China Lunar New Year Travel Plunges on Virus Outbreak

Passenger travel would likely fall 45% on-year during the 40-day travel season that ends Feb. 18, Liu Xiaoming, a vice minister at the transport ministry, said at a briefing in Beijing Saturday. Between Jan 25. and Feb. 14, airlines carried an average of 470,000 people a day, only a quarter of last year’s volume. Passenger numbers from Feb. 15-23 are estimated to be one 10th of the peak period, said Li Jian, deputy head of the Civil Aviation Administration of China.

Funds Face Trillion-Dollar Hit on Negative-Yielding Debt Pile

Investors could lose $864 billion on debt with negative yields over the next 12 months, according to Daniel Tenengauzer, head of markets strategy at Bank of New York Mellon (NYSE:BK) Corp. He predicts bond holders could separately shed another $176 billion in lost purchasing power through the securities, which would guarantee a loss if held to maturity.

Does Knowing Whom Others Might Vote For Change Whom You’ll Vote For?

When a presidential race that was supposed to be won by a mainstream moderate instead ends being captured by a far-right gadfly, you better believe pollsters are gonna get some scrutiny. But when this situation took place in the first round of French elections in 2002, bumping the incumbent prime minister from the final round, it wasn’t just the failure of prediction that led to a polling protest. Instead, people were concerned that opinion polling, itself, had caused the outcome.

Congress Is Throwing A Little Money At Gun Violence Research. It Might Go A Long Way.

The Dickey Amendment is dead. Or, maybe it’s more that it has eroded into a shadow of what it once was. First passed into law in 1996, the Amendment is widely credited with ending federal funding of gun violence research in the United States. But while Dickey is technically still on the books, Democrats have chipped away at its power over the last couple years — first with an official clarification that the Centers for Disease Control and Prevention can study gun violence, and now a bipartisan agreement to provide $25 million of actual funding to back that up.

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