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Best of 2020: Immigration Reads You May Have Missed

Best of 2020: Immigration Reads You May Have Missed by  Andrew Good As the curtain closes on 2020, the NumbersUSA staff who work as part of the Media Standards Project have each pulled together a list of 10 noteworthy media items from the year that advanced a healthy, civil, productive conversation on immigration-related issues. These pundits and reporters provided their consumers with high-quality commentary and information, allowing the space to explore nuances, trade-offs, and policy prescriptions with intellectual integrity. It is an encouraging fact that there were a number of pieces and writers we considered writers who didn t make any of our lists, but also had worthy cases.

Well, That s a Relief -- The Capital Note

Senator Pat Toomey (R., Pa.) during a hearing on Capitol Hill in Washington, D.C., December 10, 2020 (Alex Wong/Reuters) Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: Relief at last (plus added waste), the wisdom (or not) of lockdowns, bubble watch, chicken sandwich mania, and an antitrust refresher. Relief, the States, and Restraining the Fed So, a “stimulus” package has finally been passed, although it is better understood (and justified) as a relief package, even if it contains some extras typical of what comes slouching into view every time Washington is handing out large slugs of money.

The Capital Letter: Week of December 14

The Capital Letter: Week of December 14 Andrew Stuttaford © Jonathan Ernst/Reuters So, as I write (12:31 p.m.), it’s still wait and see when it comes to a stimulus package. Stocks slipped from record highs on Friday as lawmakers rushed to bridge differences on additional coronavirus stimulus measures. The Dow Jones Industrial Average fell about 150 points, while the S&P 500 dipped 0.4%. The Nasdaq Composite traded 0.1% lower. All three indexes touched new intraday highs in morning trading after closing at records in the previous session. Leaders on Capitol Hill said they are close to an agreement that would provide $900 billion in additional aid. The talks, which have stretched on for months, are up against the wire, with federal funding lapsing at 12:01 a.m. ET on Saturday.

The Capital Letter: Week of December 7

The Capital Letter: Week of December 7 Andrew Stuttaford © Carlo Allegri/Reuters The NASDAQ market site displays an AirBnb sign featuring CEO Brian Chesky on their billboard on the day of the company s IPO in Times Square in New York City, December 10, 2020. Yes, U.S. markets have been a little weaker in the last few days, and as I write (11:55 a.m.), are down again this morning, but signs of a bubble aren’t too difficult to find. There is, for example, the continuing demand for “blank-check” companies or, less euphemistically, SPACs (special purpose acquisition companies). There’s been more than $125 billion in special purpose acquisition company, or SPAC, merger activity this year, more than quadrupling the 2019 total. And it’s only expected to accelerate in 2021.

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