Breaking News, Page 1

Older >

Krugman on Quantitative Easing and Inequality

Paul Krugman is on the mark in his comments on quantitative easing and inequality. The policy has helped boost the economy and create jobs, it is almost certainly a net gainer from the standpoint of distribution. I would make three additional points, all...



Links for 10-25-14

Monetary policy and inequality in the US - Vox Redistribution between generations - mainly macro China Will Keep Growing. Just Ask the Soviets. - NYTimes.com The Profits-Investment Disconnect - Paul Krugman Yellen´s Inequality Speech Revealed a...



Apple iTunes Sees Drop in Music Sales

Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent...



Market Power, 'the Profits-Investment Disconnect,' and the Mal-Distribution of Income

Maybe we'll finally start discussing something I've been writing about for years with little traction, how market power affects the distribution of income (the disconnect between income and the contribution to final product that occurs...



Sodastream International Ltd Pops On Pepsi Testing News

Shares of Sodastream International Ltd shot upward by as much as 18% after news the company is testing Pepsi productsSodastream International Ltd (NASDAQ:SODA) has had a rough year, with shares trending downward since January. Today the...



A Billionaire’s $65 Million Gift to Theoretical Physics

Charles T. Munger, a longtime business partner of Warren Buffett, is donating $65 million to the Kavli Institute for Theoretical Physics at the University of California, Santa...



UK recovery slows down as economic growth dips to 0.7% in third quarter

The Office for National Statistics data confirms that growth in July-September slowed from 0.9% in the second...



Solution to the helicopter design problem

See yesterday’s post for background. Here’s the question: In the helicopter activity, pairs of students design paper ”helicopters” and compete to create the copter that takes longest to reach the ground when dropped from a...



A Few Comments on QE

A few comments on QE:• The FOMC is expected to announce the end of QE3 on Wednesday October 29th, following the FOMC meeting next week.• Most research shows that the primary impact of QE on interest rates is from the size of the Fed balance...



Microsoft Corporation (MSFT)’s Cloud Is Finally Shaking the Loch Ness Monster Awake

 Microsoft Corporation (NASDAQ:MSFT)‘s CEO, Satya Nadella has finally helped the company grow back its long neck, resembling a Loch Ness monster. Using the long neck, the software company can now see far into the future, and help in...



Philly Fed: State Coincident Indexes increased in 43 states in September

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for September 2014. In the past month, the indexes increased in 43 states, decreased in four, and remained stable in three, for a...



Tell Me Something I Don’t Know: A New Freakonomics Radio Podcast

A few years ago, I developed a habit. If the person sitting next to me on an airplane seemed like they wanted to have a conversation, I’d ask them a bit about themselves — let’s say they worked in civil engineering...



Economic Disasters: The Butterfly Machine, Black Swans

Economic Disasters: The Butterfly Machine by David Merkel, CFA of The Aleph Blog There’s a phenomenon called the Butterfly Effect.  One common quotation is “It has been said that something as small as the flutter of a...



The War on ISIS: More Than One Battle

In the Vietnam War, saving Khe Sanh seemed essential. Turned out it...



Where’s my flying hoverboard? (Back to the Future)

From The Daily Beast: Greg and Jill Henderson, founders of Hendo, have developed a real hoverboard. Yes, the flying skateboard that millions of moviegoers have wished were real since Back to the Future Part II premiered back in 1989 may become the...



Credit Suisse net profit beats

Credit Suisse on Thursday reported third-quarter net profit above analyst forecasts as investment banking revenue...



SEC, Othey Key Agencies Approve Credit Risk Retention Rule

The ‘skin-in-the-game’ rule requires banks to maintain at least 5% of the risk on their books when they securitize loansSix federal agencies have adopted a final rule requiring banks to keep a stake in the mortgages they package and sell. The...



Why Rising Rents Haven’t Pumped Up Inflation

Policy makers and economy-watchers now seem more worried about disinflation rather than accelerating inflation. That wasn’t the expectation at the start of the year. In January, economists surveyed by The Wall Street Journal expected...



Helicopter Money in the Midst of a PLOG

Mark Thoma and his readings have pulled together a nice collection of writing on a concept known as “helicopter money”. To be honest, as I read all the links I decided to fire off my own comment which needs a little refining. My opening...



JPMorgan Chase Execs Knew Of China Hiring Issues Before Probe [REPORT]

JPMorgan Chase execs knew of China hiring problems since 2011According to knowledgeable Wall Street Journal sources, a number of senior execs at JPMorgan Chase & Co. (NYSE:JPM) in New York were advised of potential problems related to the...



Men experience slightly more online harassment — but young women are hit with the most severe forms

Online harassment is pervasive, a new Pew Research study shows. Forty percent of American adults say they have personally experienced such harassment, while 73 percent have seen it happen to others. And those figures become more extreme if you look...



Americans’ Social Security Benefits to Likely Increase 1.7% in 2015

Americans who receive Social Security benefits will see a modest increase in their checks next year to cover higher consumer prices. The annual cost-of-living adjustment will likely amount to 1.7% for 2015, according to inflation data released...



What Happened in Vegas

History repeats: A new plan for mortgages with low down...



GT Advanced, Apple in Deal for 'Amicable' Split-Up

GT Advanced Technologies has signed a pact with Apple Inc. for an “amicable parting of the ways,” Luc Despins, attorney for the bankrupt supplier to the technology giant, said...



