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‘The Crow’ Reboot: What We Know So Far

The Crow reboot has been plagued with production issues and other behind-the-scenes problems for years, but it looks like the project is now officially back on track. With a new star reportedly locked in, the film is finally moving forward and is on...



Obama Administration Planning To Circumvent Congress To Bail Out Health Insurers

Obama Administration Planning To Circumvent Congress To Bail Out Health Insurers Plan defies congressional prohibition on use of taxpayer funds for risk corridors program Washington, DC– FreedomWorks today blasted the Obama administration for...



NYT, Not Trump, Is Wrong About China's Currency

A headline of a NYT business section piece confidently told its readers that "China manipulates its currency, but not in the way Trump claims." The gist of the argument is that China has recently sold off some of its foreign exchange reserves...



Trump and the markets

I probably have pretty much the same (negative) view of Trump as does Tyler Cowen.  But I’m not particularly surprised by the stock market evidence that Tyler presents, suggesting that the election of Trump would not have much impact on...



Mankiw on Navarro – a Teachable Moment?

I’m not known to praise Greg Mankiw often but this post on the Navarro nonsense was worth the read: Their analysis of trade deficits, starting on page 18, boils down to the following: We know that GDP=C+I+G+NX. NX is negative (the trade deficit)....



WSJ Editorial Board Member Backs Clinton

Dorothy Rabinowitz, a member of the Wall Street Journal‘s editorial board, has endorsed Hillary Clinton: The end of the election is now in sight. Some among the anti-Hillary brigades have decided, in deference to their exquisite sensibilities,...



More cases of mysterious rash reported in California schools

More cases of mysterious rash reported in California schoolsAs experts try to determine what is causing a rash-like skin irritation in students and staff members at Lake Forest Elementary school, five more cases have been reported to district members,...



More New Features for Facebook’s Analytics for Apps

Facebook released more new features for its Analytics for Apps: support for web analytics, improved cross-device analytics, user properties and updated sharing insights. The social network introduced Analytics for Apps at F8 in March 2015, and updates...



Robot replaces parent...

Robot replaces parent...(Second column, 5th story, link) ...



Q2 GDP Revised to 1.4%

The second revision to Q2 GDP was released this morning. The government now says that the economy expanded, in real terms, by 1.4% during the second three months of the year. This is the seventh quarter in row in which the economy grew by 2.6% or less....



Greg Mankiw's Blog: A Trailer for the Pigou Club

via gregmankiw.blogspot.com From YouTube: From Academy Award®-winning filmmaker Fisher Stevens and Academy Award-winning actor, and environmental activist Leonardo DiCaprio, BEFORE THE FLOOD presents a riveting account of the dramatic changes now...



LAME DUCK OBAMA OVERRULED

LAME DUCK OBAMA OVERRULED(Main headline, 1st story, link) ...



It's not just Wells Fargo: executives who get the golden ax

It's not just Wells Fargo: executives who get the golden axIt's the definition of "failing upwards." It's become almost rote that when executives resign in disgrace they get to walk away with massive paydays.This time around,...



Germany is denying it's preparing to bailout Deutsche Bank

The German government has denied claims that it is in the process of preparing a bailout package for the country's biggest lender, Deutsche Bank. Earlier on Wednesday, German newspaper Die Zeit reported that officials in the state are in the process...



U.S. warns Samsung washing machine owners after explosion reports

U.S. regulators are warning owners of top-loading Samsung washing machines following reports that some have...



5 of Donald Trump’s Favorite Sports Teams

Donald Trump speaks to the media about a partnership with the PGA. | Mike Stobe/Getty Images for PGA of America When we think about Donald Trump and pro sports, it’s usually because we’re picturing him taking over NFL logos. That...



One of China’s richest men is warning about the 'biggest bubble in history'

Chinese billionaire Wang Jianlin is worried about the country's real estate market. The tycoon who made his fortune in the real estate market and owns China's largest real estate developer, Dalian Wanda Group, appeared on CNNMoney...



Amazon is expanding into a huge new market and some smart investors think it’s bad news for the stock (AMZN)

Amazon shares have been on an absolute tear over the past couple years.  The stock passed the $800 mark for the first time last week, and is now trading at an all-time high of about $830 per share. Just two years ago, in October 2014,...



VAT Of Deplorables

Trump picks terrible advisors,...



At The Doctor’s Office: 3 Times When You Should Get a Second Opinion

If you’ve recently been diagnosed with an illness, you’re probably still feeling the aftershocks of the experience. You may be feeling a confusing mix of emotions, and you’re not sure what to do or how to return as quickly as...



EEK! Those Power Plants Are Spewing Water Into the Atmosphere!

Yet another media article on CO2 illustrated with steam plumes ...



Who Sets The Price Of Oil? Wall Street Speculators?

Members of our "Planet Money" team recently got into the oil business. They learned one of the most basic questions about the business is: who sets the price of oil? Speculators are often...



Wells Fargo CEO to give up $41 million in pay after sales scandal



NYT Editorial In News Section for TPP Short on Substance

When the issue is trade deals, like the Trans-Pacific Partnership (TPP), the New York Times throws out its usual journalistic standards to push its pro-trade deal agenda. Therefore it is not surprising to see a story in the news section that was...



