Federal Reserve Not Worried About Economy Overheating

The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.

Barack And Michelle Obama Ink Production Deal With Netflix

The former President and First Lady have struck a first-of-its-kind agreement to produce a wide variety of content for Netflix.

Las Vegas Golden Knights Defy History To Make The Stanley Cup Finals

In their first year as an NHL expansion team, the Las Vegas Golden Knights have managed to do something that’s only been done once before in any of the ‘big four’ professional sports leagues in the United States.

Trump To Postmaster General: Raise Rates On Amazon

President Trump continues his unhinged, and unsupported by facts, war on Amazon and its owner Jeff Bezos by pressuring an independent agency to raise shipping rates.

Donald Trump Wants To Help Make A Controversial Chinese Company Great Again

For some reason, the President wants to help a Chinese company that has been accused of being a security risk by American intelligence services.

USPS Loses Billions Per Year, But Not Because Of Amazon

The Postal Service is losing billions of dollars, but not for the reasons the President claims.

Jobs Growth Falls Below Expectations In April While Wages Remain Stagnant

The unemployment rate hit a point unseen since Bill Clinton was President in April, but jobs and wage growth remain tepid at best.

Achieving Workplace Diversity

It takes a whole lot of work to net small gains for underrepresented groups.

Economic Growth Beats Expectations, But It’s Hardly Impressive

The first estimate of economic growth in the first three months of 2018 beat expectations slightly, but it doesn’t bode well for the immediate future.

America’s Going Out of the Car Business

Ford, GM, and Chrysler are all moving almost exclusively to trucks, SUVs, and crossovers.

The Declining Market for Freelance Writing

Ring Lardner said he would “rather write for the New Yorker at five cents a word than for Cosmopolitan at one dollar a word.” A century later, he’d be lucky to get those rates.

Supreme Court Hears Oral Argument On Internet Sales Tax Collection

The Supreme Court heard argument yesterday on the issue of whether online sellers can be required to collect sales taxes, and the status of the issue remains as confused as ever.

The End Of The Credit Card Signature

The next time you sign a credit card receipt could be the last.

Tax Reform, Once The GOP’s Midterm Hope For Survival, Is Becoming Less Popular

Republicans have been hoping that the tax bill passed in December would help them in the midterms. That’s appearing to be less and less likely by the day.

House Committee Tougher On Mark Zuckerberg, But Regulation Seems Unlikely

Mark Zuckerberg’s second day before Congress was somewhat more contentious than the first, but at the end of the day it’s still unclear that more regulation is the answer to the issues raised by recent Facebook “scandals.”

Feds Make 32 Percent Less than Private Sector Counterparts (Or 17 Percent More)

Dueling data on civil service compensation belie the adage that you can’t choose your own facts.

Mark Zuckerberg Tries To Explain The Internet To Elderly Senators

Not surprisingly, a joint Senate Committee failed to really lay a glove on Facebook CEO Mark Zuckerberg at yesterday’s hearing.

Welcome To The Era Of Trump’s Trillion Dollar Budget Deficits

We’re set to return to the era of trillion dollar budget deficits, and Republicans won’t do a thing about it.

Republicans Worried About Political Impact Of Trump’s Tariffs And Anti-Trade Rhetoric

Trump’s tariff plan isn’t going over well in farm country, and that could cause problems for the GOP in November.

New Fed Chair Overshadowed by Trade War Rhetoric

Speaking of trade war talk…

The DJIA and a Potential Trade War

The DJIA (and other markets) are not too happy about all of this trade war talk.

Trump Escalates His Trade War Rhetoric With Predictable Results

President Trump is continuing his dangerous and misguided trade war rhetoric,

March Jobs Report Falls Short Of Expectations

March’s Jobs Report fell far short of expectations.

News Anchors At Sinclair Owned Stations Caught Reading From Same Corporate Mandated Script

News anchors at dozens of local stations owned by conservative-leaning Sinclair Broadcast Group were recently required to read a script mandated by corporate headquarters, and it’s leading to some bad media coverage for Sinclair.

