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Can Delta Air Lines, Inc. (DAL) Capitalize On Plunging Oil Prices And Grow Further In 2015?

Delta Air Lines, Inc. (NYSE:DAL) has been among the primary gainers from plunging oil prices. Overall, transportation industry has gained from drop in oil prices. Delta Air Lines, Inc. (NYSE:DAL) shares has gained more than 45% in the last 1 year and...



Suspicious Nonsense on Trade Agreements

What's good for the US Chamber of Commerce is probably bad for...



Don't Blame Poor People for the Housing Crisis

Tyler Cowen: Were poor people to blame for the housing crisis?, by Tyler Cowen: When we break out the volume of mortgage origination from 2002 to 2006 by income deciles across the US population, we see that the distribution of mortgage debt is...



Buiter, the SNB and the effective lower bound

From an “indefinitely sustainable” regime to a” dirty/ managed float”… Citi’s Buiter is not a fan of the Swiss National Bank’s quashing of its own floor last week. We know what the...



More on Paul Krugman and the Swiss Movement

Paul Krugman is still upset over the decision by Switzerland's central bank to end its peg to the euro and allow the value of the Swiss franc to rise. Since some of us non-hyper-inflation worriers don't share his anger, perhaps it worth...



14 international coffee recipes for a double shot of culture

Get your international buzz on. There's nothing like a cup of hot coffee to get us going on Monday mornings. However, drinking down our usual brew can get a little bit boring — and there's a big, wide world of coffee lovers out there...



Obama’s new tax plan would go straight after Mitt Romney’s money

Mitt Romney, the former Republican presidential nominee, left, greets people after speaking during the Republican National Committee's winter meeting aboard the USS Midway Museum Friday, Jan. 16, 2015, in San Diego. (AP Photo/Gregory Bull) President...



Links for 01-18-15

Opposites Day - Paul Krugman Is a Climate Disaster Inevitable? - NYTimes.com Sokrates and Friends in Davos - Brad DeLong The Hemingway Law of Motion: Gradually, then Suddenly - Tim Taylor Negatively-valued (red) money in an OLG model - Nick Rowe Helping...



Money Dries Up for Oil and Gas, Layoffs Spread, Write-Offs Start

When money was growing on trees even for junk-rated companies, and when Wall Street still performed miracles for a fee, thanks to the greatest credit bubble in US history, oil and gas drillers grabbed this money channeled to them from...



Will 2014 Finally Be the Year That Puts the Climate Denialists' 1998 Chestnut to Rest?

With 2014 now in the books, it's a good time to refresh our memories about the great conservative global warming hoax. Here's a look at the usual conservative presentation showing that the planet hasn't warmed even a teensy little bit...



There are no Friedmans today, except maybe Friedman himself

How come no economist on the right is asking "Where are the Galbraiths of yesteryear?"? It's because Milton Friedman won the debate, and John Kenneth Galbraith lost. Both Friedman (on the right) and Galbraith (on the left) were...



Casualties From New York to New Zealand...

Casualties From New York to New Zealand...(Third column, 11th story, link)Related stories:Swiss franc shockwave hits firms around world... ...



Why did the Swiss break the peg of the franc?

Paul Krugman writes: Two things to bear in mind. First, having in effect thrown away its credibility – in today’s world, the crucial credibility central banks need involves, not willingness to take away the punch bowl, but willingness to keep...



What Good Are Economists?

Since the global financial crisis and recession of 2007-2009, criticism of the economics profession has intensified. If economists were unable to foresee something so important to people’s wellbeing, what good are they to...



Apple Inc. Stock May Fall 20% On Slow iPhone, Watch Sales [REPORT]

Apple shares could drop 20% as sales of the iPhone slow in the second half of this year and sales of the upcoming Apple Watch are not able to make up for the decline, according Mizuho Securities analyst Abhey Lamba, who shared the view in a note on...



Google ending current Glass program

Google will stop selling the current version of Google Glass and reorganize the business behind it, the company said on...



Americans’ Top Priorities for 2015

For the first time in five years, as many Americans cite defending the U.S. against terrorism (76%) as a top policy priority as say that about strengthening the nation’s economy...



10 Takeaways From Lagarde’s Swipe at the Swiss National Bank

Swiss National Bank president Thomas Jordan, who was criticized by IMF managing director Christine Lagargde for the central bank’s surprise move Thursday.  Agence France-Presse/Getty Images At least 10 lessons can be gleaned from...



"The Myth of Gentrification"

Oh, my: this is an eye-opener. Of course, displacement is not the only way in which gentrification could harm the poor. Residents of gentrifying neighborhoods might stay put but suffer from rising rents. Freeman and Braconi found that rents did rise in...



'Selma' Didn't Deserve More Than a Best Picture Nomination

The Internet is awash in anger (more than usual) over the fact that the motion picture Academy didn’t honor Ava DuVernay’s film Selma—a historical drama about Martin...



What In The World Just Happened In Switzerland?

Central banks lie.  That is what they do.  Not too long ago, the Swiss National Bank promised that it would defend the euro/Swiss franc currency peg with the “utmost determination”.  But on Thursday, the central bank...



I need your help in setting up the ultimate bracket: Picking the ideal seminar speaker

This came in the departmental email awhile ago: CALL FOR APPLICATIONS: LATOUR SEMINAR — DUE DATE AUGUST 11 (extended) The Brown Institute for Media Innovation, Alliance (Columbia University, École Polytechnique, Sciences Po, and...



Google Launches New Classroom App

Modern technology has made major strides in education, and Google’s latest advancement is no exception. The search giant just launched its Classroom app, which enables students to submit their homework via their smartphones. The latest...



Allan Landon And The Federal Reserve Vacancies

President Obama announced last week he planned to nominate Allan R. Landon to fill one of two long-standing vacancies on the Federal Reserve Board of Governors. Of note, Landon will be the first community banker on the Fed’s Board of...



Manufacturing Activity Slowed in January

January 15, 2014 — Manufacturing activity grew at a slower pace in January, according to firms responding to the latest Manufacturing Business Outlook Survey. The diffusion index of current activity decreased from a revised reading of 24.3 in...



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Starboard Value Intensifies Demand For Staples-Office Depot Merger

Starboard Value LP, the activist hedge fund headed by Jeffrey Smith is planning to intensify its demand for a Staples-Office Depot merger. Last December, Starboard Value boosted its stakes in Staples to 6% and Office Depot to approximately 10%. At the...



Buy Netflix Ahead of Earnings on Overseas Growth, Cord-Cutting Trend

NEW YORK (TheStreet) – With 50.1 million total subscribers at the end of its third quarter, Internet movie streaming giant Netflix has already become a disruptive force among television viewers. Its growth has only just begun, as the...



Jim Cramer Says That He Wouldn’t Write Google Inc (GOOGL) Off Despite Downgrade By Stifel

Google Inc (NASDAQ:GOOGL) recently received a downgrade from Stifel Nicolaus & Company from a ‘buy’ rating to ‘hold’ rating. This downgrade has impacted Google Inc (NASDAQ:GOOGL) shares, since they started today...



Apple already hits new records in 2015

Apple says billings rose 50 percent and apps generated over $10 billion in revenue for developers last...



'Nominate A Qualified Undersecretary Of Domestic Finance Now'

This is from Simon Johnson (I didn't follow the debate over the qualifications of Antonio Weiss, the administration's nominee for Undersecretary for Domestic Finance, as closely as I should have, so I don't have much to say about...



This Is The Beginning Of The End For The Euro