Breaking News, Page 1

Older >

Krugman on Quantitative Easing and Inequality

Paul Krugman is on the mark in his comments on quantitative easing and inequality. The policy has helped boost the economy and create jobs, it is almost certainly a net gainer from the standpoint of distribution. I would make three additional points, all...



Links for 10-25-14

Monetary policy and inequality in the US - Vox Redistribution between generations - mainly macro China Will Keep Growing. Just Ask the Soviets. - NYTimes.com The Profits-Investment Disconnect - Paul Krugman Yellen´s Inequality Speech Revealed a...



Apple iTunes Sees Drop in Music Sales

Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent...



Market Power, 'the Profits-Investment Disconnect,' and the Mal-Distribution of Income

Maybe we'll finally start discussing something I've been writing about for years with little traction, how market power affects the distribution of income (the disconnect between income and the contribution to final product that occurs...



Sodastream International Ltd Pops On Pepsi Testing News

Shares of Sodastream International Ltd shot upward by as much as 18% after news the company is testing Pepsi productsSodastream International Ltd (NASDAQ:SODA) has had a rough year, with shares trending downward since January. Today the...



A Billionaire’s $65 Million Gift to Theoretical Physics

Charles T. Munger, a longtime business partner of Warren Buffett, is donating $65 million to the Kavli Institute for Theoretical Physics at the University of California, Santa...



UK recovery slows down as economic growth dips to 0.7% in third quarter

The Office for National Statistics data confirms that growth in July-September slowed from 0.9% in the second...



Solution to the helicopter design problem

See yesterday’s post for background. Here’s the question: In the helicopter activity, pairs of students design paper ”helicopters” and compete to create the copter that takes longest to reach the ground when dropped from a...



''A Few Comments on QE''

After A Few Comments on QE, Bill McBride ends with: ...My view is QE was not a panacea, but overall QE was a success.  I was a frequent critic of the Fed prior to the financial crisis - I think the Fed was almost anti-regulation during the...



Microsoft Corporation (MSFT)’s Cloud Is Finally Shaking the Loch Ness Monster Awake

 Microsoft Corporation (NASDAQ:MSFT)‘s CEO, Satya Nadella has finally helped the company grow back its long neck, resembling a Loch Ness monster. Using the long neck, the software company can now see far into the future, and help in...



September's Coincident Indexes Show Increased Economic Activity in 43 States

October 23, 2014 — The Bank has released the coincident indexes, which measure current economic activity in each of the 50 states. In September, the indexes increased in 43 states, decreased in four, and remained stable in...



Tell Me Something I Don’t Know: A New Freakonomics Radio Podcast

A few years ago, I developed a habit. If the person sitting next to me on an airplane seemed like they wanted to have a conversation, I’d ask them a bit about themselves — let’s say they worked in civil engineering...



Economic Disasters: The Butterfly Machine, Black Swans

Economic Disasters: The Butterfly Machine by David Merkel, CFA of The Aleph Blog There’s a phenomenon called the Butterfly Effect.  One common quotation is “It has been said that something as small as the flutter of a...



The War on ISIS: More Than One Battle

In the Vietnam War, saving Khe Sanh seemed essential. Turned out it...



Where’s my flying hoverboard? (Back to the Future)

From The Daily Beast: Greg and Jill Henderson, founders of Hendo, have developed a real hoverboard. Yes, the flying skateboard that millions of moviegoers have wished were real since Back to the Future Part II premiered back in 1989 may become the...



Credit Suisse net profit beats

Credit Suisse on Thursday reported third-quarter net profit above analyst forecasts as investment banking revenue...



SEC, Othey Key Agencies Approve Credit Risk Retention Rule

The ‘skin-in-the-game’ rule requires banks to maintain at least 5% of the risk on their books when they securitize loansSix federal agencies have adopted a final rule requiring banks to keep a stake in the mortgages they package and sell. The...



Why Rising Rents Haven’t Pumped Up Inflation

Policy makers and economy-watchers now seem more worried about disinflation rather than accelerating inflation. That wasn’t the expectation at the start of the year. In January, economists surveyed by The Wall Street Journal expected...



Helicopter Money in the Midst of a PLOG

Mark Thoma and his readings have pulled together a nice collection of writing on a concept known as “helicopter money”. To be honest, as I read all the links I decided to fire off my own comment which needs a little refining. My opening...



JPMorgan Chase Execs Knew Of China Hiring Issues Before Probe [REPORT]

JPMorgan Chase execs knew of China hiring problems since 2011According to knowledgeable Wall Street Journal sources, a number of senior execs at JPMorgan Chase & Co. (NYSE:JPM) in New York were advised of potential problems related to the...



