Through hard work, networking, and working to gain the right skills, economics major Miles Davis '20 landed a great job with Cisco Systems at their San Jose headquarters. He shares insights into his success in the following Q & A.
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I was fortunate enough to land an internship at Cisco Systems in San Jose the summer following my junior year at Denison. I knew a current employee and they assisted my application and interview process. That summer I worked cross-functionally within the Partner Sales Organization on five different projects. I was able to get my feet wet and learn about the business. The work I did opened up opportunities for me later on at Cisco as a full-time employee.
Quite a lot has been going on:
Netflix First Rewrote Hollywood Economics. Ending The Industry's Diversity Woes Isn't As Easy
Marvin Bryan Lemus, America Ferrera and cocreator Linda Yvette Chávez attend the premiere of ... [+] "Gentefied," a bilingual comedy about three cousins working together to keep their grandfather's popular taco shop in business.
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Linda Yvette Chávez and Marvin Lemus had no shortage of networks and streaming services interested in their bilingual comedy about three Mexican cousins trying to save the family's taco shop as a steady stream of moneyed outsiders encroach upon their East Los Angeles neighborhood of Boyle Heights.
The mountaineers - Commodity prices are surging | Finance & economics | The Economist
THE BIGGEST commodity story of 2020 was one of decline. As the coronavirus pandemic halted travel, oil prices fell off a cliff, then briefly went subterranean: in April a futures contract for West Texas Intermediate was worth less than nothing. Oil began clawing its way above $45 a barrel in November, supported by optimism about vaccines. For other commodities, however, 2020 was not all bad. Indeed the year may have marked the start of an extraordinary ascent.
In August gold topped $2,000 an ounce for the first time ever, as low interest rates made the precious metal a more appealing haven than Treasuries. The value of other commodities rose, too, not just from the depths of virus-induced lockdowns in April but from the start of 2020, before the pandemic began (see chart). Commodity assets under management reached a record $640bn in December, estimates Citigroup, a bank, representing an annual gain of nearly a quarter.
Relapse and recovery - What is the economic impact of the latest round of lockdowns?
THE LOCKDOWNS of the spring, which at their peak covered more than half of the world's population, provoked an almighty downturn. In April global economic output was 20% below where it would have been otherwise. As cases of coronavirus have soared again, rich countries are imposing another round of lockdowns. France was in confinement in November, Italy locked down over Christmas, and England went into a national lockdown on January 6th. Parts of Japan have entered a state of emergency.
The latest round of lockdowns will hit the economy again—but, perhaps, not as hard. Analysts at Goldman Sachs, a bank, have argued that in Britain's case "the sensitivity of economic activity to covid-19 restrictions has diminished significantly since the first lockdown." In research published on January 8th HSBC, another bank, noted that German industrial output "extended its recovery in November, undeterred by the renewed lockdown".
Many things are taking place:
Biden economics adviser shines favorable light on Bucks County firm owned by its workers
Jared Bernstein, a top economic adviser to President-elect Joe Biden, is citing the example of New Age Industries' 135-worker Bucks County plant in urging Americans to set up more employee stock ownership plans (ESOPs), which enjoy tax advantages over for-profit companies.
Baker says the internal value of New Age's ESOP shares is up tenfold since the ESOP started in 2006, more than triple the rise in the S&P 500.
In his 17-page article, Bernstein said the tax incentives to create ESOPs were already potent and need no sweetening. He says the main factor slowing adoption was a simple lack of information about ESOPs and the absence of an expert "bench" to provide advice.
Economists cut forecasts for Malaysia's 2021 growth on Covid lockdown
SINGAPORE — Several economists slashed their 2021 growth forecasts for Malaysia after the country announced stricter measures to contain a recent surge in Covid-19 cases.
The Malaysian government imposed an inter-state travel ban nationwide and a lockdown on six states and territories for two weeks starting Wednesday. The country's king also declared a state of emergency that will last until Aug. 1, or earlier if Covid cases are effectively lowered.
Bloomberg - Are you a robot?
Should The Government Pay People To Get Vaccinated? Some Economists Think So : NPR
Skepticism about COVID-19 vaccinations has prompted suggestions that the government should pay people to get the shots. (AP Photo/LM Otero) LM Otero/AP hide caption
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With such wariness about COVID-19 vaccines, should the government then pay people to get vaccinated? The idea of a cash-for-shots program is being promoted by some economists and politicians in case the country struggles to get to herd immunity this year.
Overcoming vaccine skepticism may take more than public service appeals from celebrities, politicians and scientists, says Robert Litan, an economist affiliated with the Brookings Institution. So he has been advocating a Plan B — cash payouts for everyone who gets vaccinated.
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