputable Role of Credit Ratings Agencies in the 2008 Collapse, and Why Nothing Has Changed
A scene from the Oscar-nominated movie The Big Short depicts the important role of credit ratings agencies during the Great Recession. It shows Melissa Leo as an employee of Standard & Poor’s (one of the big three credit ratings agencies) explaining to Steve Carell (who plays a hedge fund manager) why S&P continues to give AAA ratings to mortgage-backed securities (consisting of junk loans). The answer given by her is: “They’ll just go to Moody’s.”
Why the Next President Must Reform Wall Street
Some of the many reforms suggested by Sen. Bernie Sanders in the 2016 presidential race focus on Wall Street reforms. Along with bridging the wealth inequality gap, he talks about taking some stringent steps to regulate some of the biggest banks by breaking them up.
The Rise of Shadow Banks and the Repeal of the Glass-Steagall Act
Prior to the 2008 financial crisis, the Federal Reserve had an important role – to solely act as a “lender of last resort” to traditional commercial banks. But during the crisis, the financial support was extended to many non-banking firms
Five Scandals That Show Why We Need Structural Reform in the Banking Industry
Multibillion-dollar scandals have continued to occur at big banks across the world, throwing the integrity of the banking system into question.
VentureBeat (Contributing writer covering tech, startups and AI)
The 3 most valuable applications of AI in health care
Artificial intelligence could prove to be a self-running growth engine for the healthcare sector in the not-so-distant future.
Inside China’s growing use of facial recognition technology
As China’s Lunar New Year approaches, citizens and tourists will spot the country’s police force with facial recognition glasses. These glasses will help officials use real-time ID verification to fight crimes during the celebrations around this year’s event. But interestingly, such facial recognition technologies are not new to the people of China.
Google and Apple are in a tight race to acquire the most promising AI startups
Artificial intelligence is quickly becoming an integral part of every tech company’s strategy, so it’s no surprise that big firms are ramping up their acquisition of AI startups.
Black Mirror’s mind-reading tech could be here sooner than you think
Our minds may no longer be a safe haven for secrets. Scientists are working toward building mind-reading algorithms that could potentially decode our innermost thoughts through memories that act as a database.
Meet the French bots bringing sci-fi fantasy closer to reality
Interestingly, the Humans original 2012 Swedish version, Real Humans, attracted a large French audience, and there may be good reasons for that.
Meet the robots caring for Japan’s aging population
Frank is a divorcé who suffers from early symptoms of dementia. Growing weary of weekly visits, his son gifts him a shiny white robot butler designed to handle daily chores and provide health care updates for the aging man.
Does this scenario sound familiar?
AI is transforming medical diagnosis, prosthetics, and vision aids
Though the digital transition in health care remains slow and cautious, in the past five years more than 90 percent of hospitals have transferred from paper-based systems to electronic systems.
Here are three ways AI could transform health care.
Bots are transforming personal banking around the world
Digital banking brought a transformational wave to the banking system. As traditional banking practices slowly adjusted to the wave, artificial intelligence quickly caught up and made the bot market hotter than ever before.
3 companies that want to help you commute in a flying car
Recently, Kitty Hawk (backed by Google’s Larry Page) grabbed attention for showcasing its version of a flying car, which requires no pilot license. In a slick video, the prototype vehicle is seen gliding through the waters before hovering about 15 feet in the air. But interestingly, Kitty Hawk Flyer may not be the only car soaring in the air
5 tech firms racing to invest in AI startups
Through massive investments in artificial intelligence (AI) startups, the world’s leading tech firms are racing to create markets to transform the economic landscape.
The 3 most valuable applications of AI in health care
Artificial intelligence could prove to be a self-running growth engine for the healthcare sector in the not-so-distant future.
Inside China’s growing use of facial recognition technology
As China’s Lunar New Year approaches, citizens and tourists will spot the country’s police force with facial recognition glasses. These glasses will help officials use real-time ID verification to fight crimes during the celebrations around this year’s event. But interestingly, such facial recognition technologies are not new to the people of China.
Google and Apple are in a tight race to acquire the most promising AI startups
Artificial intelligence is quickly becoming an integral part of every tech company’s strategy, so it’s no surprise that big firms are ramping up their acquisition of AI startups.