Men experience slightly more online harassment — but young women are hit with the most severe forms

Online harassment is pervasive, a new Pew Research study shows. Forty percent of American adults say they have personally experienced such harassment, while 73 percent have seen it happen to others. And those figures become more extreme if you look...



Americans’ Social Security Benefits to Likely Increase 1.7% in 2015

Americans who receive Social Security benefits will see a modest increase in their checks next year to cover higher consumer prices. The annual cost-of-living adjustment will likely amount to 1.7% for 2015, according to inflation data released...



What Happened in Vegas

History repeats: A new plan for mortgages with low down...



GT Advanced, Apple in Deal for 'Amicable' Split-Up

GT Advanced Technologies has signed a pact with Apple Inc. for an “amicable parting of the ways,” Luc Despins, attorney for the bankrupt supplier to the technology giant, said...



Daimler Sold Its Remaining 4% Stake In Tesla Motors Inc

Daimler AG, who was an initial investor in Tesla, has sold its remaining stake in the EV company for $780 millionDaimler AG sold its remaining 4% stake in Tesla Motors Inc (NASDAQ:TSLA) and earned $780 million. According to the Wall Street Journal, the...



Breaking News, Page 1

Older >

2 hours | 12 hours | 24 hours | 30 days

Starboard Succeeds in Replacing Entire Darden Board

Starboard Value LP succeeded in replacing the entire board of Darden Restaurants, according to a preliminary count of the vote of...



At the Oregon Economic Forum: Introducing Doug Elliott: "Making Wall Street Work for Main Street

I am very happy to be here this morning to introduce the Oregon Economic Forum's Keynote Speaker, Doug Elliott of the Brookings Institution, and to set the stage for his talk. To do that, let me ask all of you to cast yourselves back to 2006, to...



Girl Power Anthems Continue to Dominate Billboard Hot 100

Source: Epic Records Pop female artists are definitely on a roll right now. For a record-breaking fifth week in a row, women are dominating all of the top five spots on the Billboard Hot 100, with Meghan Trainor in the lead. Trainor’s “All...



Job Growth Rebounds, but Wages Lag

The U.S. unemployment rate slipped below 6% for the first time since the recession as hiring returned to a strong pace, lifting hopes for an economy that continues to show sluggish wage growth and persistent...



EBay to spin off PayPal in 2015

EBay on Tuesday announced that it planned to spin off PayPal, the digital payment system that it bought in 2002 and that today accounts for about half of the Silicon Valley giant’s revenue. EBay said that in today’s climate of...



Wonkblog: Jean Tirole won the 2014 Nobel Prize in Economics for actually showing us how the real world works

Economists can tell us a lot about markets where there's perfect competition, but what about the real world? You know, that place where there are only a few big companies fighting — or maybe not — against each other. What should the...



David Einhorn Pitched SunEdison At A Conference And The Stock's Going Gangbusters

Billionaire hedge fund manager David Einhorn, who runs Greenlight Capital, pitched SunEdison as a long at the Robin Hood Investors Conference, according to a source who's present. The semi-conductor's stock has jumped about...



MessageMe Was Also Approached By Snapchat, Yahoo Deal Done At $30-40M

 Earlier today we reported that messaging app MessageMe was getting acquired by Yahoo — which MessageMe has now confirmed on its site, along with the inevitable news that the app is shutting down, effective November 7....



Canadian Pacific Turnaround Under Ackman a Sign of Next M&A Wave

NEW YORK (TheStreet) -- Corporate restructurings through asset sales,amanagement change and operational improvementamay be laying the foundation foraa new wave of large acquisitions, as C-suites look to M&A as the finalastep in a turnaround. Deal...



Eric Mindich Increases Stake in Riverbed Technology

By Holly LaFon. Read more » »Check out Eric Mindich Stock Picks » Download GuruFolio Report of Eric Mindich (Updated on 09/29/2014)Related Stocks:...



Judge holds Argentina in contempt over bond orders

The judge ruled the country's refusal to pay U.S. bondholders was illegal...



Quiz: Test Your News Knowledge

Take our latest News IQ quiz and see how you compare to the others who answered the questions as part of a national...



Weekend Must Must Reading: Janet Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances

Janet Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances--October 17, 2014: "I think it is appropriate to ask whether this [rising inequality] trend... ...is compatible with values rooted in our nation's...



Six reasons why Microsoft's 'karma' is bad for women

Satya Nadella urged women to trust the system, but his own company has a chequered reputation when it comes to female...