Puerto Rico’s bankruptcy and the municipal bond market

Puerto Rico’s bankruptcy and the municipal bond market

Puerto Rico filed for bankruptcy protection May 3, the largest-ever American municipal debt restructuring in history. As the U.S. territory seeks forgiveness in $73 billion to assorted creditors, an expert at Washington University in St. Louis says the situation should serve as a dire wake-up call to the municipal bond market.
WashU Expert: Explaining the Trump tax proposal

WashU Expert: Explaining the Trump tax proposal

President Trump has revealed his proposed tax plan, which involves, among other things, cutting the corporate tax rate and reducing tax brackets to three, down from seven. What do the proposed changes mean? Adam Rosenzweig, professor of law and tax law expert, explains.
WashU Expert: Human rights at issue in Mississippi law

WashU Expert: Human rights at issue in Mississippi law

A three-judge panel of the 5th U.S. Circuit Court of Appeals has heard arguments on Mississippi HB 1523, which allows people with certain religious beliefs to refuse goods and services to LGBTQ and unmarried people. The bill is a textbook example of an unconstitutional law, says a law and religion scholar at Washington University in St. Louis.
WashU Expert: More must be done to address opioid crisis

WashU Expert: More must be done to address opioid crisis

Opioids, including heroin and prescription drugs, killed more than 33,000 people in 2015, more than any year on record, according to the CDC. President Trump’s proposed budget aims to address the crisis with a $500 million increase in prevention and treatment, but it isn’t enough to address the issue, says an expert on substance use disorder treatment.
WashU Expert: Remembering Chuck Berry

WashU Expert: Remembering Chuck Berry

Chuck Berry, who died March 18, embodied the sound, attitude and mythology that defined the early days of rock and roll, says Patrick Burke, head of musicology in Arts & Sciences.
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