Must-Read Money Stories for Thursday, Jan. 26

by January 26, 2017
More Border Patrol agents, and a wall, coming soon, according to the White House. (flickr image via Frank Heinz, CC by 2.0)

More Border Patrol agents, and a wall, coming soon, according to the White House. (flickr image via Frank Heinz, CC by 2.0)

Dow 20k

Great news! That thing that everyone knew would eventually happen has happened: The Dow Industrial Average closed above 20,000 points. To mark this momentous, though not surprising, occasion, The Wall Street Journal went full-on live coverage mode, so you can check that out.

Women out of the workforce

There has been a lot of attention in the past year on people who’ve dropped out of the workforce, much of it focused on men. But The New York Times reports it’s not just guys who are leaving the working life behind. Plenty of women are dropping out of the workforce as well, and for very different reasons than their male counterparts.

A major award

The Gates Foundation has given the largest donation in its history to fund the University of Washington’s Institute for Health Metrics and Evaluation. CNNMoney reports the $279 million donation will push the institute’s mission of offering “rigorous measurement and analysis” of global health problems, while looking at the most effective strategies for addressing them.

Deportation force

It was another day full of executive actions from the new Trump administration. There was plenty of news about the wall, sanctuary cities and the change in refugee policy. But Vox contends the biggest policy change of the day came in how the administration will enforce immigration laws in the interior U.S. The executive actions will allow the federal government to arrest and deport anyone without documentation who’s suspected of committing any crime, even when there’s been no trial. And it will hire more agents to round up suspected undocumented immigrants.

Border Patrol, Alpine Texas” by flickr user Frank Heinz, CC by 2.0