Vanessa Velis

8 Flips | 1 Magazine | @vanessavelis | Keep up with Vanessa Velis on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Vanessa Velis”

New US sanctions go after Russian officials—will a crony crack-down be far behind?

The White House has frozen the US assets of seven Russian government officials and will be forbid them from doing business with American firms and persons.<p>But targeting “the key ideologists and implementers” of Russia’s military incursion into Ukraine, and its efforts to recognize a Crimean …

Obama administration sanctions against Russia scare absolutely no one

So it looks like Crimea is going to be Russian again. And the markets don’t really seem to care.<p>Around the world, stocks are seeing a lift this Monday. In the US, the Dow industrials are up roughly 1%, about the same as the major European indexes. In Russia, the Micex snapped a nasty six-day losing …

Even as babysitters, American men make more than women

If scarcity imparts value, male babysitters have it all figured out.<p>Less than 3% of all babysitters in the US are men, the economics blog <i>Priceonomics</i> has found, but they still earn more than their female counterparts. Hiring a local young man to watch your kids will cost you an average of $15 an …

Parenting

Despite China’s exchange-rate reform, its hot money woes are still scary

Starting today, the Chinese government allowed the yuan to trade in a 2% band around the daily “fixing” or “reference” rate (meaning, the value the People’s Bank of China sets against the dollar before trading each day.) This move appears to be in line with the Chinese government’s stated objective …

Stock Markets

Would the US even know if Vladimir Putin was keeping cash in the country?

While new US economic sanctions freezing the sanctions Russian leaders didn’t strike fear into the heart of financial markets, they did raise a question: Would the US even know if someone like, say, Russian President Vladimir Putin was keeping some money in its backyard?<p>US presidential spokesperson …

Who Uses Food Stamps? Millions of Children

Tens of millions of American children are among the recipients of food stamps, according to a new report that casts light on who benefits from the program that has been the subject of heated political debate.<p>The annual report from the United States Department of Agriculture showed that about 45 …

Obama plans overtime expansion

President Barack Obama’s latest attempt to raise pay for low-wage workers will come through a broad expansion of overtime pay.<p>Obama will on Thursday direct Labor Secretary Tom Perez to raise the threshold for workers to be covered by overtime protections. The move will cover millions of employees …

New GOP PAC targets Texas women

A new Republican PAC aimed at female voters is launching in the Lone Star State on Wednesday, a move that comes as nationally known state Sen. Wendy Davis runs for governor on the Democratic ticket.<p>RedState Women went live online Wednesday morning, after officials provided an exclusive first look …