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The Economist and Star Trek Beyond

(July 28, 2016 07:10 AM, by Alberto Mingardi) I've recently watched "Star Trek Beyond" and liked it a lot. Visually, I think it's one of the most astonishing science fiction movie ever. The USS Enterprise "parking" inside a space station is perhaps the single most impressive scene I've... (0 COMMENTS)

Nintendo sinks into loss despite "Pokemon Go" success

In one disappointment for "Pokemon Go" fans, Nintendo and Pokemon said that the release of "Pokemon Go Plus" is being delayed

July FOMC Preview

Tim Duy: July FOMC Preview on Bloomberg: How long can doves at the Federal Reserve stand their ground? The fight within the U.S. central bank continues at this week's Federal Open Market Committee (FOMC) meeting as both hawks and doves...

A Florida Judge Ruled That Bitcoin Isn’t Money

This post originally appeared on Business Insider. Bitcoin isn’t money, a Florida judge has declared. Circuit Court Judge Teresa Pooler has dismissed a money laundering case brought against a website developer, ruling that “nothing in...Show More Summary

EU Gives UK a Brexit Poke in the Eye by Appointing Michel Barnier, Nemesis of the City, as Key Negotiator

European Commission President Jean-Claude Juncker achieved a significant win by appointing Michel Barnier as a lead Brexit negotiator.

The Fed teases a September hike, but will it chicken out?

Stocks didn't crater, but bonds and gold jumped, signaling an unease that has previously led the Fed to back off

?Long-term care for seniors is on life support

As premiums soar -- by as much as 100 percent -- many are forced to give up their policies or get reduced benefits

Oil Industry About To Be Burned Again By Fall In Oil Prices

Easy access to capital has driven oil prices lower and is likely to do again as E&P’s directly invest in more rigs ahead of demand.

Finite Horizon models of inflation as the horizon goes to infinity

You have an infinite horizon model of inflation. Your model tells you what happens to the time-path of the price level P(t) if the central bank changes monetary policy. Please do something: Convert your infinite horizon model into a finite...

A financial transaction tax would help ensure Wall Street works for Main Street

A well-designed financial transaction tax—a small levy placed on the sale of stocks, bonds, derivatives, and other investments—would be an efficient and progressive way to generate tax revenues.

5 big mistakes job seekers make

Looking for a new gig? Don't let a failure to follow some basic rules sabotage your job hunt

?What leads to divorce? It's often about work

And not in the way many might think -- that women who work outside the home jeopardize their marriage

?Heading abroad? A new reason to pack a credit card

Many popular credit cards are dropping their pesky -- and pricey -- "foreign transaction" fees

Robin's Turing Test

(July 28, 2016 12:04 AM, by Bryan Caplan) Robin recently tried an Ideological Turing Test for a subset of my critique of his Age of Em. He understands me better than before, but there's still room for improvement. "Correct" means Robin has described my view to a tee.... (0 COMMENTS)

Trump to the GOP: Thanks for the nomination, see ya later

Hot off the press: Donald Trump reversed himself on a major policy plank Wednesday as he told reporters he now backs a $10-an-hour federal minimum wage, breaking with years of Republican orthodoxy and his party’s own platform. “The minimum wage has to go up,” he said at a tumultuous news conference, saying it should go […]

After the jackpot, how do lottery winners spend their money?

A look at the ways -- some of them illegal -- lottery winners have used their winnings

Thursday: Unemployment Claims

Based on the FOMC statement, the likelihood of a rate hike in September (or November or December) has increased. Most analysts talk about possible rate hikes in September or December (ignoring November) because of the scheduled press conferences. Show More Summary

?For Whole Foods, another disappointing quarter

The grocer reported the fourth straight period of declining sales at stores open a year or more as competition stiffens

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