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Networks Struggle with Equal Time for Candidates

Donald Trump “relishes the spotlight of live television. Hillary Clinton has long recoiled from it. Now, the television news industry is wrestling with how to balance fairness, credibility and the temptations of sky-high ratings as it prepares...



Morning News: May 30, 2016

Governments Turn to Commercial Spyware to Intimidate Dissidents The Three Big Challenges Facing Puerto Rico Australia to Auction $11.5 Million Confiscated Bitcoins Fed’s Bullard Says Global Markets Seem Well-Prepared For Summer Rate Hike Yellen...



Links for 05-30-16

Trends in oil supply and demand - Econbrowser The mystery of weak US productivity - FT.com The late Victorian ‘workshop of the world’ - VoxEU Trump and loss aversion - James Surowiecki The Hail Mary gamble of voting for Trump -...



Trump's War on Data

Bill McBride at Calculated Risk: The War on Data, Calculated Risk: People have different priorities and different values. But we share the same data. Over the last few days, we've heard a presidential contender make comments completing ignoring...



Trump May Accept Nomination at a Stadium

“Donald Trump’s campaign is considering booking one of Cleveland’s big sports venues for his acceptance speech in July,” CNN reports. “Trump has said in recent weeks that he wants to add a Hollywood flair...



Further reading

Elsewhere on Monday, - Populist backlash and political economy. - The war on data, continued. - “VCs will give you points for honesty, but they won’t give you money,” says one entrepreneur who requested anonymity, as they are...



Analysts see US stocks rallying (1640800)

Some analysts think US stocks are about to rally. Ed Yardeni, president of Yardeni Research, told CNBC recently that the S&P 500 will rise as high as 2,300 by mid-2017. "Is there a recession around the corner? I don't see it," said...



NBA Playoffs: Biggest Upsets in Conference Finals History

LeBron James is well aware of the sting that a playoff upset can leave. | Vaughn Ridley/Getty Images Upsets on the biggest sports stages can shake the entire world. With the way the NBA Playoffs’s conference finals are going so far, everything...



‘X-Men: Apocalypse’ is a Step Backward for the Franchise

X-Men: Apocalypse felt all too familiar | Source: 20th Century Fox 2016 has been a year of firsts for the superhero genre. Deadpool was the first R-Rated success story. Batman v Superman was the first chapter in DC’s...



The Most and Least Dangerous States for Pedestrians

Once introduced, cars quickly became part of America’s culture — but with the automobile also came driver, passenger, and pedestrian traffic fatalities. Per capita traffic...



Cell Phones and Brain Cancer: A Mother Jones Symposium

From Mother Jones this morning: It's the moment we've all been dreading. Initial findings from a massive federal study, released on Thursday, suggest that radio-frequency (RF) radiation, the type emitted by cellphones, can cause cancer. I...



Jeffrey Sachs: Bernie Sanders easily wins the policy debate

Mainstream economists have forgotten the many benefits a progressive economic strategy can...



Bespoke Consumer Pulse — Interest Rate Expectations

Rate Hikes:  Today, Federal Reserve Chairwoman Janet Yellen spoke at a panel discussion at the Radcliffe Institute for Advanced Study at Harvard University.  Ms. Yellen reiterated that a rate increase would be appropriate “probably in...



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...



STOCKS DO NOTHING: Here's what you need to know (DIA, SPX, SPY, QQQ, IWM, XHB, TWLO)

Stocks went nowhere on Thursday in an extremely quiet and slow session that was, amazingly, not the final trading day of the week.  First, the scoreboard: Dow: 17,825, -25, (-0.1%) S&P 500: 2,089, -1, (-0.03%) Nasdaq: 4,901, +6,...



Trump Says He Won’t Need That Much Money to Win

Donald Trump tells Bloomberg that he won’t need to raise $1 billion to win the presidency. Said Trump: “No, I’d say over $500 million. I just don’t know why you need that much money.” He added:...



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...



'Beauty and the Beast' teaser claws past 'Star Wars: The Force Awakens' record

LOS ANGELES — The Beast awakens. You read that headline right: Disney’s live-action Beauty and the Beast teaser trailer is the most-viewed in the first 24 hours with 91.8 million peeps, beating out Star Wars: The Force Awakens,...



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Donald Trump: 'I'm the king of debt'

Donald Trump says he's not afraid of debt -- he even dubbed himself the "king of debt" -- but he is concerned about how higher rates will impact the national debt....



It’s Donald Trump’s Party, Not Paul Ryan’s

House Speaker Paul Ryan, the saint of the Beltway press, polished up his halo Thursday and went on CNN to say that he could not in good conscience support this vulgar beast that his party’s primary voters selected to be their presidential nominee....



Golfer Phil Mickelson Is Named In Insider Trading Case

U.S. officials say the former chairman of Dean Foods passed inside information to famed gambler Billy Walters, who then tipped off Mickelson. The SEC wants wants Mickelson to turn over...



Apple invests $1 billion in China's biggest ride-sharing company

Is an iCar showing up on our crystal balls? It sure looks like it after it was announced on Thursday that Apple has invested $1 billion in China's biggest ride-sharing company Didi Chuxing. According to Apple CEO Tim Cook, the strategic move was...



GM, Lyft to Test Self-Driving Electric Taxis

GM and Lyft will begin testing self-driving Chevrolet Bolt electric taxis on public roads within a year, as the companies seek to fight off Silicon Valley giants amid a reshaping auto...



The 2016 Crash of U.S. Imports from China

If you were paying attention to the news yesterday, you probably heard that the United States' trade deficit with the rest of the world hit was the smallest it has been in several years. Which is being presented as a positive for the U.S. economy. ...



Woody Allen responds to Ronan Farrow essay: 'Never read an interview. Never read anything'

Welp, guess that's all he has to say about that. On Wednesday, the Cannes Film Festival opened with a screening of Cafe Society, the latest film by acclaimed director and comedy icon Woody Allen — whose long-term relationship with actress...



Here’s the List of U.S. Stores Aeropostale Plans to Close

Aeropostale is seeking the “prompt closure” of 154 locations following the teen retailer’s chapter 11 filing Wednesday, about one-fifth of its store base. The company hopes to reorganize in bankruptcy after a string of losses and a...



Economic Scene: As Jobs Vanish, Forgetting What Government Is For

What has stopped the United States from creating better-paying jobs is not a lack of ideas but an encrusted ideological opposition to government...



The G.O.P. Horse Race Is Over, and Journalism Lost

Political journalists’ mistakes piled up as they played down the rise of Donald Trump as a serious candidate and emphasized his entertainment...



April NFP = +160,000

The government said that the economy created 160,000 net new jobs last month. That was below expectations of 200,000. Revisions sliced off 19,000 from the numbers for February and March. The unemployment rate stayed at 5%. While a downshift, the...



Obama’s elusive promise to deliver 1 million new manufacturing jobs

The United States would need to create 74,000 factory jobs a month to reach that...



WARREN BUFFETT WANTS YAHOO...

WARREN BUFFETT WANTS YAHOO...(Third column, 12th story, link) ...



FBI Interviews Top Clinton Aides

“Some of Hillary Clinton’s closest aides, including her longtime adviser Huma Abedin, have provided interviews to federal investigators, as the FBI probe into the security of her private email server nears completion,” U.S....