ND in the News: February 2021
January 2021 February 2021 March 2021
The Guardian
US economy adds 49,000 jobs as Biden aims for further Covid relief
February 05, 2021
Jason Reed, assistant chair of finance at the University of Notre Dame’s Mendoza College of Business, said: “We shouldn’t forget that the economy is still down about 10m jobs since the start of the pandemic. We aren’t anywhere close to where we were this time last year.
ND Experts
Mendoza College of Business
The Washington Post
Opinion: It’s encouraging that reducing child poverty is now a bipartisan aspiration
February 05, 2021
Federal aid to households actually decreased the poverty rate between March and June of 2020, but as certain benefits expired over the summer, millions fell back into poverty, including 2.3 million children under 17, according to a team of economists from the University of Notre Dame and the University of Chicago.
ND Experts
Economics; Wilson Sheehan Lab for Economic Opportunities (LEO)
Business Insider
S&P 500 and Nasdaq hit records on positive labor-market data
February 04, 2021
"We aren't anywhere close to where we were this time last year. The rollout of the vaccine will surely help Americans get back to work, but we shouldn't expect a return to normal until late 2021 or early 2022," Jason Reed, professor of finance at the University of Notre Dame's Mendoza College of Business, said.
ND Experts
Mendoza College of Business
The Wall Street Journal
GameStop Mania Drives Scrutiny of Payments to Online Brokers
February 04, 2021
“If you ban payment for order flow, the individual investor is going to be worse off,” said Robert Battalio, a finance professor at the University of Notre Dame.
MarketWatch
Yellen meets with regulators over GameStop volatility, vows to protect investors
February 04, 2021
“Perhaps a concern among top regulators is that markets for certain stocks are not currently discovering prices effectively, and that individuals are trading on credit in these markets,” Patrick Corrigan, a Notre Dame Law School professor specializing in securities regulation, said in an email.
ND Experts
Notre Dame Law School
Bloomberg
The Privacy Spat Between Facebook and Apple Is Just the Beginning
February 03, 2021
Elizabeth Renieris, a data protection and privacy lawyer who runs the Notre Dame-IB Tech Ethics Center, says the clash over tracking has exposed how much both companies dominate their respective markets, which could be problematic since both are under antitrust scrutiny.
The New York Times
The QAnon Delusion Has Not Loosened Its Grip
February 03, 2021
According to Joseph E. Uscinski and Joseph M. Parent, professors of political science at the University of Miami and Notre Dame, conspiracy theorists do not “hold coherent, constrained policy positions.”
USA Today
Amazon's Jeff Bezos to step down from CEO role and become executive chair; Andy Jassy named next CEO
February 02, 2021
Tim Hubbard, assistant professor of management at the University of Notre Dame’s Mendoza College of Business, said the transition may free up Bezos to focus on his other passions.
ND Experts
Mendoza College of Business
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The Washington Post
Ginni Thomas apologizes to husband’s Supreme Court clerks after Capitol riot fallout
February 02, 2021
That brought an angry response from Stephen F. Smith, a law professor at Notre Dame.
CNN
Clarence Thomas' wife apologizes to his former clerks for divide that developed amid fallout over Capitol riot
February 02, 2021
His post garnered an "angry response" from Stephen F. Smith, a law professor at Notre Dame, who the Post said wrote back: "If by 'truth' you mean what actually happened, as opposed to a false narrative, then I agree."
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The Guardian
Jeff Bezos to resign as chief executive of Amazon
February 02, 2021
Tim Hubbard, assistant professor of management at the University of Notre Dame’s Mendoza College of Business, said: “Andy Jassy stepping into the CEO role at Amazon is a natural fit. Amazon Web Services is a powerhouse within the company, driving a lot of profitability."
ND Experts
Mendoza College of Business
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CNN
Jeff Bezos is stepping down as Amazon CEO
February 02, 2021
"Andy Jassy stepping into the CEO role at Amazon is a natural fit," Tim Hubbard, assistant professor at the University of Notre Dame's Mendoza College of Business said in an emailed comment.
ND Experts
Mendoza College of Business
Yahoo
Poverty increased most in states with poorer unemployment benefit systems
February 01, 2021
But in states that doled out benefits to less than 35% of unemployed residents, poverty increased by 1.3% in 2020, a study from the University of Chicago and Notre Dame found.
ND Experts
Economics; Wilson Sheehan Lab for Economic Opportunities (LEO)
ABC News
As Biden prays for healing, Catholics clash over president’s faith
Video
February 01, 2021
"Pope Francis has talked about the need to find a better kind of politics, a less polarizing kind of politics. And I think in that sense, he's expressing his hope that Joe Biden could be the one to open that conversation," said Kathleen Sprows Cummings, director of the Cushwa Center for Study of American Catholicism at the University of Notre Dame.
ND Experts
American Studies
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USA Today
The Justice Department urgently needs a reset. Enter Merrick Garland. Is he up for it?
February 01, 2021
"His (Garland's) job could become much more complicated very quickly," said University of Notre Dame law professor Jimmy Gurule, who was a Justice Department official in the George H.W. Bush administration.
ND Experts
Notre Dame Law School