Money and Computing
Lawmakers Look to Curb Foreign Influence in State Elections: Would They Bar Political Spending By Businesses In Which Non-US citizens Have a Significant Ownership Stake?
The ride-hailing company Uber, along with its competitor Lyft, together spent $9 million on a 2016 ballot initiative in Austin, Texas, that would have overturned the city’s requirement that drivers for the companies undergo fingerprint-based background checks. The Chinese ride-hailing company Didi invested $100 million in Lyft, and Uber announced a few weeks after the election that Saudi Arabia had secured a 5 percent stake in the company with a $3.5 billion investment. more »
Jo Freeman writes: "A Day Without Women" borrowed it's theme from "A Day Without Immigrants" on Feb. 17, which was new. Many people interpreted it as a call to strike. "Women Strike!" was proclaimed from the top of the arch in New York City's Washington Square. That was old. In 1970, Betty Friedan called for a Women's Strike on August 26, to commemorate the 50th anniversary of the US Woman Suffrage Amendment and announce a new women's movement to the world. Leaders of the NOw quickly scrambled to interpret that as a "do your own thing" strike. They organized a march down New York's Fifth Ave., which was the first time in decades that women marched to demand women's rights in the US. more »
Elaine writes: To ease a potential departure from a city I have lived in nearly my entire life, and from dear friends and relatives, I'm considering the move a gift and opportunity which I never got with Min — to assure there are no scenes or stings left over from my daughters' childhoods that they lug, or drop on a therapist's couch. And although I believe, and you likely do, too, that my daughters and I have an enviable and uncommon bond, do we really know their truths? more »
Chairman Yellen: The economy has essentially met the employment portion of our mandate and inflation is moving closer to our 2 percent objective. This outcome suggests that our goal-focused, outlook-dependent approach to scaling back accommodation over the past couple of years has served the US economy well... Indeed, at our meeting later this month, the Committee will evaluate whether employment and inflation are continuing to evolve in line with our expectations, in which case a further adjustment of the federal funds rate would likely be appropriate. more »