👷‍♀️ Time for a Law That Puts Workers, Not Unions, First

Today’s pick

Time for a Law That Puts Workers, Not Unions, First. As Americans grapple with soaring inflation and life after lockdowns, they want more job flexibility and protection of their rights in the workplace. Frustration over classroom closings, reckless spending and how to return to normal highlights a… (Tim Scott / Wall Street Journal)

Gabriella Hoffman @Gabby_Hoffman

.@SenatorTimScott writes in @WSJ: “The Employee Rights Act of 2022, unlike Biden’s PRO Act, encourages innovation and job flexibility.” wsj.com/articles/time-… #fightforfreelancers #NoPROAct

wsj.comOpinion | Time for a Law That Puts Workers, Not Unions, FirstThe Employee Rights Act of 2022, unlike Biden’s PRO Act, encourages innovation and job flexibility.

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New York City's Renewed Vibrancy Is Hiding Deep Economic Pain. Workers still aren't flocking back to offices and unemployment is double the U.S. average, ratcheting up pressure to reinvent the city's economy. (Alicia Diaz / Bloomberg)

Bloomberg @business

Rent is spiking. Restaurants are buzzing. Covid restrictions have lifted. But New York City's unemployment rate is still twice the national average. Read The Big Take ⬇️

trib.alBloomberg - Are you a robot?

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Elon Musk's Business Ties to China Create Unease in Washington. Elon Musk's ties to China are causing unease in Washington, including among some Republican lawmakers who have been among the billionaire entrepreneur's ardent supporters. The concerns center on the potential for China to gain access to the… (Brody Mullins / Wall Street Journal)

Jonathan Cheng @JChengWSJ

Elon Musk’s ties to China are causing unease in Washington, including among Republican lawmakers who have been among the entrepreneur’s ardent supporters. In focus are the SpaceX founder's business ties to Beijing through Tesla, and his praise for China.

on.wsj.comElon Musk’s Business Ties to China Create Unease in WashingtonTesla and SpaceX are at the center of discussions, with some lawmakers fearing Beijing could access secrets.

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Goldman Sachs announces milestone with first over-the-counter crypto trade with Galaxy Digital. Goldman is close to announcing that it is the first major U.S. bank to trade an over-the-counter crypto transaction, CNBC has learned. Goldman traded a bitcoin-linked instrument called a non-deliverable option with crypto merchant bank Galaxy… (Hugh Son / CNBC)

Hugh Son @Hugh_Son

new: @GoldmanSachs says it is first major U.S. bank to make an over-the-counter crypto trade, CNBC learned. Goldman traded a #bitcoin-linked option with @GalaxyDigitalHQ in a sign of the development of crypto markets for institutional investors.

cnbc.comGoldman Sachs announces milestone with first over-the-counter crypto trade with Galaxy DigitalThat Goldman, a top player in markets for traditional assets, is involved is a signal of the increased maturity of the asset class for institutional players.

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Actually, forcing people to go back to the office isn't the way to save big cities. Ever since the COVID-19 pandemic struck the US, the shock waves from the disease have been most pronounced in our biggest cities. A once-vibrant sidewalk ballet morphed into grim desolation as hundreds of thousands fled cities altogether. But now… (Alex Yablon / Business Insider)

Alex Yablon @AlexYablon

New in @BusinessInsider: Why are big city mayors like Eric Adams obsessed with pushing white collar workers back into the office? Because remote work scrambles a decades-old urban economic model based on sky-high commercial real estate values

businessinsider.comActually, forcing people to go back to the office isn’t the way to save big citiesMayors can usher in a Golden Age of Cities in places like New York and Los Angeles — but only if they focus on what makes cities great.

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— Jose Montes de Oca

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