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Links for 12-20-14

The Simple Analytics of Monetary Impotence (Wonkish) - Paul Krugman Karl Whelan: Teaching Economics After the Crash - Brad DeLong How a 2% Inflation Target Became Global Economic Gospel - NYTimes 5 Reasons for the Slow Recovery in Long-Term Unemployment...



Hollywood Journalist Nikki Finke Reportedly In Talks With Politico

Nikki Finke, founder and former editor-in-chief of Deadline, is said to be in talks with Politco about joining the site as a political columnist, The New York Times reported Friday, citing anonymous sources "familiar with the discussions."...



Young Investors Too Attached to High Risk with Low Return

Well… young investors are back in the market, but are they too late? Conventional wisdom says that a 25 year old individual has the ability to take on more risk than another individual who is 62 and retired, due to the fact that the younger...



Apple Condemns BBC Reports About Factory And Tin Supplier Conditions

Earlier this week, the BBC aired an hourlong documentary program on conditions for workers in factories assembling Apple products in China, and conditions in tin mines in Indonesia that supply Apple. Factory footage showed iPhone assemblers begging for...



The Use of Sampling Weights in Bayesian Hierarchical Models for Small Area Estimation

All this discussion of plagiarism is leaving a bad taste in my mouth (or, I guess I should say, a bad feeling in my fingers, given that I’m expressing all this on the keyboard) so I wanted to close off the workweek with something more...



George Clooney Tried To Get Hollywood To Support Sony

While some celebrities have been very vocal in their defense of Sony Pictures following a massive cyber attack that led to the cancelation of "The Interview," George Clooney says those voices are an exception. In an interview with Deadline.com,...



Why Aren't We Retaliating Right Now for the Sony Cyberattack?

On Wednesday, Sony cancelled the release of its latest mediocre Seth Rogen comedy, The Interview, in the face of terrorism threats from hackers who had been wreaking havoc on the...



American Apparel Inc (APP) May Seriously Be Considering Buyout

American Apparel May Seriously Be Considering Buyout by Todd Sullivan, ValuePlays Here is the news on the rumored buyout offer from the WSJ: SUZANNE KAPNER Updated Dec. 18, 2014 7:27 p.m. ET American Apparel Inc has been approached by Irving Place...



Kerry Tells European Envoys U.N. Action on Palestine Can Wait till Israeli Election

Secretary of State John Kerry has privately told European Union envoys that Washington will not permit the passage of any U.N. Security Council resolution on the Middle East peace process until after Israel’s March elections, according to three...



Why Germany's having a merrier Christmas

Christmas in Germany will be that little bit merrier this year as business and consumer confidence...



Samsung's ChatOn messaging service will be turned off early next year

Samsung’s ChatOn will soon be ChatOff. After initially denying that it was closing its instant messaging service, the company confirmed on Thursday that ChatOn will be shut down early next year. The plan is to close international versions...



FP’s Situation Report, presented by Lockheed Martin: U.S. is missing key allies in Islamic State fight; Putin remains defiant as Russian...

By David Francis and Sabine Muscat The United States is missing key allies in its fight against the Islamic State. Some 1,500 American troops are preparing to deploy to the Middle East to retrain Iraqi security forces to fight to the Islamic State next...



New York’s Bitcoin Regulation Proposal “BitLicense” Is Revised

If it is now accepted at dozens of major retailers and if New York State’s financial regulator is going to spend months figuring out the best way to regulate it, then it is fair to say that that Bitcoin is here to stay. The chief financial...



Wall Street Predicts A Strong 2015 For Tesla Motors Inc

The price of shares in Tesla has taken a sharp dip of late due to falling oil prices, but according to Wall Street analysts it is due to rebound in 2015. A FactSet report predicts that the shares will rebound by 30% over the next...



Movie world fears for freedom of speech as parody pulled...

