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8 Jul, 2021 06:37

US weighs in on cyber hacks & Iceland’s four-day workweek

The Pentagon has moved to reject Microsoft’s contract to build its JEDI cloud program following an outpouring of criticism from other players in the sector. Boom Bust’s Ben Swann files a report on the major decision and which firms could now be in the running. Then we turn to the Federal Reserve, where the US central bank has wrapped up its Open Market committee. Danielle DiMartino Booth, CEO of Quill Intelligence, joins the program to weigh in on the Fed’s forecast for the nation’s rallying economy. And the Biden administration has now weighed in on the recent wave of ransomware attacks that have targeted businesses around the globe. Cybersecurity expert Todd Shipley lends his insight into the situation as the trend has gained steam. Then we look to Europe, where Iceland has run a trial with a four-day workweek. Professor Richard Wolff joins the program to discuss the findings, and whether or not we could see the trend catch on around the world.

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