Wall Street bets shares of one wearable-tech company's stock are poised for a happy holiday season (and beyond)
Colm McCarthy writing at The Irish Economy blog: The Euro Debate and the Abuse of Language: Defenders of the Eurozone’s initial design, subsequent management and purported reform invariably refer to the system as a ‘monetary union’. So do academic commentators...
Did you overdo it when you hit the stores? Here's a look at a few things you can do to ease the pain
Volatility in the Chicago PMI likely has economists scratching their heads. Following last month's surge comes this month's contraction. It's been off and on for 10 months. No swing in either direction has lasted more than two months. Show More Summary
When it comes to the spiritual and narrative dimensions of how we make our way through the world, I generally subscribe to Paul Auster's view that "lives make no sense." But, speaking strictly in economic terms, they're actually kind of boring and predictable. Show More Summary
Not on a relevant time scale, if at all.
(November 30, 2015 02:08 PM, by Alberto Mingardi) Can we have "socialism, with an iPad"? This is the picture the Labour Shadow Chancellor recently used, with the aim of providing a somewhat modernized, albeit only symbolically, face for Jeremy Corbyn's economic proposals. Labour-leaning columnist Zoe Williams argues that... (0 COMMENTS)
IMF invites the world's second-largest economy into exclusive club of global reserve currencies
Today's Water Cooler: TPP and COP21, white working class, retail, Clinton corruption, McKibben, the ancien regime's money, LSD in the Valley
Ohio store says policy does not allow Marine vet to collect donations for Toys for Tots inside its store
I particularly like this response to the question: Why do people question climate change? (although I'm not sure I would group libertarians and 'other political conservatives' quite so closely here): Most of the attacks on climate science are coming from libertarians and other political conservatives who do not like the...
Jared Bernstein: Is balanced growth really the answer?: A recent must-read article by journalist Alec MacGillis documents a phenomenon that he suggests must “give Democrats the willies:” the increasing political opposition to safety net programs, even among those who’ve been...
As the dollar challenges the highs, the 10 year yield has sunk back into the middle of its long term trading range. Here are the charts and suggested targets. Treasury Pro Trader subscribers (or Professional Edition), click here to download complete report in pdf format. Show More Summary
Savings experts weigh in on the best and worst deals at the home improvement giant
Here is a minor indicator I follow from the National Restaurant Association: Restaurant Performance Index Rose in OctoberDriven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in October. Show More Summary
Shoppers are primed to spend $3 billion today on online deals, but hackers are also ready for action
Lea Kosnik: This paper investigates whether academic research attention to certain policy-related measures (including gross domestic product, unemployment, and inflation) is correlated with empirical measurements of the measures themselves. In other words, when unemployment rises, does research attention to the matter increase? Or do economists pursue research (in the short...
The Treasury settles $36 billion in new note supply on Monday, wrapping up 2 days where it settled a total of $100 billion in net new paper. That was the climax to a month where it raised and settled $310 billion in new supply. And yet, the markets did not crack. Show More Summary
Pending US home sales rose slower than expected in October, up 0.2% MoM. They also increased by 2.1% YoY, also less than expected. The culprits? Falling oil prices and withering monetary stimulus from The Federal Reserve. Boomtown to...Show More Summary