Movie world fears for freedom of speech as parody pulled...(Top headline, 1st story, link)Related stories:LEAK: Jolie branded 'seriously out of her mind'...Studio Warned Not to Cast Denzel Washington Due to His Race...'INTERVIEW' Orgy...



Federal Reserve Board announces banking entities have until July 21, 2016, to conform investments in and relationships with covered funds and foreign...

Federal Reserve Board announces banking entities have until July 21, 2016, to conform investments in and relationships with covered funds and foreign funds that were in place prior to December 31,...



GSE Appeal Issues Presented to Appellate Court

Things are getting cranked up in the Appellate Court in the $FNMA $FNMAS shareholder appeal… Here it is in chart form (H/T Peter Chapman): Issues […] The post GSE Appeal Issues Presented to Appellate Court appeared first on...



UBER Driver Accused Of Beating, Raping Passenger...

UBER Driver Accused Of Beating, Raping Passenger...(Second column, 8th story, link)Related stories:Company promises tougher background checks... ...



Why Would the Saudis Deliberately Crash the Oil Markets?

On January 2, 1977, the Shah of Iran made a painful admission about his country’s economy. “We’re broke,” he confided bluntly to his closest aide, court minister Asadollah Alam, in a private meeting. Alam predicted still more...



Facebook Privacy Policy In 2025: What Would It Look Like?

Just fifteen short years ago, if someone had publicly proclaimed that the U.S. government and various corporate interests were spying on the most private and intimate moments of U.S. civilian lives, they would have been considered a tin foil hat...



About Those Cost Push Inflation Fears...

Via Real Time Economics at the WSJ: No Sign Yet of Labor Cost Inflation in U.S. or U.K., by Paul Hannon: Despite falling unemployment rates, there are few signs that rising wages will soon start to push inflation higher in either the U.S. or the U.K.,...



Time to Take Back the Toilet Full Transcript

This is a transcript of the Freakonomics Radio podcast “Time to Take Back the Toilet” DUBNER: Hey podcast listeners, before today’s show begins, I want to ask you to think back on all the stories we’ve brought you in the...



Carrying On

Barry Ritholtz has a fine rant: Those of you who continue to insist you can even remotely forecast what might happen next continue to reveal incredibly foolish, thoroughly disproved beliefs, despite an overwhelming avalanche of evidence that you...



A Former Seattle Seahawk Will Lead 200 Merrill Lynch Reps In San Francisco

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  A Former Seattle Seahawk Will Head Merrill Lynch's San Francisco Complex (Think Advisor)  Former...



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Kuroda’s Former Boss Urges Ditching of BOJ 2% Inflation Target

Bank of Japan Gov. Haruhiko Kuroda’s former boss, Eisuke Sakakibara, seen in this file photo, believes Mr. Kuroda should drop his 2% inflation goal. Bloomberg News A former supervisor of Bank of Japan chief Haruhiko Kuroda is urging him to...



Microsoft takes a bath on failed Nook partnership

After sinking $300 million into Barnes & Noble’s digital reading business, Microsoft is walking away with about $120 in cash and stock—and not much else.As the Wall Street Journal reports, the two companies have terminated a...



McDonald’s Bringing Build-Your-Own Burger Option To 2,000 Locations

It’s been nearly 10 months since we told you about McDonald’s tiny test of a customizable burger option in a handful of its California restaurants. And in an attempt to turn around its sagging sales, the fast food megachain says it...



U.S. Added 321,000 Jobs for Best Pace Since 1999

U.S. employers ramped up hiring last month, continuing a stretch of robust payroll gains and keeping the economy on track to record its strongest year of job creation in 15...



Goldman to Disclose Profit It Made on Libyan Trades

The Libyan Investment Authority is suing the investment bank in connection with trades it entered into in 2008, contending they were unfairly structured to make the firm a lot of money but leave the authority highly exposed to losing its entire...



