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Covid-19 Business Featured World

Working from home boosted growth by expanding disability employment

Individuals with a disability have remarkably low employment rates compared to the rest of the population. This column examines whether the rapid rise in the ability to work from home post-pandemic has improved disability employment. The authors estimate that in the US working from home has already increased full-time disability employment levels by over a […]

Banking Featured Finance World

Avoiding Kindleberger’s trap: A dollar coalition of the willing

In the event of dysfunction in dollar funding markets, the Federal Reserve can supply liquidity through standing central bank swaps. This column considers a scenario in which the Fed declines to extend such credit. It argues that 14 major central banks hold roughly $1.9 trillion in US safe assets. They could form a dollar coalition […]

Technology Featured World

Google, Meta win court fight against Austrian online content rule

Alphabet’s Google, Meta Platforms and TikTok on Thursday won backing from Europe’s top court in their fight against an Austrian law requiring them to delete hate speech or face fines of up to ($10.69 million). The Austrian law, enacted in 2021 and which obliges Big Tech to publish regular reports of illegal content, comes amid mounting concerns […]