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CLINTON CAMPAIGN HACKED...

CLINTON CAMPAIGN HACKED...(Second column, 1st story, link)Related stories:REFUSED TO COOPERATE WITH FBI... ...



Exorcism: "Mistress dispellers" in China

The NY Times has the story: China’s Cheating Husbands Fuel an Industry of ‘Mistress Dispellers’"Mistress-dispelling services, increasingly common in China’s larger cities, specialize in ending affairs between married...



Cramer Sees Facebook Inc (FB) Stock At $160

Facebook Inc (NASDAQ:FB) has impressed Mad Money host Jim Cramer so much that he has run out of superlatives to describe how good the social media giant is doing in the market. The social networking giant is on a completely different level than...



7 Versions of Spaghetti and Meatballs to Try

Spaghetti and meatballs is a classic for a reason. It’s hard to resist the traditional Italian dish, and luckily, there are many variations of the easy lunch or dinner. Because while most people can hop on the carb train, everyone likes their dish...



China to Officially Make Ride-Hailing Legal

Although Uber and its Chinese rival Didi Chuxing have had huge success, and billions in investment, in the country, they had operated in a legal gray...



Episode #9: Guest: Pete Mladina, “What You Thought Was Skill Was Just Risk Premia”

Episode #9: “What You Thought Was Skill Was Just Risk Premia”   Guest: Pete Mladina. Pete is the Director of Portfolio Research for Wealth Management at Northern Trust. He is responsible for the application of leading research to the...



Clinton’s Convention Was Made for TV

“Hillary Clinton has so far been putting on a better television show in Philadelphia than Donald Trump did in Cleveland,” the New York Times reports. “Expectations had it the other way around. Mr. Trump is the bona fide...



Monthly Volatility Of The U.S. Stock Marktet [Chart]

My last volatility graph, this time looking at monthly price change instead of daily or weekly. The S&P 500 daily price data is from the Yahoo finance via Qunadl. Via Visualizing Economics BTW, if you want learn more about how I do what I do,...



Was Apple’s earnings beat too impressive?

Apple's forecast-beating earnings Tuesday left some analysts worried it's selling too many of its lower cost iPhone SE...



Twitter, Sky Sports Reach Deal for Premier League Highlights, Goals

Live video streaming was a key point of discussion during Twitter’s second-quarter-2016 earnings call Tuesday, and it didn’t take the social network long to ink another pact. Sky News reported that Twitter reached an agreement with Sky...



Today’s FOMC Statement

Here’s today’s statement: Information received since the Federal Open Market Committee met in June indicates that the labor market strengthened and that economic activity has been expanding at a moderate rate. Job gains were strong...



Tumblr advertising push could bring it back in favor with Verizon's help

Soon, Tumblr will have a new parent, and soon, it will help pay more of the bills. The blogging site, owned by Yahoo (which is in the process of being acquired by Verizon), is introducing a new advertising program that will place ads on each one of its...



Facebook Advertisers Can Create Custom Audiences Based on Time Spent on Websites

Facebook has added time spent on websites to the list of criteria for creating custom audiences. Reader Chris Ruberg, digital marketing specialist at OneCommand, shared the screenshots below with SocialTimes. Advertisers can narrow down their target...



Tesla Model 3 Could Generate $20B Per Year: Musk

Tesla’s Model 3 could create $20 billion in revenue per year and an annual gross profit of about $5 billion, said CEO Elon Musk. At a press conference on Tuesday at Tesla’s Gigafactory in the Nevada desert, Musk told reporters,...



Trump Won’t Release His Taxes

Paul Manafort told CBS News that Donald Trump would not be releasing his tax information. Said Manafort: “Mr. Trump has said that his taxes are under audit and he will not be releasing them… It has nothing to do with Russia, it has...



An unintended consequence of minimum wage hikes: more crime

A slightly edited and shorter version of my op-ed in today’s WSJ (with Michael Saltsman), “The Fight for $15 Will Hit North Philly Hard“:Vermont Sen. Bernie Sanders may not be the Democratic presidential nominee in 2016, but...



At World’s Largest Hedge Fund, Sex, Fear and Video Surveillance

Christopher Tarui’s complaint and interviews with former employees of the world’s largest hedge fund firm describe an atmosphere of surveillance that silences those who don’t fit the...



Famed TV psychic Miss Cleo reportedly dead at 53

Youree Harris — better known as TV psychic Miss Cleo in '90s commercials — has died at 53 following a cancer battle, TMZ reports. Harris passed away Tuesday morning in Florida.  Check out one of her famous "Call me...



Donald Trump: The Best Candidate for Your Money?

MANDEL NGAN/AFP/Getty Images Donald Trump. Love him or hate him, you’re familiar with the name. He’s the billionaire real estate tycoon dominating headlines with his unorthodox pursuit of the White House. His campaign slogan is “Make...



