Felix Salmon

Felix Salmon


Chief financial correspondent, Axios. Host, Slate Money. Follow @felixbot for my story feed.

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If the minimum loan is $1m and the maximum loan can’t be bigger than 30% of undrawn bank debt, then does that mean that borrowers need to have at least $3.3m in undrawn credit to access this program?

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Powell on fiscal policy: “People are making these sacrifices for the common good. We need to make them whole. To protect these people as best we can from the hardships they’re facing."

Powell on why banks don’t need to stop paying dividends: They were doing most of their returning money to shareholders via buybacks, and they’ve stopped that, so, meh, let’s not worry about dividends

@jeffbercovici  Because the cruise companies are pushing people very hard to rebook their canceled trips instead of trying to ask for a refund

Wherein the obvious question (how on earth are leafblowing landscapers considered essential workers) is never even asked:

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Because we normally only tip people we deal with directly and make eye contact with, we end up not tipping people doing no-contact deliveries.

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It’s like they go out of their way to be dastardly

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This is the most glorious chart of all time

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Just realized that Trump’s immigration ban also applies to active-service members of the US military. He’s completely insane.

If you want to understand what needs to happen, and why it doesn’t require lockdown for the next 18 months, read this. It’s really, really good.

Tim Cook and Satya Nadella having dinner in Davos with Jair Bolsonaro, the far-right president of Brazil

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Act 1: Donald Trump finds himself on a plane for 14 hours with a senior aide under FBI investigation and a bunch of journalists.

Trump is meeting key world leaders at the G20 summit. He forgot to book a hotel.

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