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Unfortunate man bitten on penis by venomous spider

What this port-a-john lacked in toilet paper, it made up for in venomous spiders. A 21-year-old Australian man was hospitalized Wednesday after a redback spider attacked his penis while he was using a portable toilet. While paramedics were called to the...



Lemonade sentences to ponder

For those of you who just returned from a trip to Mt. Everest, Lemonade is Beyoncé’s latest album, and the lyrics are all about the pain she felt when her husband, music mogul Jay-Z, cheated on her. Or so it’s universally...



Economy In Decline: Apple Reports Massive Revenue Decline As iPhone Sales Plummet Dramatically

Corporate revenues in the United States have been falling for quite some time, but now some of the biggest companies in the entire nation are reporting extremely disappointing results.  On Tuesday, Apple shocked the financial world by reporting that...



Drug Prices Keep Rising Despite Intense Criticism

The burden of drug pricing often falls most heavily on the uninsured, who must pay list...



How Trump Killed Reaganism

There have been three GOP revolutions since World War II. No telling what’s...



Express Scripts CEO aims to keep Anthem as a customer

NEW YORK (Reuters) - Pharmacy benefit manager Express Scripts Holding Co's top executive said on Tuesday that despite its contract dispute with Anthem Inc over pharmaceutical price cuts Anthem says it is owed, it aims to keep the health insurer as...



Links for 04-27-16

Robert J. Shiller on Competition, Deception and Rent-Seeking - ProMarket The Mirage of a Return to Manufacturing Greatness - NYTimes Could A Higher Minimum Wage Increase Employment? - EconoSpeak Who's the Threat? Big Business, Big Labor, Big...



VW Presentation in ’06 Showed How to Foil Emissions Tests

The proposal, discovered as part of the investigations into Volkswagen, provides a direct link to the genesis of the diesel...



A Windfall for Chobani Employees: Stakes in the Company

The yogurt maker is giving workers shares worth up to 10 percent of the company when it goes public or is sold. Individual stakes, based on tenure, could range to over $1...



YouTube Updates Content Recommendation Engine in iOS, Android Apps

YouTube beefed up the machine learning engine behind the content recommendations in its iOS and Android applications. Google vice president of YouTube product management Johanna Wright told CNET the improved recommendations engine is based...



Facebook faces sky-high expectations

The pioneering social network will report first quarter earnings on Wednesday and Wall Street expects massive...



T-Mobile's CEO says Verizon will make a 'stupid acquisition' in the next six months (TMUS, VZ, YHOO)

T-Mobile CEO John Legere thinks Verizon will make a "stupid acquisition" within the next six months.  Legere was not specific in his interview on CNBC on Tuesday, but he could have been referencing reports about Verizon's interest...



Masters In Business: Robert Johnson’s Financial Education Advocacy

Masters In Business: Robert Johnson’s Financial Education Advocacy by Barry Ritholtz On this week’s Masters in Business radio podcast, I speak with Dr. Robert Johnson, President of the American College of Financial...



POLL: TRUMP HITS HIGHEST...

POLL: TRUMP HITS HIGHEST...(Top headline, 1st story, link)Related stories:SUPPORTERS CHASE DOWN CARAVAN IN RI...CRUZ CONFRONTED: HOW CAN YOU HAVE DELEGATES WITHOUT A VOTE?KASICH: 'I'm not out to stop Trump'...Pact Quickly...



Bring on a Third-Party Candidate

Establishment America deserves disruption, but not of the Sanders or Trump type. Here’s how to do...



The Question Is Not "Free Trade" and Globalization, It Is Free Trade and Globalization Designed to Screw Workers

Why are none of the "free trade" members of Congress pushing to change the regulations that require doctors go through a U.S. residency program to be able to practice medicine in the United States. Obviously they are all protectionist...



Saudi Reforms Are Ambitious But Are They Achievable?

Can Saudi reforms actually achieve the goal of diversifying away from oil, liberalizing the economy and its society to various degrees? When Saudi Arabia recently announced they were working to diversify their economy away from oil, one could almost hear...



Links for 04-26-16

Economics and Self-Awareness - Paul Krugman The Long Game - The Baseline Scenario The Fed's Inflation Fail - Narayana Kocherlakota How Dwindling Fish Stocks Got a Reprieve - The New York Times Is the Road to Hell Paved with Pareto...



MLB: 5 Jackie Robinson Stats That Will Blow Your Mind

Jackie Robinson | Archive/Getty Images April 15 is Jackie Robinson Day across Major League Baseball, the day we celebrate the guts, perseverance, and spectacular talent of the first ballplayer to break the color line. Now 69 years after the fact,...



Global Stocks Weighed Down by Falling Commodity Prices

Global stocks inched lower, weighed down by falling commodity prices, as investors prepared for another week of first-quarter earnings reports and meetings of the Federal Reserve and Bank of...



Apple is outdated, billionaire rival Jia says

Apple is losing momentum in China by failing to innovate, entrepreneur Jia Yueting told CNBC in his first international television...



Bangladeshi Hackers Compromised SWIFT Software, Stole $81M

Security researchers at British defense contractor BAE Systems say that the cyber attackers probably used the SWIFT financial platform in order to steal $81 million from the Bangladesh central bank. SWIFT lies at the heart of the global financial system...



