Twitter locked the official account for the Chinese Embassy after a post that defended the Beijing government’s policies of forced sterilization of minority Uighur women (Bloomberg) The tweet, which said Uighur women were no longer “baby-making machines,” was originally shared on Jan. 7, but wasn’t removed by Twitter until more

It appears that former President Trump’s prediction of a “stock market crash” if Biden is elected has not come true…yet (Market Watch) The Dow Jones Industrial Average DJIA, +0.83% and the S&P 500 index SPX, +1.39% on Wednesday rose 0.8% and 1.5%, respectively, for their best Inauguration Day gains since Ronald Reagan took the oath of

Michael Strain at Bloomberg argues that a $15 federal minimum wage that would slow the recovery and devastate many low-wage workers (Bloomberg) …raising the federal minimum wage to $15 would have some upside. The same CBO report that found this policy would eliminate over one million jobs also concluded that

Kathy Kraninger, Director of the Consumer Financial Protection Bureau, posted her resignation letter to Twitter Wednesday, saying she was stepping down according to the wishes of President Joe Biden (Bloomberg) “I have focused on implementing common-sense solutions to complex problems and delivering real value for the American people,” Kraninger said

As Joe Biden was being sworn in as the 46th President of the United States, China imposed sanctions on former Secretary of State Michael Pompeo and other Trump administration officials (Bloomberg) The officials “planned, promoted and executed a series of crazy moves which have gravely interfered in China’s internal affairs,

Roughly 60,000 borrowers were approved for more than $5 billion in forgivable loans during the first week of the reopened Paycheck Protection Program (Wall Street Journal) The average PPP loan size was below $20,000 for first-time borrowers and below $75,000 for second-time borrowers for applications processed through Jan. 17, according