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Matt Stoller: The Broader Net Neutrality Narrative

How the net neutrality fight created a new coalition of industrial interests and a new, sophisticated political consciousness.

Fed’s Williams Sees Full U.S. Employment by Year End

The U.S. economy will be operating at "full employment" by the end of this year as the unemployment rate drops to 5%, said John Williams, president of the Federal Reserve Bank of San Francisco, on Sunday.

Are investment pros required to act in your best interest?

The fiduciary standard has received a lot of attention recently. The Supreme Court, President Obama and the Department of Labor have all recently discussed it and how it impacts ordinary investors. Jill Schlesinger reports.

A silly question for anti-austerians

Let's make up some silly numbers. Suppose the national debt was, let's say, 1,000% (ten times) annual GDP. And suppose the budget deficit was, let's say, 50% of GDP. And suppose your economy hit the Zero Lower Bound, and suppose...

Construction Spending decreased 1.1% in January

The Census Bureau reported that overall construction spending decreased in January:The U.S. Census Bureau of the Department of Commerce announced today that construction spending during January 2015 was estimated at a seasonally adjusted annual rate of $971.4 billion, 1.1 percent below the revised December estimate of $982.0 billion. Show More Summary

Jersey City 2014 Budget in 4 Easy Graphs

Recently joined OpenJC, a Code for America brigade, and for my first project I worked with Anna Lukasiak to create a set of graphs the 2014 Jersey City Municipal budget for a Budget Forum run by CivicJC. We began with a scanned pdf which Anna converted into a set of Excel spreadsheets and loaded the data into interactive treemaps. Show More Summary

After Amex split, Costco inks new credit card deal

Starting next year, customers of the retail giant won't be restricted to American Express cards

World market momentum over Chinese rate cut fades

Wall Street looked set for a muted open, with both the Dow and S&P futures flat

ISM Manufacturing index declined to 53.5 in February

The ISM manufacturing index suggests slower expansion in February than in January. The PMI was at 52.9% in February, down from 53.5% in January. The employment index was at 51.4%, down from 54.1% in January, and the new orders indexShow More Summary

U.S. Inflation Undershoots Fed’s 2% Target For 33rd Straight Month

A key gauge of U.S. consumer prices sank in January due partly to cheaper oil. But a gauge of underlying price pressures remained resilient headed into 2015.

Greek Kolotumbas Increasing at Disconcerting Rate

I'm at risk of getting whiplash from watching the speed at which Greece is changing its position on key issues. And while I'd be delighted to be proven wrong, there are reasons to think this pattern does not bode well for the government's ongoing negotiations.

Buffett: Economy continues growing at moderate rate

Reiterates his standard investing advice that most people would do best by regularly buying a stock market index fund over time

Fallout for Lumber Liquidators after "60 Minutes" investigation

Lumber Liquidators is trying to rebound on Wall Street after its stock plunge. Shares of the hardwood flooring retailer fell more than 20 percent when the company's CEO admitted it was the subject of a "60 Minutes" investigation. Anderson Cooper's report showed alarming levels of toxic formaldehyde found in the Chinese-made laminate flooring. Show More Summary

Personal Income increased 0.3% in January, Spending decreased 0.2%

The BEA released the Personal Income and Outlays report for January: Personal income increased $50.8 billion, or 0.3 percent... in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased...Show More Summary

A home surveillance camera that detects faces

This affordable security device can recognize the people in your house, or notify you if a stranger enters

Global Central Banks Calendar for the Week of March 2-6, 2015

A calendar of events, speeches and policy statements from central banks around the world this week.

MoneyWatch: Gas prices keep climbing; Lumber Liquidators under scrutiny

The national average for one gallon of gas rose 13 cents to $2.43 last week, according to AAA. Also, a 60 Minutes investigation found that some Lumber Liquidators flooring may fail to meet health and safety standards. Jill Wagner reports on the day's top MoneyWatch headlines.

Average Household Income by US Counties

A simple map of Average Household Income by county Made with Python, GEO Pandas -> formatted in Illustrator with MAPublisher plugin. Data from US Census Bureau, 2006–2010 American Community Survey. Take a look at more data visualizations from my book, An Illustrated Guide to Income in the United States.          

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