The Big Picture by PS editors
Carney government hastens fiscal decline while ‘investing’ in uncertain economic growth beng Tue, 07/21/2026 – 09:22 EST. READ TIME 3 MIN. The Carney government has been on quite the spending spree since taking office, committing to potentially hundreds of billions in new spending over the coming years. To justify this, Finance Minister François-Philippe Champagne recently…
Netflix is still a Wall Street favorite — and a target for government regulators
Thursday, May 22, 2025 SBA Disaster Loans—Limiting Duplication of Assistance After a natural disaster, the Small Business Administration helps homeowners and businesses recover by providing loans. While this funding is important, it is not unlimited. And in some cases, survivors may have received duplicate benefits. How is SBA working to prevent this duplication? We find…
We are grateful to Maritz, LLC for providing the data necessary for this project. No authors accepted compensation from any party for conducting this research. We thank Zamir Ticknor for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic…
Tuesday, July 1, 2025 Our 2025 Assessment of NASA’s Major Projects NASA plans to invest billions this year on major projects, including those that would return American astronauts to the moon. For our annual report on NASA. We looked at the status of these projects, including their costs and whether they’re on schedule. We’ll learn…
Minutes Item 1 – Welcome The Chair commenced the meeting and emphasised the significance of the decisions to be taken and importance of considering the Bank’s obligations under the Public Sector Equality Duty during this process. Members were reminded of the Bank’s approach to imagery selection for Series H and the aims of the meeting,…
In just a few years, AI has become a cornerstone of the United States and global economies. AI-related companies have gained some $27 trillion in market value since November 2022, and just seven tech firms are expected to channel $725 billion toward capital expenditures this year, primarily on data centers and AI infrastructure. But such investments are largely circular and increasingly debt-financed, and revenues remain highly speculative.