Saturday, April 11, 2020

How does the Fed find an extra $2.3 trillion? - Marketplace

This is part of our "Econ Extra Credit" project, where we read an  introductory economics textbook  provided by the nonprofit Core Econ together with our listeners.

We all need to understand the economic fundamentals right now, more than ever. Get a refresher with  our Econ Extra Credit newsletter .

It's reasonable to ask: Where did the Fed find $2.3 trillion? Was it taxpayer money? No. It's more like magic.

Publisher: Marketplace
Date: 2020-04-10T13:51:16-07:00
Twitter: @Marketplace
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In case you are keeping track:

Ticket buyers and sellers say StubHub owes them after widespread event cancellations - Marketplace

What happens to showgoers and sports fans when events across the globe are canceled and tickets are no good anymore?

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Take Stephanie Moyles: She spent $440 on StubHub for two tickets to Les Misérables at the Durham Performing Arts Center in North Carolina on March 14. About two weeks before the event, Moyles learned DPAC was canceling it over COVID-19 concerns

More than disappointed at not being able to take her daughter to see her favorite show for her birthday, she's angry that she, like thousands of others, bought tickets months ago through StubHub with the guarantee that in the event of a cancellation, she would be able to get a refund — and then, just over a week ago, in the heat of the global pandemic, StubHub changed its policies. It’s no longer giving refunds, just coupons.

Publisher: Marketplace
Date: 2020-04-10T19:46:22-07:00
Twitter: @Marketplace
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The future of agriculture may rest with American consumers - Marketplace

It can be easy to look at empty grocery store shelves and conclude that demand for agricultural products is at a high right now. But grocery stores are only one piece of the puzzle. For many farmers, much of the demand for their products comes from restaurants and other wholesale buyers. Brian Duncan, a hog, corn and soybean farmer, as well as vice president of the Illinois farm Bureau, spoke to “Marketplace” host Kai Ryssdal about the challenges farmers are facing right now.

Publisher: Marketplace
Date: 2020-04-10T22:38:27-07:00
Twitter: @Marketplace
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Tennessee Governor Signs Marketplace Facilitator Bill | Tax Foundation

In the midst of coronavirus responses and accompanying hits to state revenue, some states that had previously held out are looking to expanded online sales tax authority as an additional revenue source. Tennessee Gov. Bill Lee (R) signed SB 2182 on April 1, making the Volunteer State the latest—and one of the last—states to impose obligations on marketplace facilitators.

The language in Tennessee's SB 1282 handles these marketplace provisions with necessary care. It uses a narrow definition for facilitators, specifying that an entity must act as both the product platform and the payment processor. The law sets a gross sales threshold of $500,000 in the previous 12 months. This avoids creating a "notch effect," where passing the threshold would impose a retroactive obligation on transactions already completed.

Publisher: Tax Foundation
Date: 2020-04-10T10:12:53-04:00
Twitter: @taxfoundation
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Were you following this:

Re-opening Affordable Care Act marketplace is good policy, good politics | Editorial -

We don't expect the Trump administration to set aside its longstanding opposition to the Affordable Care Act, but it should reconsider its recent decision not to reopen the ACA marketplaces to new customers during the coronavirus outbreak.

Opening the exchanges would help address growing fears about people going uninsured during this unprecedented public health crisis.

A special enrollment period also would let those who bought bare-bones plans before last December's deadline buy better coverage.

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How direct cash transfers can help the poor amid COVID-19- Marketplace

This is part of our "Econ Extra Credit" project, where we read an  introductory economics textbook  provided by the nonprofit Core Econ together with our listeners.

We all need to understand the economic fundamentals right now, more than ever. Get a refresher with our Econ Extra Credit newsletter .

In the United States and around the world, poverty is exacerbating the spread of COVID-19 and making it more deadly. Officials are pointing to economic inequalities and barriers to health care as leading reasons why the novel coronavirus is disproportionately affecting black and brown Americans . Lockdowns in countries like India and Zimbabwe have forced many to decide between the risk of the virus and the certainty of going hungry if they abide by social distancing orders.

Publisher: Marketplace
Date: 2020-04-09T10:52:41-07:00
Twitter: @Marketplace
Reference: (Read more) Visit Source



Will insurance companies cover mental health services' switch to telehealth? - Marketplace

Jenna Lindgren has been making the same call over and over these days, trying to figure out if her clients' health insurance will cover telehealth. As state after state encourages people to stay home, therapists and psychiatrists have moved their practice out of the office and onto the internet or over the phone.  

Mental health care translates to telehealth fairly easily, but whether it's covered by insurance is another question.

Paul Jonas, who runs the company Lindgren works for, says the rules have been changing almost by the day. "We call the provider services line and sometimes we're told one thing and sometimes we're told another. Clients are having this happen too," he said. 

Publisher: Marketplace
Date: 2020-04-10T22:32:47-07:00
Twitter: @Marketplace
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Marketplace Meats is adapting for you | The Spinal Column

Market Place Meats and Deli’s employees Tom, Leo (back), Sarah, Sam, and Owner Matt Burnstein are wearing person protection masks to keep themselves, the food, and all customers safe.

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Publisher: The Spinal Column
Date: 2020-04-09T17:29:17Z
Twitter: @spinalcolumn1
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