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?Shell's earnings slide 58 percent

Brent crude, the benchmark for international oil, dropped to a 12-year low of $27.10 a barrel in January

?Global stocks lower on growth concern

Wall Street looked set to decline, with futures for the Dow down 0.5 percent; S&P 500 futures fell 0.6 percent

Patents and Copyrights are Trade Barriers

Eduardo Porter used his weekly column to chronicle Brazil's economic course over the last two decades. He argues that many of its current problems are due to excessive government involvement in the economy in imposing price controlsShow More Summary

“Free Trade” in Trouble in the United States

"Free trade" policies, in a world of substantially liberalized trade, no longer elicit knee-jerk support. About time.

Bill Black: Free Markets Mean Zero Economic Profit – or a 99% Profit Markup

How "free market" ideology produces companies like Valeant, which Warren Buffett's partner Charlie Munger called a "sewer," "corrupt," and "criminal."

These states top the list of financial disasters

With a new fiscal year looming, several are embroiled in battles over how to plug massive budget shortfalls

?Congrats, class of 2016: You're the most indebted yet

Seniors who borrowed will graduate owing an average of just above $37,000, breaking last year's record

Retirement overconfidence: The bad and the good

Plenty of workers and retirees have a lot more faith in their future than their finances would warrant

4 reasons Wall Street is souring on Apple

Apple is still minting money, but not enough to satisfy investors -- here's why they're down on the tech titan

The ever-escalating bill for being a bridesmaid

The dress, shoes, accessories, gift, shower and bachelorette party (likely involving travel) will cost you plenty

Procrastinating on May 4, 2016

Over at [Equitable Growth]( Must-Reads: Nick Bunker: [Income mobility over a lifetime might be on the decline - Equitable Growth]( More Summary

Some of the Richest, Smartest and Most Powerful Humans Don't Have Access to the BLS Website

That's what a Reuters article in the NYT inadvertently told readers. The piece begins by telling readers: "Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week...Show More Summary

Charles Krauthammer (@krauthammer) | Twitter

Live from the Republicans' Self-Made Gehenna: The tweet-stylings of Charles Krauthammer: Charles Krauthammer: [@krauthammer) on Twitter]( >Apr 29: In Colorado Springs for @weeklystandard conference. Back Monday in DC. Show More Summary

We Are No Longer in Political Economy Land Here; We Are in Moral Economy Land Now...

I must say, this is absolutely fascinating: "It wasn’t a primary. It was hell among the yearlings and the Charge of the Light Brigade and Saturday night in the back room of Casey’s Saloon rolled into one, and when the smoke cleared away not a picture still hung on the walls... Show More Summary

Wednesday: Trade Deficit, ADP Employment, ISM non-Manufacturing

Wednesday:• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 8:15 AM, the ADP Employment Report for April. This report is for private payrolls only (no government). Show More Summary

Takata air bag recall could more than double

Regulators are in talks to add tens of millions of inflators to what's already the biggest auto recall in U.S. history

I am Bitcoin

CRAIG WRIGHT claims to have founded the cryptocurrency. Our technology and business affairs editors debate whether his 'proofs' add up. Plus China's looming debt crisis - and the economics of Game of Thrones

U.S. Light Vehicle Sales increase to 17.4 million annual rate in April

Based on an estimate from AutoData, light vehicle sales were at a 17.42 million SAAR in April.That is up about 4% from April 2015, and up about 6% from the 16.46 million annual sales rate last month. Click on graph for larger image.Show More Summary

"Misleading Talk about Decoupling CO2 Emissions and Economic Growth"

Rob Stavins is annoyed but I'm not sure at who. Is it the steady state ecological economists ("We should encourage our public bodies, to adopt an economic policy that rejects the endless pursuit of aggregate growth") or the folks who that that a technological solution exists such that GDP increases...

Airline profits soar -- as do complaints, and other MoneyWatch headlines

U.S. airlines see both record profits and customer gripes; higher wages eat into profits at Domino's Pizza; college debt loads reach new heights

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