Black Mirror’s mind-reading tech could be here sooner than you think
Our minds may no longer be a safe haven for secrets. Scientists are working toward building mind-reading algorithms that could potentially decode our innermost thoughts through memories that act as a database.
Meet the French bots bringing sci-fi fantasy closer to reality
Interestingly, the Humans original 2012 Swedish version, Real Humans, attracted a large French audience, and there may be good reasons for that.
Meet the robots caring for Japan’s aging population
Frank is a divorcé who suffers from early symptoms of dementia. Growing weary of weekly visits, his son gifts him a shiny white robot butler designed to handle daily chores and provide health care updates for the aging man. Does this scenario sound familiar?
AI is transforming medical diagnosis, prosthetics, and vision aids
Though the digital transition in health care remains slow and cautious, in the past five years more than 90 percent of hospitals have transferred from paper-based systems to electronic systems. Here are three ways AI could transform health care.
Bots are transforming personal banking around the world
Digital banking brought a transformational wave to the banking system. As traditional banking practices slowly adjusted to the wave, artificial intelligence quickly caught up and made the bot market hotter than ever before.
3 companies that want to help you commute in a flying car
Recently, Kitty Hawk (backed by Google’s Larry Page) grabbed attention for showcasing its version of a flying car, which requires no pilot license. In a slick video, the prototype vehicle is seen gliding through the waters before hovering about 15 feet in the air. But interestingly, Kitty Hawk Flyer may not be the only car soaring in the air
5 tech firms racing to invest in AI startups
Through massive investments in artificial intelligence (AI) startups, the world’s leading tech firms are racing to create markets to transform the economic landscape.
Digitalist (SAP) (Contributor)
Why Banks Need To Collaborate (Not Compete) With Fintech Startups
With the advent of robo-advisors, artificial intelligence (AI), and virtual assistants, the next wave of the financial technology revolution could arrive sooner than anticipated.
Hedge Funds Employ AI To Redefine The Trading Business
Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach.
Why Banks Need To Collaborate (Not Compete) With Fintech Startups
With the advent of robo-advisors, artificial intelligence (AI), and virtual assistants, the next wave of the financial technology revolution could arrive sooner than anticipated.
Hedge Funds Employ AI To Redefine The Trading Business
Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach.
The Borgen Project(Contributing Writer)
Indian Farmers Use AI to Increase Crop Yields
India is an agrarian economy and over 58 percent of the rural households depend on agriculture as their principal means of livelihood. With the recent help of tech giant Microsoft, Indian farmers have begun to use AI to increase efficiency, further encouraging them to harvest a good crop.
Artificial Intelligence Update: Meet the Chatbots in Africa
Businesses are slowly introducing chatbots in Africa, as more local users opt for mobile interactions through social media. At the end of 2015, 46 percent of the African population subscribed to mobile services, which is equivalent to more than half a billion people; interestingly, this percentage is expected to increase to 54 percent in 2020.
Spotlight on African Women in Tech: Ivy Barley
Over the past few years, major tech companies like Facebook, Google, Microsoft and Alibaba have been providing solutions to bridge the skills gap in the region. But while there is a huge attempt to transform their lives, African women in tech struggle to enter the industry.
Inside Elon Musk’s Humanitarian Efforts
Elon Musk is known for his work in revolutionizing space travel, electric cars and even tunnel transportation, but his efforts also reveal his humanitarian side. Musk’s humanitarian efforts have ranged widely, from funding educational projects to helping hurricane victims in Puerto Rico. These are three ways Elon Musk is matching his technological innovations with his philanthropic efforts.
Google’s Tech Initiatives in Africa
In 2017, Google expanded its tech initiatives in Africa. Through training programs, the company is aiming to help African youth acquire digital skills, making them more self-sufficient.
Improving the Economy: Three Fintech Startups in Africa
Financial technology, or fintech, refers to innovations aimed at new ways of delivering financial services. With the goal of changing lives, fintech startups in Africa are moving people forward on a digital route. Fortunately, such firms have no lack of funding.
