Watch what you eat: Fraudsters are increasingly passing off cheaper foods for pricier fare
Whether or not regulators approve the Bayer-Monsanto merger, these companies will continue their rampage against nature.
30 brands now under Marriott's roof -- with 1.1 million hotel rooms, or 1 of every 15 worldwide; here's how loyalty programs will be treated
Joining a customs union is supposed to reduce trade with third countries. But after 2004, the largest EU accession countries actually increased their trade with Australia, especially their exports. This column argues that new regional value chains made accession country industries more competitive, especially in the auto industry. Show More Summary
The property’s elegance is said to have prompted owners of nearby Hudson Valley estates to build even bigger mansions, giving birth to the idiom “Keeping up with the Joneses”
During political campaigns, candidates often set their sights on CEO compensation as a target for potential regulation. This column considers the various arguments for regulating CEO pay and questions whether it is a legitimate target for political intervention. Show More Summary
Typical farming behaviors violated forager values. Farmers added marriage, property, war, inequality, and much less art, leisure and travel. 100K years ago if someone had suggested that foragers would be replaced by farmers, critics could easily have doubted that foragers would … Continue reading ?
Decision comes two days after John Stumpf faced bipartisan outrage from a Senate panel over scandal involving bogus accounts
Feds say mass mailings targeted elderly consumers with news of cash prizes -- if they'd pay a small processing fee first
From housing economist Tom Lawler:In a report released this morning, the National Association of Realtors estimated that US existing home sales ran a seasonally adjusted annual rate of 5.33 million, down 0.9% from July’s downwardly revised (to 5.38 million from 5.39 million) pace and up 0.8% from last August’s seasonally adjusted pace. Show More Summary
Caroline Freund at PIIE: Estate Tax a Key Tool for Fighting US Inequality: This year marks the 100th anniversary of the US estate tax, which affects only the ultra-wealthy. Given the rising focus on American income inequality, the tax should...
(September 22, 2016 05:20 PM, by Alberto Mingardi) Richard Epstein has an article taking sides with the EU Commission on Apple. Certainly the Commission couldn't have a more eloquent advocate, and Epstein argues forcefully that the Commission "makes a classical liberal argument in favor of free trade across... (0 COMMENTS)
It is not surprising that there is little love for Donald Trump’s presidential candidacy among the leaders of top US multinational corporations. Why then, asks Andrew Ross Sorkin of the New York Times, do they not speak out? Why do they...Show More Summary
Lawmakers urge regulators to examine whether bank failed to pay overtime to workers pressured to meet sales quotas
Earlier from the FHFA: FHFA House Price Index Up 0.5 Percent in July 2016U.S. house prices rose in July, up 0.5 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). Show More Summary
Think a Fed rate hike will affect your mortgage rate? Not so fast. A Federal Reserve rate hike likely won't impact mortgage rates directly, according to the publisher of the Wall Street Examiner, Lee Adler. The post How a Fed Rate Hike Will Affect Your Mortgage Rate was originally published at The Wall Street Examiner. Follow the money!
“Asset values aren’t out of line with historical norms.” -Janet Yellen, 9/21/16 “A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished... The post How Janet Yellen Rationalizes The Most Pervasive Financial Bubble In History was originally published at The Wall Street Examiner. Follow the money!
The US Government publishes lots and lots of economic data, much of it conflicting, and much that’s highly suspicious. We know that the Household Income data released this week was suspicious, but I could not quite figure out what the problem was. Show More Summary
Without the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption.In an economy based on borrowing, i.e. credit a.k.a. debt, loan defaults...Show More Summary
By Elizabeth A. Stanton Cross-posted from the author’s blog, lizstantonconsulting.com and at our sister blog Triple Crisis. In one week, the D.C. Circuit of the U.S. Court of Appeals will begin hearing oral arguments regarding the...Show More Summary