On March 27, 2020, Congress approved an economic relief plan to stimulate small businesses severely affected by the shelter-in-place order, and the subsequent economic downturn, amid COVID-19. The relief plan is known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which incorporates expanded unemployment insurance, a paycheck protection program, a refundable payroll tax […]

The European Banking Authority had planned to launch its fifth stress test this year. The results were supposed to be announced by July 31, 2020. However, before the Authority could start this practice drill, it was hit by the real and bigger economic shock—the financial impact of the novel COVID-19. The effect of COVID-19 has […]

Governments and citizens around the globe are working hard to fight the COVID-19 pandemic. However, this is not only a fight against the virus, but also against the anxiety that the virus caused. Day by day, the psychological war against the virus escalates by the leakage of fake news. Fake news has been used for […]

On Friday March 20, with little fanfare and much difficulty, the Olympic flame made it to the city of Ishinomaki, Japan. In the days prior, the Japanese delegation tasked with bringing the flame was first forced to quarantine for two weeks and afterwards received the flame in an empty stadium in Greece. Onlookers were similarly […]

Throughout the nation, companies and universities have responded to the coronavirus pandemic by transitioning to virtual classes and meetings. One crucial platform aiding this transition is Zoom, a video conferencing application whose userbase has skyrocketed in the past few weeks. The platform saw a surge in upwards of 200 million daily users in March. Unfortunately, […]

COVID-19 has impacted lives across the globe and people are spending a lot of their time at home. With no movie theaters, bars, and lively restaurants open, many Americans are finding other ways to deal with this time of uncertainty. In an article written by Ella Koeze and Nathaniel Popper of the New York Times, […]

How is artificial intelligence (A.I.) useful to combat a health pandemic? Consider the significance of computer systems that mimic human intelligence to perform difficult tasks – and autonomously self-improve based on information they collect – at a rapid speed. With the recent injection of A.I. in the biotechnology industry, it has become increasingly apparent how […]

Twitter CEO and co-founder Jack Dorsey recently survived activist hedge fund Elliott Management Corp’s efforts to oust him from his position. By increasing its stake in Twitter to over 4%, Elliott leveraged its ownership to compel changes within the company. However, Elliott’s push to remove Dorsey was settled rather quickly, and a Cooperation Agreement that […]

Over the past ten years, the U.S. music industry has completely transformed into a digitally driven business. According to data compiled by the Recording Industry Association of America, in 2009 59% of U.S. music industry revenues were driven by physical CD sales whereas streaming brought in a mere 5%. Fast-forward to 2019 and physical CD […]

The California Consumer Privacy Act (CCPA) went into effect January 1, 2020 granting California consumers new rights regarding the commercial use of their personal data. Specifically, the CCPA gives Californians the right to: request a copy of the personal data a company has collected about them, ask the company to delete their personal data, and […]