Money
Upcoming Exhibitions at the Fashion Institute of Technology (FIT): Head to Toe and Ravishing: The Rose in Fashion
"The consumer revolution of the mid-nineteenth century led to an explosion of available fashion goods at increasingly affordable prices. More middle- and even working-class women could buy industrially produced accessories; however, this accessibility created class tensions between the aspirational and those who had traditionally participated in luxury fashion... Social commentators judged women as extravagant or ruinous by the style of their hats, marked morality by the cleanliness of their gloves, and condemned by the vulgar color of their shoes. more »
Have You Received Your Stimulus Check? The IRS: When We’ll Send Your Third Payment & Face Masks and Other Personal Protective Equipment to Prevent the Spread of COVID-19 Are Tax Deductible
IRS website: "When We’ll Send Your Third Payment: The third round of Economic Impact Payments are being sent in phases. The IRS started sending the first batch of payments with an official payment date of March 17. If you haven’t received one yet, it doesn’t mean you won’t. We’ll send the third payments each week to eligible individuals as we continue to process tax returns. Payments are sent by direct deposit or mail as a check or debit card." more »
Coronavirus Aid, Relief, and Economic Security Act; Chair Jerome H. Powell Before the Committee on Financial Services, House of Representatives
"Today the situation is much improved. While the economic fallout has been real and widespread, the worst was avoided by swift and vigorous action — from Congress and the Federal Reserve, from across government and cities and towns, and from individuals, communities, and the private sector. More people held on to their jobs, more businesses kept their doors open, and more incomes were saved. But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes... However, the sectors of the economy most adversely affected by the resurgence of the virus, and by greater social distancing, remain weak, and the unemployment rate — still elevated at 6.2 percent — underestimates the shortfall, particularly as labor market participation remains notably below pre-pandemic levels." more »
Jill Norgren Reviews The Upswing: How America Came Together a Century Ago and How We Can Do It Again ... An intriguing book about change and turning points
Jill Norgren writes: "This is an intriguing book about change and turning points. It will prod readers to argue with the authors who contend that the United States has done better in past decades and could/will do so again. Putnam and Garrett are particularly interested in climate change, which they describe as an ultimate “we” issue. They observe environmental activists pleading for a moral awakening to the costs of inaction and imagine that this might be the non-partisan movement on which the upswing might be built. We can only hope that the authors are correct and that a new generation of activists, in community, will re-imagine America and that they will not be the ones who charged the Capitol on January 6." more »