Evie Fordham News site Upworthy, known for its “You won’t believe what happened next” headlines, let go of more than 30 employees because of “an increasingly challenging media environment,” according to parent company Good Media Group. The layoffs come as Upworthy editor-in-chief Liz Heron resigned Thursday, and co-founder/board member Eli Pariser resigned in late July, reported…
Kyle Perisic Facebook has begun meetings with some of the largest banks in the U.S. in order to develop its own online store on the platform and is asking the banks for customers’ financial data. Some of the banks include Citigroup, JPMorgan Chase, U.S. Bancorp, and Wells Fargo — while other banks were reportedly in…
A 2017 study found that 66 percent of Democrats view economic inequality as a “very big” problem, and 93 percent believe it to be at least a “moderately big” problem. And it’s not just the public – politicians like Bernie Sanders and Elizabeth Warren have frequently argued that the wealthy elite of society represent a…
Since it was introduced in 1968, the Nobel Memorial Prize in Economic Sciences has been awarded to 79 individuals for their contributions to different branches of economics. Yet not all of them were economists by training. Here are three contributions that earned their authors the Nobel Prize in a field that wasn’t initially theirs. 1….
Tim Pearce The Seattle city council voted 7-2 to repeal its less-than-a-month-old ‘head tax’ on the city’s businesses Tuesday in a win for employers, The Seattle Times reports. On May 15, the council unanimously approved an annual tax of $275 per employee to fund housing programs for the city’s homeless population. The tax was expected to net…
Jessica Kramer The U.S. saw a 30-year record low for birth rates in 2017, but the country’s increasingly prosperous economy could soon lead to a surge in childbirth. A Gallup poll showed 70 percent of American adults on average preferred having three or more children between 1938 and 1968, according to the New York Post. But…
Julia Cohen To celebrate the “International Day of Solidarity With Antifascist Prisoners” on July 25, New York City Antifa linked it’s latest merch. “THIS WEDNESDAY!! JULY 25TH!! IS THE INTERNATIONAL DAY OF SOLIDARITY W/ ANTIFASCIST PRISONERS!! … Ideas for ways to show your solidarity can be found on our blog,” New York City Antifa tweeted on Monday….
A common criticism of Bernie Sanders is that “he doesn’t know anything about economics.” If only he had studied economics in college, some say, he would realize how destructive and illogical socialism is. However, if progressive heroine Alexandria Ocasio-Cortez’s recent interview on PBS’s “Firing Line” is any indication, a degree in economics is no longer…
Starting in 2019, the city of Stockton will join San Francisco and Oakland in testing a “Universal Basic Income” (UBI) program that could eventually be expanded to a state or national level. The official website for the initiative explains: “The [program] will provide at least 100 Stocktonians with a Guaranteed Income of $500 per month for 18…
Julia Cohen President Donald Trump’s White House expense cuts might save up to $22 million for American taxpayers compared to the Obama administration. The president refused to take a salary, and also cut spending on first lady Melania Trump’s staff, according to a Forbes report. Melania Trump only has 10 staffers. In contrast, former first lady…