The U.K. government’s immigration policies broke its own equality laws and led to Black residents with the right to live in the U.K. being deprived of welfare benefits and even deported, a public watchdog found. The Home Office, in charge…
Read MoreMonopoly Power Lies Behind Worst Trends in U.S., Fed Study Says
The concentration of market power in a handful of companies lies behind several disturbing trends in the U.S. economy, like the deepening of inequality and financial instability, two Federal Reserve Board economists say in a new paper. Isabel Cairo and…
Read MoreTucker Carlson: Equality under law is slipping away
Tucker Carlson Tonight – Friday, July 31 With America’s institutions under relentless attack — and in some cases crumbling — it’s worth thinking through what we’d like to save from the ashes. When the revolution finally ends. what do we…
Read MoreLow-Income American Households Suffer Inflation Shock From Virus
The coronavirus is inflicting a price shock on low income Americans that risks further driving up inequality. In a study released this week, Bloomberg Economics estimated higher grocery and housing costs for lockdown necessities meant those households whose incomes are…
Read MoreReopening Reversed, Brazil’s Inequality, USTR Ethics: Eco Day
Welcome to Friday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get you through to the day: U.S. governors are reversing plans to reopen their states as the country registered the biggest-ever jump in coronavirus cases,…
Read MoreThe Stock Market Feeds the Racial Inequality It’s Free to Ignore
Over the past few weeks, as outraged crowds marched through the streets of America to demand an end to systemic racism, the country’s stock investors were busy bidding up the market at a dizzying clip. At its height, with curfews…
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