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America's most valuable home? White House by a landslide

Donald Trump's family will soon reside in a 132-room, 55,000-square-foot property worth nearly $400 million on the open market

Kerry: Trump can’t immediately undo Obama accomplishments

Shredding nuclear deal with Iran would do "great injury" to the U.S., Secretary of State says

The Economics of the Affordable Care Act

Dean Baker at INET: The Economics of the Affordable Care Act: The Affordable Care Act (ACA), which President-elect Donald Trump and the Republican-controlled Congress have vowed to repeal, was crafted to overcome two basic problems in the provision of health...

Repealing Obamacare Could Leave 32 Million Uninsured, Says Congressional Budget Office

Republicans still don't have an official plan to replace Obamacare. You know that already. What you may not realize, though, is that they don't have a plan to fully repeal Obamacare, either. Because the GOP only controls 52 seats inShow More Summary

2:00PM Water Cooler 1/17/2017

By Lambert Strether of Corrente Politics Martin Luther King Day Watch @ninaturner's speech in front of the MLK Memorial today. We must lift as we climb. — Our Revolution (@OurRevolution) January 14,...Show More Summary

No Agricultural Economist Was Harmed–Let Alone Interviewed–During the Making of this Article

Marc Bellemare: No Agricultural Economist Was Harmed–Let Alone Interviewed–During the Making of this Article: This past weekend, the New York Times ran an article about the kinds of food SNAP recipients purchase, based on a new USDA report. Here is...

The “leave” campaign was built on lies

The leave campaign to force Brexit was built on a set of lies, such as the claim that leaving the EU would free up 350 million pounds a week for the NHS.  This was an imaginary number pulled out of thin air, as virtually everyone now agrees.  There will be little or no benefit to […]

Tom Price Is the Walking Definition of an Appearance of Corruption

Here are some things we have learned recently about Georgia Rep. Tom Price, Donald Trump's pick to be secretary of health and human services. First, the congressman has a habit of trading stocks in medical companies while also writing legislation that could sway those firms’ fortunes. Show More Summary

Who are the world's 8 richest men?

These 8 billionaires control as much wealth as the poorest half of humanity, or 3.6 billion people.

U.S. economic growth seen speeding up, and other MoneyWatch headlines

IMF ups growth forecast for U.S. economy; China's Xi Jinping touts globalization; and U.K. Prime Minister vows to control immigration. These headlines and more from CBS MoneyWatch.

Apple: Original content planned to compete with Spotify

Apple is looking to expand its foray into original video content with a new push for scripted content

LA area Port Traffic increases Year-over-year in December

From the Port of Long Beach: Port Trade Dips to 6.8 Million TEUs in 2016Slowed by industry headwinds and challenges that included a major customer declaring bankruptcy, the Port of Long Beach still moved almost 6.8 million containers...Show More Summary

New Data Show Growing Role Of Occupational Licensing in U.S. Labor Market

Not long ago, America seemed to be facing a crisis of part-time work. CNN Money wrote of a "huge part-time work problem" and a "new normal - a permanently high number of part-timers." Others pointed the finger at Obamacare, which they...Show More Summary

Markets Shudder Under Threat of Hard Brexit

As the United Kingdom's Prime Minister prepares for massive speech on the future of the UK and EU economic relationship, concerns over the impact of a hard Brexit slam the market. Here's what to watch for... The post Markets Shudder Under Threat of Hard Brexit was originally published at The Wall Street Examiner. Follow the money!

China May Soon Shock the Market

Is China preparing to devalue its currency again? The fate of the market may hang on the answer… The post China May Soon Shock the Market was originally published at The Wall Street Examiner. Follow the money!

Chinese leader Xi defends globalization in Davos

Rebutting Donald Trump's protectionist leanings and anti-Beijing talk, China's president warns against dangers of a trade war

Republican Men Say It’s a Better Time to Be a Woman Than a Man

A survey shows 82 percent of women feel sexism is a problem today, while men underestimate the sexism felt by the women in their lives.

NY Fed: Manufacturing Activity Continues to Expand in New York Region

From the NY Fed: Empire State Manufacturing Survey Manufacturing firms in New York State reported that business activity grew in January. The general business conditions index was little changed at 6.5, its third consecutive positive reading. Show More Summary

Finance and Growth: The Direction of Causality

Too much finance is highly correlated with slower growth. But which comes first?

Trump adviser rejects talk of isolationism

Wall Street veteran Anthony Scaramucci says the incoming U.S. presidential administration will push for "free, fair trade"

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