Millennials overtake Baby Boomers as America’s largest generation



Argentina Did Not Invent the Term "Vulture Fund"

The NYT had an account of the negotiations that led an agreement where holders of defaulted debt received billions of dollars in payments from the Argentine government. It made a point of contrasting the attitude of the new government, which was elected...



A Moral Case for Breaking the Law

When the WW2 Museum dedicated P-51 last week, I recalled the words of Martin Luther King. He said, “One has a moral responsibility to disobey unjust laws.” Technology is moving at an unbelievable pace.  There are things that can...



Breaking News, Page 2

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FBI won't tell Apple how it got into the San Bernardino shooter's iPhone

The FBI on Wednesday opted not to share its method for hacking into the iPhone used by one of the San Bernardino shooters with Apple. After a legal battle that dragged on for more than six weeks, the FBI was able to bypass the encryption on the iPhone...



FOMC Statement: No Change to Policy, Less Global Concern

Not much change. Less mention of "global" risks.FOMC Statement: Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears...



Lemonade sentences to ponder

For those of you who just returned from a trip to Mt. Everest, Lemonade is Beyoncé’s latest album, and the lyrics are all about the pain she felt when her husband, music mogul Jay-Z, cheated on her. Or so it’s universally...



Saudi Reforms Are Ambitious But Are They Achievable?

Can Saudi reforms actually achieve the goal of diversifying away from oil, liberalizing the economy and its society to various degrees? When Saudi Arabia recently announced they were working to diversify their economy away from oil, one could almost hear...



Facebook faces sky-high expectations

The pioneering social network will report first quarter earnings on Wednesday and Wall Street expects massive...



Redacted Version Of The April 2016 FOMC Statement

Redacted Version Of The April 2016 FOMC Statement by David Merkel, The Aleph Blog March 2016 April 2016 Comments Information received since the Federal Open Market Committee (FOMC) met in January suggests that economic activity has been expanding at...



A Windfall for Chobani Employees: Stakes in the Company

The yogurt maker is giving workers shares worth up to 10 percent of the company when it goes public or is sold. Individual stakes, based on tenure, could range to over $1...



Employee's Body Found at APPLE HQ...

Employee's Body Found at APPLE HQ...(Third column, 5th story, link)Related stories:'Suicide'... ...



VW Presentation in ’06 Showed How to Foil Emissions Tests

The proposal, discovered as part of the investigations into Volkswagen, provides a direct link to the genesis of the diesel...



Links for 04-27-16

Robert J. Shiller on Competition, Deception and Rent-Seeking - ProMarket The Mirage of a Return to Manufacturing Greatness - NYTimes Could A Higher Minimum Wage Increase Employment? - EconoSpeak Who's the Threat? Big Business, Big Labor, Big...



MLB: 5 Jackie Robinson Stats That Will Blow Your Mind

Jackie Robinson | Archive/Getty Images April 15 is Jackie Robinson Day across Major League Baseball, the day we celebrate the guts, perseverance, and spectacular talent of the first ballplayer to break the color line. Now 69 years after the fact,...



How Trump Killed Reaganism

There have been three GOP revolutions since World War II. No telling what’s...



Valeant is making huge changes to its board

Drugmaker Valeant Pharmaceuticals is expected to name four new directors as soon as Friday, The Wall Street Journal reported. Five of its long-standing directors have agreed to step down to make room for the new nominees, the Journal reported, citing...



Masters In Business: Robert Johnson’s Financial Education Advocacy

Masters In Business: Robert Johnson’s Financial Education Advocacy by Barry Ritholtz On this week’s Masters in Business radio podcast, I speak with Dr. Robert Johnson, President of the American College of Financial...



Economy In Decline: Apple Reports Massive Revenue Decline As iPhone Sales Plummet Dramatically

Corporate revenues in the United States have been falling for quite some time, but now some of the biggest companies in the entire nation are reporting extremely disappointing results.  On Tuesday, Apple shocked the financial world by reporting that...



4 Video Game Betas You Can Play or Sign Up for Now

Want to play some of the biggest video games weeks or even months before they come out? Not everyone is aware, but you can download and play limited versions of huge games, completely for free. That’s because game developers often run beta tests to...



POLL: TRUMP HITS HIGHEST...

POLL: TRUMP HITS HIGHEST...(Top headline, 1st story, link)Related stories:SUPPORTERS CHASE DOWN CARAVAN IN RI...CRUZ CONFRONTED: HOW CAN YOU HAVE DELEGATES WITHOUT A VOTE?KASICH: 'I'm not out to stop Trump'...Pact Quickly...



Express Scripts CEO aims to keep Anthem as a customer

NEW YORK (Reuters) - Pharmacy benefit manager Express Scripts Holding Co's top executive said on Tuesday that despite its contract dispute with Anthem Inc over pharmaceutical price cuts Anthem says it is owed, it aims to keep the health insurer as...



Bring on a Third-Party Candidate

Establishment America deserves disruption, but not of the Sanders or Trump type. Here’s how to do...



Unfortunate man bitten on penis by venomous spider

What this port-a-john lacked in toilet paper, it made up for in venomous spiders. A 21-year-old Australian man was hospitalized Wednesday after a redback spider attacked his penis while he was using a portable toilet. While paramedics were called to the...