Alibaba’s Plan to End Poverty in China
Alibaba is a Chinese multinational tech, e-commerce and artificial intelligence conglomerate that was founded in 1999 and has since become one of the ten largest companies in the world. Alibaba’s plan to end poverty in China stems from corporate social responsibility as an integral part of its business model.
Soapply Initiative Funds Sanitation and Hygiene Solutions in Africa
While working in East Africa, Mera McGrew quickly learned that a simple act like washing hands with soap could prevent child mortality. Her initiative, Soapply, addresses the serious issue of clean water, sanitation and hygiene across the globe.
Indian Farmers Use AI to Increase Crop Yields
India is an agrarian economy and over 58 percent of the rural households depend on agriculture as their principal means of livelihood. With the recent help of tech giant Microsoft, Indian farmers have begun to use AI to increase efficiency, further encouraging them to harvest a good crop.
Artificial Intelligence Update: Meet the Chatbots in Africa
Businesses are slowly introducing chatbots in Africa, as more local users opt for mobile interactions through social media. At the end of 2015, 46 percent of the African population subscribed to mobile services, which is equivalent to more than half a billion people; interestingly, this percentage is expected to increase to 54 percent in 2020.
Spotlight on African Women in Tech: Ivy Barley
Over the past few years, major tech companies like Facebook, Google, Microsoft and Alibaba have been providing solutions to bridge the skills gap in the region. But while there is a huge attempt to transform their lives, African women in tech struggle to enter the industry.
Inside Elon Musk’s Humanitarian Efforts
Elon Musk is known for his work in revolutionizing space travel, electric cars and even tunnel transportation, but his efforts also reveal his humanitarian side. Musk’s humanitarian efforts have ranged widely, from funding educational projects to helping hurricane victims in Puerto Rico. These are three ways Elon Musk is matching his technological innovations with his philanthropic efforts.
Google’s Tech Initiatives in Africa
In 2017, Google expanded its tech initiatives in Africa. Through training programs, the company is aiming to help African youth acquire digital skills, making them more self-sufficient.
Improving the Economy: Three Fintech Startups in Africa
Financial technology, or fintech, refers to innovations aimed at new ways of delivering financial services. With the goal of changing lives, fintech startups in Africa are moving people forward on a digital route. Fortunately, such firms have no lack of funding.
Alibaba’s Plan to End Poverty in China
Alibaba is a Chinese multinational tech, e-commerce and artificial intelligence conglomerate that was founded in 1999 and has since become one of the ten largest companies in the world. Alibaba’s plan to end poverty in China stems from corporate social responsibility as an integral part of its business model.
Soapply Initiative Funds Sanitation and Hygiene Solutions in Africa
While working in East Africa, Mera McGrew quickly learned that a simple act like washing hands with soap could prevent child mortality. Her initiative, Soapply, addresses the serious issue of clean water, sanitation and hygiene across the globe.
Seeking Alpha (Contributing Writer)
Snap's Redesign Faces Backlash From Loyalists
Given the current feedback on the redesign, any investment in Snap should be considered risky.
Snap: Use Extreme Caution
In the long run, Snap will need to get aggressive in its monetizing efforts, ensuring alongside that it does not clutter users’ space with too many ads. But Snap's journey in search of profits looks like a long one.
The Power of Amazon Prime
As Amazon aggressively launches Prime across the globe, investors may expect a strong growth opportunity. But even though massive prime membership means good news for investors and Amazon, it comes with a few warning signs.
Starbucks Just Made Your Coffee Experience More Innovative
Along with an aggressive expansion in China, Starbucks wants to elevate the digital and mobile experience.
'Refreshing' Whole Foods May Be Amazon's First Strategy
The Amazon-Whole Foods merger could completely change the way people look and shop at Whole Foods.
Slack Faces Tough Competition From Established Tech Firms
Termed as the “email killer” Slack stands at a current valuation of $3.8 billion (April 2016).
Snap Vs. Instagram: A Tale Of Obsession
The camera company’s biggest challenge has been competing against Facebook (FB) that is a little more than 30 times its size.
Snap Takes Steps To Address The Elephant In The Room
With its recent announcements, Snap may be clearly addressing the elephant in the room.
