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We might call this town our second home been here so many times Kuala Lumpur

It was another amazing 3 hours flight over beautiful Indonesia. We spotted Mount Agung on Bali the crater lake of Mount Ijen and Mount Merapi on Java. There were no clouds no wind just sunshine when we touched down in Kuala Lumpur at 10 am. It was the 6t




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Things I Have Learned The Second Time Around...

While I was upset that I was unable to lockdown travel plans for the weeklong National Holiday...staying in Guilin has given me the opportunity to learn a little bit more about the city and the culture and a few other things as well.1. They save th




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Health vs. Wealth? Public Health Policies and the Economy During Covid-19 -- by Zhixian Lin, Christopher M. Meissner

We study the impact of non-pharmaceutical policy interventions (NPIs) like “stay-at-home” orders on the spread of infectious disease. NPIs are associated with slower growth of Covid-19 cases. NPIs “spillover” into other jurisdictions. NPIs are not associated with significantly worse economic outcomes measured by job losses. Job losses have been no higher in US states that implemented “stay-at-home” during the Covid-19 pandemic than in states that did not have “stay-at-home”. All of these results demonstrate that the Covid-19 pandemic is a common economic and public health shock. The tradeoff between the economy and public health today depends strongly on what is happening elsewhere. This underscores the importance of coordinated economic and public health responses.




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Steering Incentives of Platforms: Evidence from the Telecommunications Industry -- by Brian McManus, Aviv Nevo, Zachary Nolan, Jonathan W. Williams

We study the trade-offs faced by Internet Service Providers (ISPs) that serve as platforms through which consumers access both television and internet services. As online streaming video improves, these providers may respond by attempting to steer consumers away from streaming video toward their own TV services, or by attempting to capture surplus from this improved internet content. We augment the standard mixed bundling model to demonstrate the trade-offs the ISP faces when dealing with streaming video, and we show how these trade-offs change with the pricing options available to the ISP. Next, we use unique household-level panel data and the introduction of usage-based pricing (UBP) in a subset of markets to measure consumers' responses and to evaluate quantitatively the ISP's trade-offs. We find that the introduction of UBP led consumers to upgrade their internet service plans and lower overall internet usage. Our findings suggest that while steering consumers towards TV services is possible, it is likely costly for the ISP and therefore unlikely to be profitable. This is especially true if the ISP can offer rich pricing menus that allow it to capture some of the surplus generated by a better internet service. The results suggest that policies like UBP can increase ISPs' incentive to maintain open access to new internet content.




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Does Economics Make You Sexist? -- by Valentina A. Paredes, M. Daniele Paserman, Francisco Pino

Recent research has highlighted unequal treatment for women in academic economics along several different dimensions, including promotion, hiring, credit for co-authorship, and standards for publication in professional journals. Can the source of these differences lie in biases against women that are pervasive in the discipline, even among students in the earliest stages of their training? In this paper, we provide evidence on the importance of explicit and implicit biases against women among students in economics relative to other fields. We conducted a large scale survey among undergraduate students in Chilean universities, among both entering first-year students and students in years 2 and above. On a wide battery of measures, economics students are more biased than students in other fields. Economics students are somewhat more biased already upon entry, before exposure to any economics classes. The gap is more pronounced among students in years 2 and above, in particular for male students. We also find an increase in bias in a sample of students that we follow longitudinally. Differences in political ideology explain essentially all the gap at entry, but none of the increase in the gap with exposure. Exposure to female students and faculty attenuates some of the bias.




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Germany Prepares for an Economic Downturn

Clouds are gathering on the horizon of the global economy and the risk of a recession is growing. Many experts believe that the international banking system is unprepared and Germany has begun getting ready for the worst.




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Worse than Lehman: Coronavirus Tightens Its Grip on the Economy

It is an unprecedented crisis: The coronavirus pandemic is crippling entire economies, while governments and central banks are deploying all means available to prevent a systemic collapse. How long can we hold out?




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Utah economists expect a tough summer before a winter recovery, as 9,000 more file for unemployment




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Letter: President has jeopardized our recovery




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Letter: Look how clean the air has become




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Another 3.2 million Americans file for unemployment as coronavirus continues to slam U.S. economy

The coronavirus crisis has forced another 3.2 million Americans to file for jobless aid, bringing the total number to 33.5 million in the seven weeks since the pandemic forced millions of companies to close and layoff huge amounts of staff.




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Man called 911 to report 'a black male running down the street’ before Ahmaud Arbery shooting, audio recordings confirm

Audio recordings of two 911 calls placed moments before Ahmaud Arbery was killed confirm that at least two people were concerned that a black man was running in their Georgia neighborhood.