Daimler sells its stake in Tesla as its EV partner grows up

They grow up so fast, don't they? It seems like just yesterday (well, 2009) that Daimler bought a stake in Tesla to give it a boost and secure a partner for electric car development, and the German automaker is now selling that stake a mere...



Breaking News, Page 1

Older >

2 hours | 12 hours | 24 hours | 30 days

Six reasons why Microsoft's 'karma' is bad for women

Satya Nadella urged women to trust the system, but his own company has a chequered reputation when it comes to female...



Krugman on Quantitative Easing and Inequality

Paul Krugman is on the mark in his comments on quantitative easing and inequality. The policy has helped boost the economy and create jobs, it is almost certainly a net gainer from the standpoint of distribution. I would make three additional points, all...



Links for 10-10-14

Bernanke defends AIG bailout in court - FT.com Deficit anxiety is not the answer - The Washington Post The Establishment: a review - Stumbling and Mumbling The Freelance Economy Still Runs on Word of Mouth - Justin Fox Cultural Capture and the Financial...



Stocks could fall another 50 percent or more (1353779)

Do stocks have much further to fall? The Wall Street Journal's Brett Arends asks that question. Despite Friday's boomlet, the Dow Jones Industrial Average still closed the week down 1%, and the broader S&P 500-stock index ended also down...



Oil Rout Not Due To Slowing Economies

Oil Rout Not Due To Shrinking Economies by Todd Sullivan, ValuePlays “Davidson” submits: Most seem convinced that globe is awash in oil (United States Oil Fund LP (ETF) (NYSEARCA:USO)). That this is due to US fracking techniques. This article...



Wellbeing: Busts Hurt More Than Booms Help

If the number of retweets of a link is any indication, there seems to be a lot of interest in this paper: Busts hurt more than booms help: New lessons for growth policy from global wellbeing surveys, by Jan-Emmanuel De Neve and Michael I. Norton, Vox...



How will Saudi Arabia respond to lower oil prices?

Oil prices (along with prices of many other commodities) have fallen dramatically since last summer. Some observers are waiting to see if Saudi Arabia responds with significant cutbacks in production. I say, don’t hold your breath. Source:...



“Stocks and bonds aren’t good enough anymore” – Wall Street

Here’s what’s coming down the pike, high net worth investors, and don’t say you haven’t been warned. The powers that be in Wall Street’s massive asset management units have figured out a workaround for...



Nader, Epstein on Fannie Mae, Freddie Mac [TRANSCRIPT]

Nader, Epstein on Fannie Mae, Freddie Mac by Todd Sullivan, ValuePlays Full transcript: Operator: Good day and welcome to today’s Investors Unite Teleconference hosted by Investors Unite Executive Director Tim Pagliara with special guest Mr....



EBay to spin off PayPal in 2015

EBay on Tuesday announced that it planned to spin off PayPal, the digital payment system that it bought in 2002 and that today accounts for about half of the Silicon Valley giant’s revenue. EBay said that in today’s climate of...



Dear ECB, see Hamlet, Prince of Denmark, Act III, Scene II…

Landon Thomas and Jack Ewing of Dealbook have happened across a delicious leak of ECB council minutes, running from May 2012 to January 2013. Here’s the ECB’s response: The E.C.B. neither provides nor approves emergency liquidity...



Why Twitter Stock Will Be Worth $100 Per Share by the End of December

NEW YORK (TheStreet) -- Twitter is a month away from its first birthday as a publicly traded company onatheaNew York Stock Exchange. So what do investors need to know about the social network now? And where is it going? First, let's look at the...



China Flinched

China flinched again. The country's central bank will inject $32 billion into the country's banking system, according to the Wall Street Journal. The capital will go to 2o major and regional banks. This is what the government refers to as...



Why is our Infant Mortality so Bad?

Aaron Carroll: So why is our infant mortality so bad?: ...Everyone knows that in international comparisons, the infant mortality rate in the US is terrible. Some people think it’s because we code things differently and try harder to...



David Einhorn Pitched SunEdison At A Conference And The Stock's Going Gangbusters

Billionaire hedge fund manager David Einhorn, who runs Greenlight Capital, pitched SunEdison as a long at the Robin Hood Investors Conference, according to a source who's present. The semi-conductor's stock has jumped about...



Here Are The Worst Countries To Grow Old In

The global population is aging rapidly. Today, there are roughly 868 million people who are at least 60 years old globally, or about 12% of the world’s population. By 2050, more than 2 billion people will be 60 or older, or 21% of the projected...



Eric Mindich Increases Stake in Riverbed Technology

By Holly LaFon. Read more » »Check out Eric Mindich Stock Picks » Download GuruFolio Report of Eric Mindich (Updated on 09/29/2014)Related Stocks:...



Where’s my flying hoverboard? (Back to the Future)

From The Daily Beast: Greg and Jill Henderson, founders of Hendo, have developed a real hoverboard. Yes, the flying skateboard that millions of moviegoers have wished were real since Back to the Future Part II premiered back in 1989 may become the...



One Thing Leads to Another: From Dividends/Buybacks to Capex

by Liz Ann SondersSeptember 29, 2014 Corporate cash, of which there's a mountain, has been devoted to stock buybacks and dividends; but the direction appears to have turned, finally, toward capex. ...



The Civility Whine