Economists Should Care About the Racial Divide

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Economists Should Care About the Racial Divide

When economists gather in Philadelphia this weekend for their big annual convention, the most important question shouldn't be whether a minimum wage reduces employment, whether tax cuts increase deficits, or whether immigration harms native-born workers. It should be how to get the people in
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Voices What to expect with the new expected credit loss model

In June 2016, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments—Credit Losses (Topic 326). The ASU is the new impairment standard, and caps the second phase of FASB's three-part project on financial instruments. The other
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Oil Rises Toward $61 After Yearly Gains as US Drillers Pause

After capping its second annual gain, oil started 2018 by advancing toward $61 as U.S. drilling activity remained at a standstill following a slip in production and as protests continued in Iran. Futures climbed 0.4 percent in New York after a 3.3 percent increase last week. U.S. drillers targeting crude kept
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STEINHOFF INTERNATIONAL HOLDINGS NV – Restatement of financial statements of subsidiary …

Company?) The Company is providing the following update further to: – its announcement dated 5 December 2017 in which the Company announced that PwC had been approached to undertake an investigation into certain accounting irregularities resulting from the concerns raised by Deloitte; and – its
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A Billionaire Cable Cowboy Is Surrounded

Every cable cowboy has to face the sheriff sometime. Franco-Israeli billionaire Patrick Drahi, a protege of boot-wearing, ranch-owning industry legend John Malone, knows it. After a bruising 2017, where Drahi's trigger hand was shaken by disappointing results and a battering of his company Altice NV's
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