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Record unemployment hits veterans hard, nearly 12% out of work

Veterans are being hit hard by unemployment due to the coronavirus pandemic.




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US data to underscore divide between market and economy

A week packed with US economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown.




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Chambers Ireland urges regional recovery programme

New research from Chambers Ireland shows that the tourism, hospitality, entertainment and local services sectors all show signs of having been particularly negatively hit by the outbreak of Covid-19.




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US economy lost 20.5 million jobs in April

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the coronavirus pandemic is battering the world's biggest economy.




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April unemployment rate jumps to record high of 28.2%

The unemployment rate for April, as measured by the Covid-19 adjusted measure, was 28.2% according to new figures from the Central Statistics Office.




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Losing jobs, saving jobs: As unemployment soars, the nation and individual states try to balance health and economic concerns

The patient, laid up in the ICU, gets sicker. Thursday, 3.2 million more people joined the ranks of the unemployed, bringing to 33.5 million the number of Americans who’ve lost jobs since mid-March. Believe it: One in five of those employed before this living, dying hell began is now seeking jobless benefits.




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Los Angeles mansion sells for about $150M, sets state record

A Los Angeles mansion built in the 1930s and seen in the credits for the TV show "The Beverly Hillbillies" has been sold for about $150 million, the highest home price ever in California.




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Off-duty NYPD cop charged in fatal two-car Brooklyn crash; second driver flees scene

A driver abandoned his wrecked vehicle and left one of his passengers to die after a drunken off-duty cop in a muscle car t-boned his vehicle in Brooklyn early Sunday, police said. NYPD Officer Rohan Shaw was driving a white 2019 Nissan GT-R, zooming east on Foster Ave. just before 5 a.m., when a black 2016 Mazda 6 rolled through a stop sign on E. 55th St. and right into the cop’s path, police said.




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Brooklyn gynecologist accused of sex with a second underage boy

Aaron Weinreb, a 48-year-old OB-GYN, has been in home detention on $1.5 million bail since his arrest in October on charges he used the gay dating app Grindr to connect with an underage boy for sex.Because they’ve found a second victim, prosecutors wantED Weinreb jailed while he awaits trial.




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Poly Prep tennis coach accused of sexual abuse by second former student in new Brooklyn court filing

The plaintiff, a former high school cheerleader identified only by the pseudonym “Mary Coe,” was in her first year at the school when defendant William Martire allegedly initially forced her to perform oral sex on him in the early 1980s, according to a horrifying 18-page Brooklyn Supreme Court filing.




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Brooklyn subway surfer recovering at hospital after doctors amputate crushed foot

Ulises Rivera, 32, had stitches above his right eye and a blood-soaked sheet wrapped around his right leg at Elmhurst Hospital — but otherwise seemed in healthy condition.




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Brooklyn teen, 16, revealed sexual abuse at family dinner, mom recounts at teacher’s trial

Mervyn Affoon, who taught at the Academy of Hospitality and Tourism at hospitality at Erasmus Hall High School in Flatbush, is accused of sexually abusing the teen about 15 times between March 2017 and June 2017.




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‘This is a celebration of homecoming.’ Mourners gather for funeral of 7-year-old boy fatally struck by unlicensed driver in Brooklyn

More than 200 mourners filed into the Love Fellowship Tabernacle church in East New York Thursday night for Payson Lott’s wake and funeral. The youngster was struck and killed by an unlicensed driver as he crossed a street in his neighborhood.




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Poly Prep tennis coach accused of sexual abuse by second former student in new Brooklyn court filing

The plaintiff, a former high school cheerleader identified only by the pseudonym “Mary Coe,” was in her first year at the school when defendant William Martire allegedly initially forced her to perform oral sex on him in the early 1980s, according to a horrifying 18-page Brooklyn Supreme Court filing.




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Second NYC teen speaks out on 30-hour detention as city officials promise to investigate

Flushing High School junior Arialis Guzman said she “just didn’t get treated right" while police held her and a friend for more than a day in the aftermath of an after school altercation. The teens spent the night of Wednesday, Feb. 12 and much of the next day, Feb. 13, handcuffed to a bench in a Queens police precinct.




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Manhattan eighth grader wins second day of Daily News Spelling Bee

Ashwin Ranjan, a 13-year-old student at The Dalton School, correctly spelled “bauxite,” a type of sedimentary rock, to win the day and go to the Scripps National Spelling Bee in May.




