Glenn Medical Center in Willows lost a critical federal designation that would have kept its ER open, say officials.

China launches sweeping probe into Mexican tariffs as trade war widens on.ft.com/4gFBqQS

Restricting visas doesn’t lead to hiring non-immigrants—it leads to hiring foreigners. For every H-1B visa rejection, multinationals add ~0.4–0.9 foreign employees, especially in R&D hubs like India, China, and Canada. via @florianederer.bsky.social

🚨New Working Paper🚨 "Common Ownership Around the World"📈🌍 We analyze common ownership in 49 countries from 2005 to 2019 and show that it is widespread and rising globally.

Cutting US humanitarian aid is a humanitarian disaster. www.nytimes.com/2025/09/20/o...

People should understand that this is a big deal.

Mississippi has suspended data collection for Pregnancy Risk Assessment Monitoring System (Prams), a national database that has been integral to policymaking on maternal and infant health for nearly four decades www.theguardian.com/us-news/2025...

"Vaccines are safe. They are life-saving, and I would encourage any parent who is concerned about whether or not their child should get a vaccine to talk to their pediatrician to understand the benefits of these life-saving medical products..." — Former CDC director Susan Monarez

A spectacular discussion: www.nytimes.com/2025/09/18/o...

I have waited my entire life to dig into the details of the preliminary benchmark revision on national television, and today -- thanks to our unique political moment -- I had the chance to explain it all in excruciating detail, and I loved every moment.

"Among those detained were South Korean employees on business travel.... "The raid could raise concerns for South Korean companies that are sending personnel to the US and hiring locally." It comes weeks after Hyundai pledged $26 billion in US investments. Gift link ⬇️ www.wsj.com/us-news/u-s-...

#econsky econbrowser.com/archives/202...

G Corsetti, S Lloyd, and D Ostry analyse the US$ depreciation following the 'Liberation Day' tariff announcement and find that while the depreciation is consistent with earlier findings, the sustained rise in long-term Treasury yields is unprecedented. cepr.org/voxeu/column... #EconSky

Calling-in vs calling-out: www.pbs.org/newshour/sho...

Multiple postal services around Europe say they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties.

Icymi, another recent statement by Lisa Cook: www.cbsnews.com/amp/news/fed...

Will the Brussels Effect survive? www.nytimes.com/2025/08/18/o...

???! www.foxbusiness.com/politics/tru...

Economists have extensively studied the effects of mass deportation on labor market opportunities for US natives. Mass deportation under the Obama Administration *reduced* job opportunities for natives on net, by reducing overall business activity. I review the research here—>

Watch me awkwardly explain how the U.S. is racing to build the infrastructure for AI dominance, spending over $70 billion each quarter, but new tariffs on semiconductors could make this much more expensive. www.youtube.com/watch?v=e0qT... @csis.org

JPMORGAN: “.. the [One Big Beautiful Bill Act] will increase the total deficit from 6.4% of GDP to 6.8% while providing no fiscal stimulus nor labor market boost. Essentially, the bill fails to offset the growth headwinds created by tariffs ..

Regularly scheduled revisions of statistical releases make data MORE reliable, not less reliable. Why bother putting out the earlier releases if continued refinement and revision is expected? So that govt has the earliest possible info when things go wrong: www.congress.gov/crs-product/...

This analysis puts some numbers on it: econweb.ucsd.edu/muendler/dow...

Am Econ Assn speaks out about firing the #BLS Commish. "It is standard practice for statistical estimates to be revised as [better] data become available. These revisions reflect the commitment of statistical agencies to accuracy, transparency, and methodological rigor--not failure or bias."

Statement from the largest economics association about the BLS firing As context: AEA approximately never makes such public statements This is a big deal

Really, really bad. And really, really mystifying in its blatant disregard for science, medicine, health, education, etc. www.wsj.com/politics/pol...

A comprehensive state-of-play on tariff plans and negotiators’ view of US dollar movements www.cbsnews.com/amp/news/how...

Dramatic changes to the Vaccine Injury Compensation Program could drive drugmakers from the market, threatening access to shots, experts say. “If (Kennedy’s) unstated goal is to basically destroy the vaccine industry, that could do it.” By @sheinvestigates.bsky.social

I don't think we are paying enough attention to the impact of Trump's tariffs on the economies of foreign countries. A global recession is a possibility here.

Global equity flows into the US have plunged in 2025, BofA says, as the trade war fuels doubts about American exceptionalism.

Tariffs *have* shown up in the data (just not at total CPI level) #econsky econbrowser.com/archives/202...

Trump’s Immigration Crackdown Hits Senior Care Work Force www.nytimes.com/2025/07/18/u...

BREAKING: Scientists are staging a “science fair” in the lobby of a Congressional building to tell elected officials about the critical knowledge the US will lose because their research grants have been canceled.

Dowd quotes Ken Burns cautioning against demagoguery: “When you see somebody making a ‘them,’ you have to be careful… I hope that what we do… is try to put the ‘us’ into the U.S.” www.nytimes.com/2025/07/05/o...

A “Striking” Trend: After Texas Banned Abortion, More Women Nearly Bled to Death During Miscarriage www.propublica.org/article/texa...

Venezuelan President Nicolás Maduro has intensified his crackdown on independent economists and consultants, detaining at least eight people in what critics call a bid to control data exposing the country's decline. www.bloomberg.com/news/article...

So people complaining about the federal government in LA are a rebellion against the federal government, but takeover of the Capitol building in DC to disrupt the certification of an election is just a protest?

New working paper on Medicaid, based on Medicaid expansions, finds: *Medicaid reduced mortality hazard for new enrollees by 21% *expansions were cost-effective *lack of health insurance explains about 5-20% of the mortality disparity between high- & low-income Americans www.nber.org/papers/w33719

Academic freedom in the United States has found itself periodically under siege, but the current attacks from the federal government raise a new level of alarm. nyer.cm/u405qvQ

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China www.nytimes.com/interactive/...

Listen to @budgetlab.bsky.social's @marthagimbel.bsky.social on the @theatlantic.com podcast episode that explores the impact of tariffs and consumer behavior.

🧵 (1/6) ‪Tax Policy Center, @budgetlab.bsky.social‬@taxpolicycenter, and PennWharton all have new analyses of the House bill; they paint a remarkable picture of a starkly regressive bill. Cuts to Medicaid/SNAP exacerbate the regressive pattern of the tax increases, making quite a picture.

“it would also mark the first time in the history of SNAP that the federal government would no longer ensure children in every state have access to food benefits” www.cnbc.com/2025/05/21/s...