Google to offer kid-friendly versions of its products

There may soon be a special version of YouTube optimized for kids 12 and younger as Google is readying kid-friendly versions of some of its most popular products, the company's vice president of engineering Pavni Diwanji, tells USA Today. Diwanji...



Kmart Ruins Christmas By Canceling Layaway Orders, Holding Onto Refunds

(Thomas Hawk) There’s an unhappy wind blowing toward Kmart right now, and it’s coming from the direction of disgruntled customers who say that after the retailer notified them of a Dec. 12 deadline to pay off layaway balances in order...



American Apparel Inc (APP) May Seriously Be Considering Buyout

American Apparel May Seriously Be Considering Buyout by Todd Sullivan, ValuePlays Here is the news on the rumored buyout offer from the WSJ: SUZANNE KAPNER Updated Dec. 18, 2014 7:27 p.m. ET American Apparel Inc has been approached by Irving Place...



Employment Accelerating As Expected [CHART]

Employment Accelerating As Expected by Todd Sullivan, ValuePlays This isn’t all that much of a surprise if you’ve been following the temp help index and some of the other indicators … they have been forecasting accelerating employment...



OnDeck Capital, an Online Lender to Small Business, Jumps 35% After I.P.O.

Investors continued to see the potential in alternative lending platforms as OnDeck Capital, which makes loans to small businesses, rallied on its first day of...



Christie’s CEO Steven Murphy to Step Down by Year-End

Steven Murphy, the chief executive officer of Christie’s decided to step down from his position by the end of this year.Patricia Barbizet, the current chairman of Christie’s will take over Murphy’s position. Christie’s is the...



Instagram beats Twitter with 300 million active users

Instagram, the photo and video-sharing platform owned by Facebook Inc (NASDAQ:FB) announced that it reached a major milestone–over 300 million monthly active users (MAUs).It is now bigger than Twitter Inc (NYSE:TWTR).   Instagram...



Stephen Hawking: Artificial Intelligence A Serious Threat To Humans

Legendary physicist Prof Stephen Hawking warned that the artificial intelligence could spell doom for human existence. In an interview with BBC News, he said that the development of thinking machines poses a serious threat to the human race. Stephen...



Federal Reserve Board announces banking entities have until July 21, 2016, to conform investments in and relationships with covered funds and foreign...

Federal Reserve Board announces banking entities have until July 21, 2016, to conform investments in and relationships with covered funds and foreign funds that were in place prior to December 31,...



Kerry Tells European Envoys U.N. Action on Palestine Can Wait till Israeli Election

Secretary of State John Kerry has privately told European Union envoys that Washington will not permit the passage of any U.N. Security Council resolution on the Middle East peace process until after Israel’s March elections, according to three...



BOOM: New York's $500,000-a-Month Apartment Nabs a Tenant...

BOOM: New York's $500,000-a-Month Apartment Nabs a Tenant...(Second column, 13th story, link)Related stories:Buffett's wealth balloons as BERKSHIRE hits high... ...



Cooperman Not Buying Cuba; Still Likes Atlas Energy

Leon Cooperman, the CEO of Omega Advisors is not interested in making any investment in Cuba as more opportunities will continue to exist in developed countries. During an interview with CNBC’s Fast Money Half Time Report, Cooperman said investing...



Wall Street Predicts A Strong 2015 For Tesla Motors Inc

The price of shares in Tesla has taken a sharp dip of late due to falling oil prices, but according to Wall Street analysts it is due to rebound in 2015. A FactSet report predicts that the shares will rebound by 30% over the next...



Why Germany's having a merrier Christmas

Christmas in Germany will be that little bit merrier this year as business and consumer confidence...



Links for 12-17-14

The economic value of an economics major - Environmental Economics The Limits of Purely Monetary Policies - Paul Krugman The Pareto distribution and r > g - Nick Bunker Snapshots of Islamic Banking - Tim Taylor The Growth Story of Frontier...