HBO vs. FX: Which Network is Better?

In past years, audiences looked to network television for the best shows. The last decade and a half have seen the attention shift though, first toward HBO in their Wire heyday, then to AMC when they carried The Walking Dead, Mad...



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Obama Administration Planning To Circumvent Congress To Bail Out Health Insurers

Obama Administration Planning To Circumvent Congress To Bail Out Health Insurers Plan defies congressional prohibition on use of taxpayer funds for risk corridors program Washington, DC– FreedomWorks today blasted the Obama administration for...



Wells Fargo CEO to give up $41 million in pay after sales scandal

The bank's board has launched an indepdenent investigation into the company's retail...



Germany is denying it's preparing to bailout Deutsche Bank

The German government has denied claims that it is in the process of preparing a bailout package for the country's biggest lender, Deutsche Bank. Earlier on Wednesday, German newspaper Die Zeit reported that officials in the state are in the process...



Trump and the markets

I probably have pretty much the same (negative) view of Trump as does Tyler Cowen.  But I’m not particularly surprised by the stock market evidence that Tyler presents, suggesting that the election of Trump would not have much impact on...



Global activity now led by the emerging economies

In last month’s report on the Fulcrum nowcasts for global economic activity, we documented a marked pick-up in growth rates in many big economies, ending a prolonged period in the doldrums. At that time, global growth was running slightly above...



NYT, Not Trump, Is Wrong About China's Currency

A headline of a NYT business section piece confidently told its readers that "China manipulates its currency, but not in the way Trump claims." The gist of the argument is that China has recently sold off some of its foreign exchange reserves...



Pokemon Go: iPhone Jailbreak And Rooted Android Workaround

If you like the freedom that comes with owning a jailbroken iPhone or rooted Android phone but also love to catch Pokemon via Pokemon Go, there’s some bad news. The latest update to the most popular game in the world removes support for...

Watch the Video > Post includes YouTube video


‘The Crow’ Reboot: What We Know So Far

The Crow reboot has been plagued with production issues and other behind-the-scenes problems for years, but it looks like the project is now officially back on track. With a new star reportedly locked in, the film is finally moving forward and is on...



Amazon is expanding into a huge new market and some smart investors think it’s bad news for the stock (AMZN)

Amazon shares have been on an absolute tear over the past couple years.  The stock passed the $800 mark for the first time last week, and is now trading at an all-time high of about $830 per share. Just two years ago, in October 2014,...



The great American make-work programme

People enjoy work. Even those who don’t enjoy what they do enjoy the feeling of agency and being able to provide for others. For a world to work where a universal basic income accounts for the bulk of the consumer spending for many people,...



VAT Of Deplorables

Trump picks terrible advisors,...



Yellen on Trump: 'We do not discuss politics at our meetings'

Yellen on Trump: 'We do not discuss politics at our meetings'Federal Reserve Chair Janet Yellen thinks Donald Trump has the Fed wrong. Yellen was asked Wednesday by The Wall Street Journal's Jon Hilsenrath whether the Fed was...



At The Doctor’s Office: 3 Times When You Should Get a Second Opinion

If you’ve recently been diagnosed with an illness, you’re probably still feeling the aftershocks of the experience. You may be feeling a confusing mix of emotions, and you’re not sure what to do or how to return as quickly as...



Mankiw on Navarro – a Teachable Moment?

I’m not known to praise Greg Mankiw often but this post on the Navarro nonsense was worth the read: Their analysis of trade deficits, starting on page 18, boils down to the following: We know that GDP=C+I+G+NX. NX is negative (the trade deficit)....



EEK! Those Power Plants Are Spewing Water Into the Atmosphere!

Yet another media article on CO2 illustrated with steam plumes ...



Greg Mankiw's Blog: A Trailer for the Pigou Club

via gregmankiw.blogspot.com From YouTube: From Academy Award®-winning filmmaker Fisher Stevens and Academy Award-winning actor, and environmental activist Leonardo DiCaprio, BEFORE THE FLOOD presents a riveting account of the dramatic changes now...



Who Sets The Price Of Oil? Wall Street Speculators?

Members of our "Planet Money" team recently got into the oil business. They learned one of the most basic questions about the business is: who sets the price of oil? Speculators are often...



Man allegedly robs bank in hopes of going to jail, getting away from his wife

Man allegedly robs bank in hopes of going to jail, getting away from his wifeBank robbery usually has a pretty clear motive, but one man's reason for allegedly committing the crime is far from typical.On Friday, Lawrence John Ripple, 70, walked into...



LAME DUCK OBAMA OVERRULED

LAME DUCK OBAMA OVERRULED(Main headline, 1st story, link) ...



WSJ Editorial Board Member Backs Clinton

Dorothy Rabinowitz, a member of the Wall Street Journal‘s editorial board, has endorsed Hillary Clinton: The end of the election is now in sight. Some among the anti-Hillary brigades have decided, in deference to their exquisite sensibilities,...