Amazon's Growing Interest In 'Brick And Mortar' Stores
By acquiring the "brick and mortar" grocery store, Amazon may be paving the path for a new kind of economy.
The Good, The Bad, And The Ugly For Snap Investors
In the long-term, Snap would need to look beyond its current demographic and introduce Instagram-proof features to retain its product exclusivity.
Instagram Could Potentially Be Snap's Biggest Threat
The biggest strength for Instagram is its backing from Facebook, which could potentially threaten Snap's future value and existing user base.
Snap IPO - A Facebook Success Or A Twitter Failure?
Will Snap go the Twitter way or take the Facebook path?
Effects Of A Strong Dollar
In the long run, a surging dollar can get mixed reactions across the US economy.
Snap's Redesign Faces Backlash From Loyalists
Given the current feedback on the redesign, any investment in Snap should be considered risky.
Snap: Use Extreme Caution
In the long run, Snap will need to get aggressive in its monetizing efforts, ensuring alongside that it does not clutter users’ space with too many ads. But Snap's journey in search of profits looks like a long one.
The Power of Amazon Prime
As Amazon aggressively launches Prime across the globe, investors may expect a strong growth opportunity. But even though massive prime membership means good news for investors and Amazon, it comes with a few warning signs.
Starbucks Just Made Your Coffee Experience More Innovative
Along with an aggressive expansion in China, Starbucks wants to elevate the digital and mobile experience.
'Refreshing' Whole Foods May Be Amazon's First Strategy
The Amazon-Whole Foods merger could completely change the way people look and shop at Whole Foods.
Slack Faces Tough Competition From Established Tech Firms
Termed as the “email killer” Slack stands at a current valuation of $3.8 billion (April 2016).
Snap Vs. Instagram: A Tale Of Obsession
The camera company’s biggest challenge has been competing against Facebook (FB) that is a little more than 30 times its size.
Snap Takes Steps To Address The Elephant In The Room
With its recent announcements, Snap may be clearly addressing the elephant in the room.
Amazon's Growing Interest In 'Brick And Mortar' Stores
By acquiring the "brick and mortar" grocery store, Amazon may be paving the path for a new kind of economy.
The Good, The Bad, And The Ugly For Snap Investors
In the long-term, Snap would need to look beyond its current demographic and introduce Instagram-proof features to retain its product exclusivity.
Instagram Could Potentially Be Snap's Biggest Threat
The biggest strength for Instagram is its backing from Facebook, which could potentially threaten Snap's future value and existing user base.
Snap IPO - A Facebook Success Or A Twitter Failure?
Will Snap go the Twitter way or take the Facebook path?
Effects Of A Strong Dollar
In the long run, a surging dollar can get mixed reactions across the US economy.
Truthout (Contributing writer)
Will a Reactionary Electoral Wave Across Europe Gain Traction With Trump in the White House?
European nations have significantly seen a rise of populist parties. Along with a common stance on protectionism and immigration, these parties hold a collective admiration for President Donald Trump.
Two Laws to Be Repealed, but Are the Replacements Strong?
On January 20, President-elect Donald J. Trump will inherit an economy that looks very different from what President Obama received in 2009.
Wells Fargo’s Predatory Practices Are More Than Petty Frauds
In the wake of the financial crisis of 2008, would-be reformers of Wall Street have largely focused on the problems with letting big financial institutions mix commercial banking with investment banking. But the most recent banking scandal — the revelation that Wells Fargo employees created millions of fake accounts for their customers in order to meet their sales targets — is a reminder that big banks have an enormous drive to misbehave, even within the strict realm of traditional banking activities.
https://truthout.org/articles/do-huge-campaign-contributions-underline-the-power-of-the-elite/
In 2016, the financial sector (comprising of finance, insurance and real estate) has contributed as much as $637 million in 2016 to candidates, candidate committees and outside spending groups, according to the Center for Responsive Politics.
The startling statistics reveal that this sector has dominated the list of largest campaign contributors across 13 sectors since 1990.
The Trans-Pacific Partnership: A Deal That Sanders, Clinton and Trump All Oppose
PART OF THE SERIES: Beyond the Sound Bites: Election 2016
Three Reasons Why “Too-Big-to-Fail” Banks Need to Be Broken Up
The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board jointly released a statement last week that showed that five of eight systemically important banks have failed to provide “credible” living wills.
