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Is Portugal Europe’s Next Greece?

EUropean Portugese Flags

The election of an anti-austerity government in Portugal is raising some concerns.

Frank Gifford, C.T.E., And The N.F.L.’s Continuing Concussion Problem

Frank Gifford Giants

The news that the late football legend Frank Gifford suffered from the same chronic brain disease that has been diagnosed in many N.F.L. players in recent years, and the upcoming release of a new film on the issue, seems certain to increase pressure to protect players at all levels of football.

John Oliver On Getting Rid Of The Penny


On Sunday’s Last Week Tonight, John Oliver hit on an issue that I’ve talked about before, getting rid of the penny: Why is the penny still a thing? As John Oliver pointed out on his HBO show “Last Week Tonight” on Sunday, it costs 1.7 cents to make each penny, so they lose money the moment they’re […]

Economic Growth Was Slightly Better Over The Summer Than Initially Reported

Economy Heartbeat

The economy performed a little better than previously reported over the summer. It’s not great, but it’s probably enough to convince the Federal Reserve to raise interest rates next month.

Sony Is Finally Killing Off Betamax. Wait, Betamax Was Still Alive?

Betamax v. VHS

You thought Betamax died three decades ago didn’t you?

Second Democratic Debate Draws 8.5 Million Viewers, Lowest Of Any 2016 Debate So Far

Second Democratic Debate

Not unexpectedly, last night’s Democratic Debate in Iowa drew the lowest ratings of any debate so far: The second Democratic primary debate of the year averaged 8.5 million viewers on Saturday night, far fewer than the audience of the first debate, according to preliminary Nielsen ratings. The debate was the most-watched show of the night […]

No, Donald Trump Isn’t “Self-Funding” His Campaign

Trump Escalator

Donald Trump likes to tell people that he’ll never be beholden to special interests because he’s self-funding his campaign. So far, though, that doesn’t really seem to be true.

‘War On Christmas’ Apparently Now Being Fought With Coffee Cups

Starbucks Holiday Cups 2015

You may not be aware, but your local Starbucks is the new front in the ‘War On Christmas.’

Obama Administration Rejects Keystone XL Pipeline

Keystone XL Map

To no real surprise, the Obama Administration has rejected the application to approve the Keystone XL Pipeline. It is likely to remain an issue in the upcoming Presidential campaign, though.

Strong October Jobs Report Implicates Fed Policy, Role Of The Economy In 2016 Election

Now Hiring Sign

A much stronger than expected October Jobs Report suggests that the Federal Reserve is likely to move on interest rates, and raises questions about how economic issues will play out politically in 2016.

TransCanada Asks For Delay In Keystone XL Pipeline Review

Keystone XL Map

Another piece of news that all but guarantees the fate of the Keystone XL project will not be resolved before President Obama leaves office.

Star Trek Returning To Television In 2017, But Only On Digital Streaming


Boldly going……..again?

China Ends ‘One Child’ Policy Over Demographic Concerns

China Flag and Skyline

Thanks mostly to well-founded demographic concerns, China is ending the ‘One Child’ policy, but it is probably too late for them to avoid the consequences of the forty year program.

Senate Passes Two-Year Budget Deal


As expected, the Senate easily passed the two-year budget deal early this morning.

Economic Growth Over The Summer Was Quite Sluggish

Economy Heartbeat

Gross Domestic Product grew at a sluggish 1.5% in the just-concluded Third Quarter, calling the Federal Reserve’s apparent plan to raise interest rates at some point even further into question.

CNBC Debate Had Fewer Viewers Than Any Debate So Far, Which Is Good For CNBC

Republican Presidential Candidates Hold Third Debate In Colorado

While it did draw 14 million viewers, last night’s CNBC debate had the smallest audience of any Presidential debate so far. That was probably a good thing for CNBC considering how bad the debate was.

Playboy To Drop Nude Pictorials

Hugh Hefner Playboy

From now on, you’ll just have to read it for the articles.

Hillary Clinton Comes Out Against Trade Bill She Negotiated and Touted


Obama’s first Secretary of State has come out against Obama’s Trans Pacific Partnership.

A Lackluster September Jobs Report


September’s Jobs Report was disappointing to say the least, and calls into question the Federal Reserve’s apparent plan to raise interest rates in the near future.

Final Revision Shows Strong Second Quarter GDP Growth

Economy Heartbeat

The final GDP revision for the second quarter showed the economy grew at a nearly four percent rate.

Federal Judge Rules ‘Happy Birthday To You’ Copyright Invalid


A Federal Judge has ruled that the copyright to ‘Happy Birthday To You’ has been invalid for at least the past eighty years.

Surprising Many, Federal Reserve Declines To Raise Interest Rates

Economy Heartbeat

After months of hinting that interest rates would be rising this month, signs of economic weakness led the Federal Reserve to hold back.

August Jobs Report Nothing To Write Home About

Economy Heartbeat

The August Jobs Report was positive, but weak, calling into question the Federal Reserve’s apparent plan to raise interest rates this month.

Second Quarter G.D.P. Revision Shows Strong Growth, But Future Weakness Seems Likely

Economy Heartbeat

Today’s revision of Second Quarter G.D.P. growth was good news, but it doesn’t seem likely to last.

