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Vince Foster was my brother. Donald Trump should be ashamed.

I can’t let his irresponsible revival of a conspiracy theory pass without...



Fed Watch: Powell, Data

Tim Duy: Powell, Data, by Tim Duy: Federal Reserve Governor Jerome Powell kept the prospects for a near-term rate hike alive and well in a speech today: For the near term, my baseline expectation is that our economy will continue on its path of growth...



It’s official: We now get most of our news from social media

The scale is tipping from traditional media to social media as a source for news. That’s the conclusion reached in a new study published on Thursday by Pew Research Center Pew surveyed over 4,600 people who told them that they’re...



“I don’t know” hits a 26-year high

Nobody knows what to do right now. Peter Boockvar notes that “I don’t know” sentiment just hit a 26-year high in the latest polls… Following the II data seen yesterday which saw about a 5 pt drop in Bulls which was...



RNC IN AGE OF TRUMP...

RNC IN AGE OF TRUMP...(Second column, 5th story, link)Related stories:Reaganomics Band Back Together...Trump Reaches Magic Number to Clinch Nomination... ...



Exxon shareholders OK measure that could put climate expert on board

DALLAS/SAN RAMON, Calif. (Reuters) - Voters at Exxon Mobil Corp's annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the company's board, meaning a climate activist could eventually...



Peter Thiel is the one behind Hulk Hogan's Gawker lawsuit

Confirming rumors that had grown over the past few days, Paypal cofounder Peter Thiel admitted to the New York Times that he is financing Hulk Hogan's lawsuit against Gawker Media. Its Gawker blog published an article in 2007 titled...



Ex-McDonald’s CEO says raising the minimum wage will help robots take jobs

A former McDonald's CEO thinks raising the minimum wage is...



Gross Jobs! 7 of the Most Disgusting Careers

A butcher in France processes a pig | Remy Gabalda/AFP/Getty Images Mike Rowe can teach you everything you want to know about dirty jobs, but some career paths take a turn down alleys so disgusting even he would have a hard time stomaching them. There...



Stocks Extend Rally, Buoyed by Oil

U.S. stocks marched higher, driven by gains in energy and financial shares. The move higher has come as oil prices approach $50 a barrel and investors appear more comfortable with the prospect of higher interest rates as early as this...



48% of Americans saving for retirement are pretty sure they have no idea what they're doing

The US has a retirement problem.  In the Federal Reserve's 2015 report on US household economic well-being, about half of respondents who said they were working towards saving for retirement were less...



‘Star Wars: The Force Awakens’: 8 Questions the Movie Didn’t Answer

Spoilers ahead for Star Wars: The Force Awakens! At long last, Star Wars: The Force Awakens hit theaters, shattering every box office record imaginable over the course of its opening weekend, as noted by Box Office Mojo. It was a decade-long...



These Two Links Don’t Sit Easily Together

This morning, two different people sent me these two links: What the hell is going on? What the hell is going on? To answer Tyler’s question at the end of (1), I think we are going to find...



Morgan Stanley has to pay two former professional athletes over $800,000

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Morgan Stanley has to pay two former professional athletes over $800,000 (FA Magazine) The Financial Industry Regulatory Authority...



Contrary to What You Read in the WaPo, Financial Transactions Taxes Will Save Most Investors Money

In an article that reports on plans by a new coalition to challenge the financial industry, the Washington Post implied that the financial transaction tax (FTT) supported by the coalition would hurt ordinary investors. The piece told readers: "The...



US and European stocks jump (1639583)

Stocks in the US and Europe rose sharply on Tuesday. The S&P 500 jumped 1.4 percent and the STOXX Europe 600 surged 2.2 percent. "Some of the economic news that's come out has been fairly nice," said Tom Carter, managing director at...



2.9 cheers for new home sales!

 - by New Deal democratAs you probably already know, April new home sales blew out to the upside, making a new 8 year high at 619,000 annualized.  *If this holds up,* it is very important positive economic news, since new home sales...



A historic number of millennials are living with their parents

Millennials are staying at home. According to a new study by the Pew Research Center, millennial men are more likely to live with their parents than with a spouse or partner, with 35% staying with mom and dad, and just 28% living with a...



Economic Scene: We’ve Seen the Trump Phenomenon Before

Discontent bred of globalization and economic devastation has precedent in history. Such dynamics preceded both world...



Trump Embraces the Fringe

Michael Gersen: “As a leader, Trump has succeeded by appealing to stereotypes and ugly hatreds that most American leaders have struggled to repress and contain, His political universe consists of deceptive experts, of scheming, of criminal...



The Clinton Crash of May 2016

The Iowa Electronic Markets (IEM) is a platform that allows people to wager real money on the outcome of various political elections.  Instead of simply asking people their views using a poll, the IEM tracks where people are actually putting their...



FBI INVESTIGATING TERRY MCAULIFFE...

FBI INVESTIGATING TERRY MCAULIFFE...(Third column, 3rd story, link)Related stories:Records show more than 100 donors contributed to both Clinton foundation and McAuliffe campaign... ...



Facebook to Highlight Moments in Archived Facebook Live Videos With Most Engagement

Facebook users watching archived Facebook Live videos may soon have a way to skip to the “highlights.” Josh Constine of TechCrunch reported that the social network is preparing a visualized timeline displaying the points during...



