Walkout set for Friday morning; presumptive GOP nominee no longer associated with facility now owned by billionaire Carl Icahn
EU banks for the most part never recovered from the financial crisis and are mostly a mess. The post Does Your Bank Bite? EU Approved $167 Billion Liquidity Guarantees for Italy Banks was originally published at The Wall Street Examiner. Follow the money!
Sears Holdings Corp. (Nasdaq: SHLD) has a long and rich history, and its founders revolutionized the retail catalog. The post Is Sears Doomed for Bankruptcy in the Second Half of 2016? (SHLD) was originally published at The Wall Street Examiner. Follow the money!
Paul Krugman has an excellent blogpost ridiculing the doomsayers on Brexit. I agree with just about everything he says. His basic point is that, while the UK will pay a substantial economic price if it leaves the European Union (especially...Show More Summary
(July 1, 2016 12:23 AM, by David Henderson) I'm at my cottage in Canada, where I've come every summer since I was 7 months old except for 5 interspersed years in the 1970s, 1980s, and early 1990s, when other things were going on in my life. It's Canada... (0 COMMENTS)
The owner of Oreo, Cadbury, Toblerone, and Sour Patch Kids tried this month to take over the Hershey Co.—and it’s now officially been rejected, the Chicago Tribune reports. Had it succeeded, Mondelez International Inc.’s $23 billion bid to buy the iconic sweets manufacturer would have made it the world’s largest candymaker. Show More Summary
A Model S driving on "Autopilot" collided with a tractor-trailer after apparently failing to detect it
From Paul Krugman: The Macroeconomics of Brexit: Motivated Reasoning?. From the intro: I believe that Brexit is a tragic development, which will do substantial long-run economic harm. But what we’re hearing overwhelmingly from economists is the claim that it will also have severe short-run adverse impacts. Show More Summary
What I Saw and Did Not See About the Macroeconomic Situation Eight Years Ago: Hoisted from the Archives Hoisted from the Archives from June 2008J. Bradford DeLong (June 2008): [The Macroeconomic Situation](http://j-bradford-delong.net/2008_html/20080610_delong_situation.html), with added commentary: Looking back, what did I get right or wrong back eight years ago when I...
One big question hanging over the candidacy of Hillary Clinton is how she'll use her presidency if she wins the White House in November (current probability: high) but finds her agenda stymied by Republicans in Congress (current probability: also high). Show More Summary
Kansas has had trouble paying for much of anything since 2012, when conservative legislators decided to implement a bevy of right-wing economic policies—and lead their state into a fiscal crisis. In order to keep funding its government despite dramatically decreased tax revenue, the legislature has flipped all their piggy banks. Show More Summary
It ruled that lawyers for the 12 million merchants covered in the class action inadequately represented them
Workers in certain occupations kill themselves in greater numbers, although it's hard to pin down why
The president calls it "an important first step" to help the U.S. territory and its 3.5 million citizens
Average fixed rate for 30-year mortgage falls below 3.5%; Goldman Sachs is worst performing stock in the Dow. These headlines and more from CBS MoneyWatch.
Merger would form world's biggest candy maker, but bidder must win over charitable trust that controls iconic U.S. company
Lions Gate is the company behind "The Hunger Games" movies and the "Orange Is The New Black" TV series
Imagine you are at an international policy conference. Someone says "Central Banks need to coordinate their monetary policies better". You nod your head wisely in agreement, along with everyone else. Because you know that what one central bank does affects...
About as safe as you would imagine very large leveraged organizations with profits that depend on a combination of outguessing the market and sucking up nickels on a massive scale:
Over at [Equitable Growth](http://EquitableGrowth.org): Must-Reads: Nick Bunker: [The continued rigidity of wages in the United States - Equitable Growth](http://equitablegrowth.org/equitablog/the-continued-rigidity-of-wages-in-the-united-states/)...Show More Summary