Today, the Securities and Exchange Commission voted to approve the first exchange-traded funds holding bitcoin. But regulators still have concerns, and a recent hack of an SEC social media account have only heightened fears. Plus, the pandemic relief funds that’ve been keeping state budgets afloat are gone. We’ll unpack why state budgets can be trickier beasts than the federal budget. And: This is normally a zombie-free zone, but “The Last of Us” TV series has us reconsidering.
Here’s everything we talked about today:
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A phantom debt menace
The power of college endowments
Private equity is coming for pet care
Europe’s new economic engines
No “stag” no “flation”
The rising pressure on poll workers
The trade-offs of the trade deficit
Biden’s regulation rush
College campus protests and the value of a degree
A stock pop and a stock flop
To ban or not to ban
The dollar store dilemma
Big change coming to nursing homes
A revamp for Title IX
What you need to know about tariffs
A new day for labor organizing in the South?
What we often get wrong about teens and screen time
The rise of the (tax) resistance
Why owning a car is getting so expensive
Bonds, Boeing and Beyoncé
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