Links for 05-24-16

Bad arguments against Marxism - Chris Dillow Interview with Matthew Gentzkow - FRB Minneapolis The Truth About the Sanders Movement - Paul Krugman Can Two Wrongs Make a Right? (Forecasting) - macroblog Who Bears the Cost of Recessions? - NBER The...



Global Stocks Start Week Subdued

Global stocks struggled for direction as investors waited for further clues on the timing of U.S. interest rate...



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Can we plan for the next pandemic?

From Ron Klain, the former Ebola czar, in the Washington Post: If it seems like the world is being threatened by new infectious diseases with increasing frequency—H1N1 in 2009-2010, MERS in 2012, Ebola in 2014, Zika in 2016, yellow fever on the...



Bernie supporters sue to have voter registration extended...

Bernie supporters sue to have voter registration extended...(Top headline, 2nd story, link)Related stories:CALIFORNIA IS EVERYTHING!BRIDGES BERNING: Dem Sens Threaten Sanders...PAPER: WHY DOES EVERYONE HATE HILLARY?Dropped 'Gender Talk' After...



BHS has only itself to blame for its pension troubles

Here’s an odd argument the Bank of England is somehow to blame for BHS’s massive pension hole. This is the key bit: The investment environment fundamentally changed post-2008. To keep the UK economy liquid in the crisis, between...



In Sweden, an Experiment Turns Shorter Workdays Into Bigger Gains

A trial in the city of Gothenburg mandates a six-hour day and is testing whether it can reduce absenteeism and increase...



Exxon shareholders OK measure that could put climate expert on board

DALLAS/SAN RAMON, Calif. (Reuters) - Voters at Exxon Mobil Corp's annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the company's board, meaning a climate activist could eventually...



How the West (and the Rest) Got Rich

The Great Enrichment of the past two centuries has one primary source: the liberation of ordinary people to pursue their dreams of economic...



Economic Promises a President Trump Could (and Couldn’t) Keep

Much of what Donald Trump vows to accomplish in his first 100 days, if elected, is not feasible. But that doesn’t mean he wouldn’t have room to...



Global Stocks Start Week Subdued

Global stocks struggled for direction as investors waited for further clues on the timing of U.S. interest rate...



Is ‘Doom’ Worth Buying for the Campaign?

Doom had a multiplayer beta recently to give gamers a taste of what to expect from this reboot of one of the most important first-person shooter franchises of all time. We enjoyed it well enough, but not everyone is into online multiplayer. Since Doom...



A historic number of millennials are living with their parents

Millennials are staying at home. According to a new study by the Pew Research Center, millennial men are more likely to live with their parents than with a spouse or partner, with 35% staying with mom and dad, and just 28% living with a...



The Poor Pay More: New Goods Benefit the Rich

Max Ehrenfreund had an interesting column reporting on research that showed the prices of goods purchased by higher income households fell more rapidly than the prices of goods purchased by lower income households. The basic argument is that new goods...



‘Star Wars: The Force Awakens’: 8 Questions the Movie Didn’t Answer

Spoilers ahead for Star Wars: The Force Awakens! At long last, Star Wars: The Force Awakens hit theaters, shattering every box office record imaginable over the course of its opening weekend, as noted by Box Office Mojo. It was a decade-long...



Is Motorola bringing back the Razr?

Ahh, the Motorola Razr. Released in 2004, it became one of the most iconic gadgets of all-time and, until the iPhone, it was the world's best-selling cell phone. And it could be making a comeback. That is, if a new teaser from Motorola is to be...



Facebook to Highlight Moments in Archived Facebook Live Videos With Most Engagement

Facebook users watching archived Facebook Live videos may soon have a way to skip to the “highlights.” Josh Constine of TechCrunch reported that the social network is preparing a visualized timeline displaying the points during...



The Clinton Crash of May 2016

The Iowa Electronic Markets (IEM) is a platform that allows people to wager real money on the outcome of various political elections.  Instead of simply asking people their views using a poll, the IEM tracks where people are actually putting their...



Traditional finance firms are about to be slammed by a 'perfect storm'

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Traditional finance firms are about to be slammed by a "perfect storm" (FA Magazine) "A perfect storm of...



US and European stocks jump (1639583)

Stocks in the US and Europe rose sharply on Tuesday. The S&P 500 jumped 1.4 percent and the STOXX Europe 600 surged 2.2 percent. "Some of the economic news that's come out has been fairly nice," said Tom Carter, managing director at...



Links for 05-24-16

Bad arguments against Marxism - Chris Dillow Interview with Matthew Gentzkow - FRB Minneapolis The Truth About the Sanders Movement - Paul Krugman Can Two Wrongs Make a Right? (Forecasting) - macroblog Who Bears the Cost of Recessions? - NBER The...



FBI INVESTIGATING TERRY MCAULIFFE...

FBI INVESTIGATING TERRY MCAULIFFE...(Third column, 3rd story, link)Related stories:Records show more than 100 donors contributed to both Clinton foundation and McAuliffe campaign... ...



2.9 cheers for new home sales!

 - by New Deal democratAs you probably already know, April new home sales blew out to the upside, making a new 8 year high at 619,000 annualized.  *If this holds up,* it is very important positive economic news, since new home sales...