On Wednesday, June 27, the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP) held a hearing to discuss the rising cost of health care in the U.S. Several panelists mentioned increasing price transparency as a potential solution to the growing issue. The disclosure of health care prices is by no means a new … Continue reading
Following through on one of his core campaign promises, President Trump ended DACA (Deferred Action for Childhood Arrivals) last year, the Obama era executive order that gives work permits to undocumented immigrants who arrived in the country as children. Starting September 5th, 2017, Congress had six months to come up with a replacement before the … Continue reading
We had 1G, 2G, 3G and 4G, and now we are at the brink of deploying 5G. 4G was an extension and update to 3G, but to say that 5G is an extension of 4G is completely misguided. 5G has the potential to completely change the user experience. 5G will be making improvements upon existing … Continue reading
by Finn D. Reynolds On April 6th, U.S. Citizenship and Immigration Services (USCIS) announced it had reached the 65,000 H-1B visa cap for 2019, as well as the 20,000 cap for advanced degree petitioners. This comes just five days after USCIS started accepting H-1B petitions, and marks the sixth consecutive year that it reached the … Continue reading
The single strongest indicator of the opioid crisis is drug overdoses, which have grown rapidly in recent years due to opioid dependency. The rise in overdose deaths has been driven by opioid dependency, fueled by over prescription. Between 1999 and 2015, prescription opioid sales per capita rose 356 percent[1]. During that period, opioid-related deaths quadrupled. … Continue reading
One of the most reliable recession indicators is the yield curve, which measures the spread between short and long duration bond yields. A steeper curve, or when long term yields exceed short term yields, is usually associated with higher inflation and economic expansion. Contracting yield spreads, in contrast, usually suggests slower growth and tighter monetary … Continue reading
Yesterday, the Chinese Ministry of Commerce imposed retaliatory tariffs on 128 U.S. products totaling $3 billion “in order to safeguard China’s interests and balance the losses caused by the U.S.” The tariffs, initially threatened in March, are the Chinese response to the Section 232 measures on steel and aluminum imposed by President Trump earlier that … Continue reading
Congress and the President just passed a new spending bill, and just as with the previous bills this year it’s likely to set off some fireworks on Capitol Hill and beyond. But wait. Didn’t we just pass a large spending bill? Technically yes. President Trump signed the Bipartisan Budget Act of 2018 in February, which … Continue reading
Photo: SPLOID, Jesus Diaz, 2014 Space Exploration Technologies Corp., also known as SpaceX, was founded almost 16 years ago with the intention to reduce space transportation costs and begin the colonization of Mars. Founder, Elon Musk, faced some challenges getting the company off the ground, including facing bankruptcy in 2008 after three failed launches. However, Musk’s … Continue reading
Photo courtesy of House Ways and Means Committee. By Rahee Jung and Finn D. Reynolds Executive Summary: Recent polls reveal that millennials support U.S. engagement in free trade agreements more than all other age demographics. Policymakers should take note of this trend, and further engage the United States in free trade agreements to grow the economy … Continue reading
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