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Racial justice groups criticize city teachers union’s use of controversial face recognition technology

The United Federation of Teachers tested security camera technology from a company affiliated with Clearview AI




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Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments -- by Scott R. Baker, R. A. Farrokhnia, Steffen Meyer, Michaela Pagel, Constantine Yannelis

In response to the ongoing COVID-19 pandemic, the US government brought about a collection of fiscal stimulus measures: the 2020 CARES Act. Among other provisions, this Act directed cash payments to households. We analyze households’ spending responses using high-frequency transaction data. We also explore heterogeneity by income levels, recent income declines, and liquidity. We find that households respond rapidly to receipt of stimulus payments, with spending increasing by $0.25-$0.35 per dollar of stimulus during the first 10 days. Households with lower incomes, greater income drops, and lower levels of liquidity display stronger responses. Liquidity plays the most important role, with no observed spending response for households with high levels of bank account balances. Relative to the effects of previous economic stimulus programs in 2001 and 2008, we see much smaller increases in durables spending and larger increases in spending on food, likely reflecting the impact of shelter-in-place orders and supply disruptions. We hope that our results inform the current debate about appropriate policy measures.




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Man called 911 to report 'a black male running down the street’ before Ahmaud Arbery shooting, audio recordings confirm

Audio recordings of two 911 calls placed moments before Ahmaud Arbery was killed confirm that at least two people were concerned that a black man was running in their Georgia neighborhood.




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Best XV of professional era: Ulster second row

The six candidates to fill the second row positions in Ulster's greatest side of the professional era come to mind fairly readily




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Meet the second confirmed interstellar object to enter our solar system

The comet, 2I/Borisov, comes from another planetary system, but bears a remarkable resemblance to local space rocks.




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Communities come face-to-face with the growing power of facial recognition technology

As law enforcement agencies deploy AI-powered facial recognition systems, some communities are pushing back, insisting on having a say in how they’re used.




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4-drug combination may speed up coronavirus recovery, Hong Kong study finds

The cocktail includes three antiviral drugs and a different drug that boosts natural immune system chemicals.




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Editorial: The U.S. economy is sliding into a coronavirus hole. Congress needs to do more to pull it out

Congress can and should do more to combat a coronavirus downturn — including a $1,000 UBI check to every citizen.




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Editorial: Congress is moving fast on a coronavirus economic rescue — for better and worse

The stimulus plan passed the Senate. Now it's up to government to get the money flowing quickly and transparently.




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Editorial: No, Mr. Trump, you don't get to decide when the economy restarts

Trump is correct that the decision is a very tough call. But it will be made by mayors and governors, not federal officials.




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Marcus Morris' debut comes in Clippers' record-setting rout of Cavaliers

In a 133-92 blowout win, the Clippers dealt Cleveland its largest margin of defeat at home in Cavaliers history as Marcus Morris had several highlight plays.




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All-Star homecoming for Anthony Davis, Patrick Beverley

Lakers forward Anthony Davis and Clippers guard Patrick Beverley had a chance to visit their old haunts in Chicago, which last hosted the All-Star game in 1988.




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Team USA recognizes Clippers' Montrezl Harrell as gold standard in NBA

When USA Basketball announced last week 44 finalists in consideration for the 12-man team it will take to the 2020 Olympics, the Clippers' rising Montrezl Harrell was on the list.




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Clippers rout Nuggets to move into second-place tie in West

The Clippers routed Denver 132-103 on Friday in a meeting of Western Conference powers by slowing down Nuggets one-of-a-kind center Nikola Jokic.




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Anthony Davis' big second half helps Lakers prevail over Bucks

Lakers star Anthony Davis was held to five points in the first half because of foul trouble but scored 25 points and had eight rebounds after halftime.




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Markazi: Clippers, not the Celtics, have become Lakers' most-hated rival

The Clippers have surpassed the Celtics in terms of being the Lakers' biggest and most-hated rival in the eyes of some fans. The teams play again on Sunday.




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How to avoid becoming a coronavirus divorce statistic

The shutdown situation can be uniquely hard on married couples. Here's how to help your marriage survive coronavirus.




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USC falls to Arizona State after turnover-fueled second half

After leading by 13 in the first half and eight at halftime Saturday night, USC came undone down the stretch in Tempe, losing 66-64 to the Sun Devils.




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USC women's water polo deals with 'insane' event for second season in a row

The USC women's water polo was ranked No. 1 in the nation when the season was canceled because of the coronavirus pandemic.




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Her record-breaking USC career cut short, Louise Hansson holds on to her Olympic hope

Louise Hansson's swimming career at USC ended when the NCAA canceled its championships over the coronavirus. She's hoping the Olympics still will happen.




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USC's Michael Pittman Jr. is chosen by Indianapolis in second round of NFL draft

USC wide receiver Michael Pittman Jr. was selected by the Indianapolis Colts with the second pick of the second round in the NFL draft.




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Op-Ed: For an alcoholic, virtual recovery meetings are not only possible; they have some advantages

Dispatch from the pandemic: Times of stress can be life or death for a recovering alcoholic or addict