Economy

Elizabeth Warren greets Jerome Powell

Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account

With the Silicon Valley Bank collapse, the senator demands an independent investigation of the Fed, and says Powell should not continue as its chair.

Mar 21, 2023 / John Nichols

We Cannot Countenance Windowless Bedrooms

We Cannot Countenance Windowless Bedrooms We Cannot Countenance Windowless Bedrooms

Sunlight is not an amenity; it’s a basic human necessity.

Mar 21, 2023 / Kate Wagner

James Reimer without mask

The NHL Stares Down Bigotry—and Blinks The NHL Stares Down Bigotry—and Blinks

James Reimer’s refusal to wear a Pride jersey during warm-ups of a game was not religious. It was political.

Mar 20, 2023 / Dave Zirin

The Dartmouth Organic Farm

Do University Farms Truly Teach Sustainability? Do University Farms Truly Teach Sustainability?

The number of student food gardens has risen dramatically at prestigious urban and suburban colleges, but these campus farms should be wary of overstating their impact.

Mar 20, 2023 / StudentNation / Rachel Brooks

Workers pack mangoes into boxes at a factory in Tapachula

How US Policy Has Trapped Migrant Workers in an “Open-Air Prison” in Mexico How US Policy Has Trapped Migrant Workers in an “Open-Air Prison” in Mexico

Thanks to US border restrictions, thousands of migrants are stuck indefinitely in Chiapas, harvesting the fruits that Americans can’t get enough of.

Mar 20, 2023 / Feature / Esther Honig

DALL-E's passable attempt at a modernist apartment block.

No, AI Is Not “Disrupting” Architecture No, AI Is Not “Disrupting” Architecture

It’s just making it that much less interesting.

Mar 17, 2023 / Kate Wagner

Barney Frank at news conference

Democrats Face a Terrible Reckoning on Bank Bailouts  Democrats Face a Terrible Reckoning on Bank Bailouts 

Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.

Mar 17, 2023 / Jeet Heer

Sir Francis Bacon

Just Because ChatBots Can’t Think Doesn’t Mean They Can’t Lie Just Because ChatBots Can’t Think Doesn’t Mean They Can’t Lie

Or that they haven’t already started to pollute Google searches. And if publishers win their lawsuit against the Internet Archive, verifying facts and quotes will get a lot harder.

Mar 17, 2023 / Maria Bustillos

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity

With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.

Mar 17, 2023 / Doug Henwood

Federal Reserve Chair Jerome Powell Testifies Before The Senate Banking Committee

The Latest Banking Crisis Is Brought to You by the Federal Reserve The Latest Banking Crisis Is Brought to You by the Federal Reserve

There’s a lot of blame to go around for the failure of the Silicon Valley Bank. But the Fed’s myopic attitude towards inflation bears much of the responsibility.

Mar 17, 2023 / Sasha Abramsky

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