The Indisputable Role of Credit Ratings Agencies in the 2008 Collapse, and Why Nothing Has Changed
A scene from the Oscar-nominated movie The Big Short depicts the important role of credit ratings agencies during the Great Recession. It shows Melissa Leo as an employee of Standard & Poor’s (one of the big three credit ratings agencies) explaining to Steve Carell (who plays a hedge fund manager) why S&P continues to give AAA ratings to mortgage-backed securities (consisting of junk loans). The answer given by her is: “They’ll just go to Moody’s.”
Why the Next President Must Reform Wall Street
Some of the many reforms suggested by Sen. Bernie Sanders in the 2016 presidential race focus on Wall Street reforms. Along with bridging the wealth inequality gap, he talks about taking some stringent steps to regulate some of the biggest banks by breaking them up.
The Rise of Shadow Banks and the Repeal of the Glass-Steagall Act
Prior to the 2008 financial crisis, the Federal Reserve had an important role – to solely act as a “lender of last resort” to traditional commercial banks. But during the crisis, the financial support was extended to many non-banking firms
Five Scandals That Show Why We Need Structural Reform in the Banking Industry
Multibillion-dollar scandals have continued to occur at big banks across the world, throwing the integrity of the banking system into question.
Will a Reactionary Electoral Wave Across Europe Gain Traction With Trump in the White House?
European nations have significantly seen a rise of populist parties. Along with a common stance on protectionism and immigration, these parties hold a collective admiration for President Donald Trump.
Two Laws to Be Repealed, but Are the Replacements Strong?
On January 20, President-elect Donald J. Trump will inherit an economy that looks very different from what President Obama received in 2009.
Wells Fargo’s Predatory Practices Are More Than Petty Frauds
In the wake of the financial crisis of 2008, would-be reformers of Wall Street have largely focused on the problems with letting big financial institutions mix commercial banking with investment banking. But the most recent banking scandal — the revelation that Wells Fargo employees created millions of fake accounts for their customers in order to meet their sales targets — is a reminder that big banks have an enormous drive to misbehave, even within the strict realm of traditional banking activities.
https://truthout.org/articles/do-huge-campaign-contributions-underline-the-power-of-the-elite/
In 2016, the financial sector (comprising of finance, insurance and real estate) has contributed as much as $637 million in 2016 to candidates, candidate committees and outside spending groups, according to the Center for Responsive Politics. The startling statistics reveal that this sector has dominated the list of largest campaign contributors across 13 sectors since 1990.
The Trans-Pacific Partnership: A Deal That Sanders, Clinton and Trump All Oppose
PART OF THE SERIES: Beyond the Sound Bites: Election 2016
Three Reasons Why “Too-Big-to-Fail” Banks Need to Be Broken Up
The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board jointly released a statement last week that showed that five of eight systemically important banks have failed to provide “credible” living wills.
The Indisputable Role of Credit Ratings Agencies in the 2008 Collapse, and Why Nothing Has Changed
A scene from the Oscar-nominated movie The Big Short depicts the important role of credit ratings agencies during the Great Recession. It shows Melissa Leo as an employee of Standard & Poor’s (one of the big three credit ratings agencies) explaining to Steve Carell (who plays a hedge fund manager) why S&P continues to give AAA ratings to mortgage-backed securities (consisting of junk loans). The answer given by her is: “They’ll just go to Moody’s.”
Why the Next President Must Reform Wall Street
Some of the many reforms suggested by Sen. Bernie Sanders in the 2016 presidential race focus on Wall Street reforms. Along with bridging the wealth inequality gap, he talks about taking some stringent steps to regulate some of the biggest banks by breaking them up.
The Rise of Shadow Banks and the Repeal of the Glass-Steagall Act
Prior to the 2008 financial crisis, the Federal Reserve had an important role – to solely act as a “lender of last resort” to traditional commercial banks. But during the crisis, the financial support was extended to many non-banking firms
Five Scandals That Show Why We Need Structural Reform in the Banking Industry
Multibillion-dollar scandals have continued to occur at big banks across the world, throwing the integrity of the banking system into question.