Goldman Sachs is having a rough week

Goldman Sachs is having a rough week. On Tuesday, news broke that the firm is being sued for allegedly breaching its fiduciary duty. The private equity firm Primus Pacific Partners — a shareholder of one of Goldman's...



Trump Jr.’s Pants-on-Fire Allegation of Manipulated Jobs Numbers

Jeff Frankel at Econbrowser: Trump Jr.’s Pants-on-Fire Allegation of Manipulated Jobs Numbers: When interviewed about the unemployment numbers, which have fallen steadily since 2010, Donald Trump Jr., replied “These are artificial numbers....



Tuesday assorted links

1. Binyamin Appelbaum profiles Lael Brainard (NYT). 2. When the husband is more stylish. 3. Adults have become shorter in many countries (NYT), and which nations have the tallest men and women?  Here is the paper. 4. When will the roach milk markets...



Non-Traded REIT Sales Plunge 75% in Three Years

Investment News: Over the first five months of the year, sales of full-commission REITs, which typically carry a 7% payout to the adviser and 3% commission to the broker-dealer the adviser works for, have dropped a staggering 70.5% when compared with the...



6 Banned Rock and Roll Hit Songs

The following is a list of some of the most famous examples of banned rock and roll songs in history. These tracks were widely prohibited by radio stations and record stores for a variety of reasons. Sometimes it’s the typical offensive content or...



Andrew Ross Sorkin Doesn't Like Glass-Steagall, So Is He Making Things Up to Push His Case?

That's the question millions are asking after reading his column noting that both the Democratic and Republican platforms call for re-instating Glass-Steagall. (It is important to note that the Democrats refer to the 21st Century Glass-Steagall Act...



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NFL: Preseason AFC East Predictions

We’ve rolled through the NFC in our preseason division predictions, which means it’s time to analyze the division that’s essentially owned by the New England Patriots, the AFC East. For the past seven seasons...



Brexit: Breaking the Cartel of Nations. Could Position Limits Be a Harbinger?

One of the ideas that I floated in my first post-Brexit post was that freed from some of the EU’s zanier regulations, it could compete by offering a saner regulatory environment. One of the specific examples I gave was position limits, for...



Exorcism: "Mistress dispellers" in China

The NY Times has the story: China’s Cheating Husbands Fuel an Industry of ‘Mistress Dispellers’"Mistress-dispelling services, increasingly common in China’s larger cities, specialize in ending affairs between married...



Forget Beanbag Chairs. Amazon Is Giving Its Workers Treehouses.

Amazon is building a complex at its Seattle headquarters where employees can sit by a creek, walk on suspension bridges and brainstorm in the...



6 Banned Rock and Roll Hit Songs

The following is a list of some of the most famous examples of banned rock and roll songs in history. These tracks were widely prohibited by radio stations and record stores for a variety of reasons. Sometimes it’s the typical offensive content or...



CLINTON CAMPAIGN HACKED...

CLINTON CAMPAIGN HACKED...(Second column, 1st story, link)Related stories:REFUSED TO COOPERATE WITH FBI... ...



7 Versions of Spaghetti and Meatballs to Try

Spaghetti and meatballs is a classic for a reason. It’s hard to resist the traditional Italian dish, and luckily, there are many variations of the easy lunch or dinner. Because while most people can hop on the carb train, everyone likes their dish...



Axe-Wielding Terrorist Attacks Train Passengers In Germany And A Police Car Is Firebombed In Florida

Crazy people committing random acts of senseless violence is rapidly becoming the “new normal” in the western world.  On Monday, a police vehicle was firebombed in Daytona, Florida by someone that was enraged by the recent...



China's "unprecedented" credit growth a risk for global credit (1656664)

China's economy grew 6.7 percent in the first half of the year, unchanged from the first quarter. Unfortunately, this has come at the expense of even more debt in the economy. From Reuters: As China's economy notches up another quarter of...



5 of Stephen King’s Best TV Adaptations

Stephen King | BERTRAND LANGLOIS/AFP/Getty Images For many of us, he is the master of horror. And whether you’re a fan of his or not, no one can deny the influence that Stephen King has had on our culture over the past three decades. He’s...



What Exactly Is Credit?

Today, the yield on the 10-year treasury hit a record low of 1.378%.  Given that data for this security go back to 1790, – a 226 year span that includes Civil War, two world wars, and multiples periods of economic upheaval, –...



ANOTHER Self-Driving Car Crash...

ANOTHER Self-Driving Car Crash...(Third column, 8th story, link)Related stories:TESLA waited nine days to report crash...Jack Ma plans to take drivers out... ...



Minutes of the Federal Open Market Committee, June 14-15, 2016

Minutes of the Federal Open Market Committee, June 14-15,...



We have a trial date for Martin Shkreli

The fraud trial of Martin Shkreli, the former CEO of controversial drugmaker Turing Pharmaceuticals, will begin on June 26th, 2017, according to CNBC. Shkreli stands accused of fraud for allegedly attempting to loot another pharmaceutical company he ran,...