Stock Market Drop Leads Trump And Walker To Say Dumb Things About China

Chinese and U.S. flags fly along Pennsylvania Avenue outside the White House in Washington

Yesterday’s stock market drop led some Republican candidates to say some particularly dumb things.

Sesame Street Moves To HBO

Sesame Street

So does this mean Big Bird will show up on Game Of Thrones?

Scott Walker’s Crony Capitalism

Scott Walker Speaking

“Fiscal conservative” Scott Walker is handing Wisconsin taxpayers a $400 million bill for a new arena for the Milwaukee Bucks.

Columbia House Files Bankruptcy, Many Surprised To Learn It Still Existed

Columbia House Ad

A company you probably thought had died off years ago filed for bankruptcy protection yesterday.

Jobs Report Points To An Anemic Economy, So Why Is The Fed Thinking Of Raising Rates?

Economy Heartbeat

The July Jobs Report indicates that while the economy is growing, it is not growing very much. This seems to call the Federal Reserve’s interest rate plans into question.

Backlash Against Boss Who Raised Minimum Salary


Gravity announced a minimum annual salary of $70,000. Almost everyone is unhappy.

Economy Rebounds In Second Quarter, But Weakness Remains

Economy Heartbeat

The economy rebounded from it’s winter shock, but it still doesn’t seem strong enough to justify the Federal Reserve’s plan to raise interest rates.

Chinese Courts Allow Blatant Ripoff of Air Jordan Brand


China adds to its status as the honey badger of intellectual property law.

Red States Eat Blue States’ Lunch, Grow Up to Be Blue States


Low costs and regulatory barriers are attracting people to red states–thus turning them purple and blue.

Gold Prices


But all those nice men on the tee-vee and radio told me that gold was where I should be putting my money.  Oh dear. (That and all the Austrian economists and their predictions of hyper-inflated doom). Well:

EEOC Finds That A 50 Year Old Law Bans Something It Doesn’t Even Mention


Relying on a particularly strained and incredulous legal analysis, the EEOC has ruled that laws against discrimination based on gender also bar discrimination based on sexual orientation.

Why Does Europe Want To Keep Greece?

Greek European Union Flags

It’s easy to see what Greece thinks it still needs Europe, it’s more of puzzle why Europe thinks it needs to hang on to Greece.

Greece Reaches Deal With Europe That’s Quite Similar To The One Voters Rejected

Greek European Union Flags

Greece reached a new deal with European bankers that seems oddly similar to the one that voters rejected just a week ago.

Federal Judge Upholds Revocation Of Redskins Trademarks

Washington Redskins Helmet

A Federal Judge has uphold a Patent Office ruling revoking the Redskins Trademarks on the ground that they are “disparaging” toward Native Americans.

Meanwhile, China’s Stock Market Has Been Crashing For The Past Month

China Flag and Skyline

In the past month, the Chinese stock market has lost more than 1/3 of its value.

Women’s World Cup Pay Disparity Is Due To The Marketplace, Not Discrimination

U.S. Womens National Team World Cup

The winners of the Women’s World Cup will get paid far less than the men that played last year, but that’s not because of sexism.

Greek Voters Reject Bailout Deal, Greece Still Largely Screwed

Greek European Union Flags

Greek voters rejected the latest bailout package, but that only seems likely to make things even worse for them.

For June, A Jobs Report That Basically Reads As ‘Meh’


The June Jobs Report was okay, but it certainly doesn’t inspire much confidence.

Greek Prime Minister Appears To Concede, But Europe Holds To A Hard Line

Greek European Union Flags

Greece’s Prime Minister seemed to give in to some of Europe’s demands today, but bankers are continuing to hold to the strict conditions they set last week.

Supreme Court To Hear Case Involving Employees Rights And Public Employee Unions

Gavel And Scales Of Justice

The Supreme Court has agreed to hear a major case about public employee unions that could go a long way toward restraining their power.

NBC To Donald Trump: You’re Fired

Trump Apprentice

Following up on the disputes with Univision that arose in the wake of Donald Trump’s derogatory comments toward Mexican immigrants, NBC Universal has cut its ties with Donald Trump: Amid mounting public pressure, NBCUniversal announced Monday that it will cut business ties with Donald Trump due to “recent derogatory statements” the Republican presidential hopeful made […]

Greek Banks To Remain Closed Monday As Debt Negotiations Head To The Wire

Greek European Union Flags

The Greek Government is basically shutting the banking system down tomorrow as negotiations over its debt problems continue.

Univision Breaks Ties With Donald Trump Over His Comments About ‘Mexican Rapists’

Donald Trump Hair

Donald Trump’s comments about Mexicans during his announcement speech last week are having financial repercussions: Univision is canceling its telecast of the Miss USA pageant, an event partially owned by Donald Trump, to protest Trump’s offensive remarks about Mexicans. Furthermore, Univision says it is severing all other business ties to Trump. Univision is the biggest […]

Economy Not As Bad In First Quarter As Initially Feared

Economy Heartbeat

The final revision to Gross Domestic Product for the first three months of the year showed that the economy did indeed shrink, but at a slower rate than reported in earlier reports: While nothing to brag about, the economy’s performance in early 2015 was not quite as bad as the number-crunchers in Washington had thought. […]

Walmart, Kmart, and Sears Remove Confederate Flag From Stores; Amazon, eBay Undecided


The Confederate battle flag is suddenly toxic.

Apple Reverses Course On Music Royalties


Well, that didn’t take long.

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