Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
10 YEARS AFTER THE CRISIS. Reporting by Cezary Podkul. Produced by Gabriel Gianordoli, Jess Kuronen, Tyler Paige, Peter Santilli and Hanna Sender. Published March 27, 2018 at 7:30 a.m. ET The financial crisis and the massive federal response reshaped the world we live in. Though the economy is in one of its longest expansions and stock indexes have hit new…
American Keg Company is the only remaining U.S. manufacturer of stainless steel beer kegs. Despite competition from German and Chinese firms, American Keg has only used domestic steel. But now it’s being punished for this domestic sourcing as Donald Trump’s steel tariffs have forced the business to lay off a third of its workforce. Since…
January 24, 2018 01/24/2018 4:19 pm By Eric Levitz@EricLevitz Share The Consumer Financial Protection Bureau (CFPB) was once an agency dedicated to preventing banks and credit-card companies from scamming ordinary Americans. Now, it is an agency dedicated to protecting potential financial scammers from legal penalties. This rebrand is the achievement of one Mick Mulvaney….
President Trump and congressional Republicans have spent much of the past year trying to connect a giddy stock market rally with their economic agenda, but stocks’ precipitous plunge in the past five days has delivered a sobering reality: What goes up can come back down — quickly and with little warning. With Monday’s steep fall,…
Low teacher pay and severe budget cuts are driving schools to the brink FORTY miles from Tulsa, sometimes along unpaved roads, sits Wagoner High School, with its 650 pupils, championship-calibre football team and show barn—a seemingly ordinary small-town school. But unlike most high schools, Wagoner is closed on Mondays. The reason, a severe reduction in…
On the second Tuesday in June, I start to feel fluish. If this is 2016 and I’m still a freelance writer, I’m losing money immediately on the assignments I can’t complete because my vision is blurry and my thoughts are erratic. If this is 2013, I am soon taken off the roster at the cafe…
On Tuesday you may notice new Facebook and Twitter avatars on Washington Post employees’ profiles. They’re a sign of a day of “social media action” organized by the Post‘s Guild, or union, which is eight months into negotiations with Post management over a new contract. The next negotiation session is planned for Wednesday, and the…
Is the world’s largest online retailer underpaying its employees? WHEN Amazon announced in 2010 that it would build a distribution centre in Lexington County, South Carolina, the decision was hailed as a victory for the Palmetto State. Today the e-commerce giant employs thousands of workers at the centre. Just 3.5% of the local workforce is…
Getty The narrative casting Jeff Bezos as a transformative media baron reached new heights in 2017. His Washington Post consistently set the political narrative while claiming two straight years of profitability. Bezos himself glowed on the red carpet as an improbable journalism hero when Steven Spielberg’s The Post, a fictionalized account of the newspaper’s publication…
Image: Jim Cooke/GMG Slate editorial employees voted to unionize on Tuesday after a 10-month battle that saw staffers at the magazine run up against stiff resistance from management. Voters from the proposed 54-person bargaining unit voted to organize by a margin of 45-7. Their union, Writers Guild of America-East, also represents Gizmodo Media Group, which…