Trump Bizarrely Tying Trade Deal With South Korea To Progress On North Korea

After initially praising the completion of a trade deal with South Korea, President Trump is now suggesting he may withhold final approval contingent on progress on talks with North Korea. This makes no sense whatsoever.

Anfernee Simons Bucks One-and-Done, Heads for NBA

A top basketball prospect is skipping the farcical year in college before turning pro.

Breitbart News Sees Big Drop In Readership

Breitbart News appears to be fading in terms of readership, but the alt-right politics it represents is not going away.

BBC Pays John McEnroe 10 Times What it Pays Martina Navratilova

It may be time for transparency on pay structures so employees know what others in comparable positions are making.

Jared Kushner’s Company Routinely Filed False Documents

The family real estate business made tens of millions through shady dealings.

Larry Kudlow Trump’s Next Economic Advisor

Best known as a television host, he served in the Reagan administration and chief economist of Bear Stearns.

Claire Foy Earned Less Than Her On-Screen Husband for ‘The Crown’

While examples of Hollywood sexism are seemingly endless, this is not one of them.

Doctors Paid By Big Pharma for Prescribing Opioids

The industry is using speaker fees to reward physicians who prescribe the most.

A Booming Jobs Market For February

A better than expected jobs report for February, but wage growth slowed for the month.

Where Have All the Saudi Billionaires Gone?

In 2017, there were ten Saudis on Forbes’ billionaires list. This year, there are none.

Gary Cohn Resigns as Trump Economic Advisor

The chairman of the White House Council of Economic Advisors is out after failing to convince the boss not to impose tariffs.

West Virginia Teachers’ Strike Nets 5% Raise

We may about to see a wave of teacher strikes.

Is All Money Good Money?

How ‘tainted’ must a funder be before a charity is obliged to reject the donation?

EU Threatens Retaliatory Tariffs on Bourbon, Levis, and Harleys

Shots fired: European Commission president Jean-Claude Juncker threatens to fight back if President Trump imposes tariffs on steel and aluminum.

Age Restrictions On Gun Sales And The Law

Is it legal for retail businesses to restrict gun sales based on age? The short answer appears to be yes.

Trump Announces New Tariffs On Steel And Aluminum

President Trump has announced that he’ll be imposing significant tariffs on steel and aluminum imports. This is an unwise decision.

Walmart Joins Dick’s To Raise Minimum Age To Buy Any Gun To 21

Following yesterday’s move by Dick’s Sporting Goods, Walmart has raised the age for all gun sales to 21.

Dick’s Sporting Goods Announces Limits On Gun Sales, Stops Selling “Assault Weapons”

Dick’s Sporting Goods will no longer sell “assault weapons” at any of its stores, and will limit the sale of any gun to people aged 21 and above.

Federal Appeals Court Rules That Employers Can’t Discriminate Based On Sexual Orientation

The Second Circuit Court of Appeals rules that existing civil rights laws bar discrimination based on sexual orientation.

What is the Middle Class and is It Shrinking?

Salary-based definitions distort the conversation. And lifestyle-based definitions are a moving target.

VA Care for All?

Dave Schuler argues the US would have a much better healthcare system if we had modeled it on VA clinics rather than private insurance.

Why Aren’t Nonprofits More Regulated?

A series of scandals at Oxfam and other charitable organizations raise troubling questions.

The GOP Is Now The Party Of Deficits And Debt, But Then It Always Has Been

Republicans spent the eight years of Obama Administration railing against fiscal irresponsibility. Now that they have power, they’re the ones being fiscally irresponsible.

SpaceX Launches Falcon Heavy, Another Advance In The Space Race

Yesterday’s Falcon Heavy Launch was a near-complete success and another amazing advance in the race to the stars.

Live By The Markets, Die By The Markets

Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.

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