Bernie Sanders's presidential bid is already creating more of a stir than expected. He is not just running against Clinton. He's targeting an entire system.
And stated as fact, not opinion.
Gold held at minor support, but needs to lift off to get out of danger. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition, including this Precious Metals update risk free for thirty days. If, within that time you don’t find the information useful, I will give you…
Other than government bonds? That's a rhetorical question. They can. David Andolfatto has gone over to the Dark Side, and all the lefty keynesians are celebrating their new convert to Big Government Deficits. (Tongue in cheek warning.) Not so fast....
By James Kwak I’ve written several times about what I call the Economics 101 ideology: the overuse of a few simplified concepts from an introductory course to make sweeping policy recommendations (while branding any opponents as ignorant simpletons). The most … Continue reading ?
Says that raising U.S. rates now would make the dollar even stronger and hurt U.S. exports
We seem to be undergoing a market sentiment change as fresh signs appear that US inflation has bottomed.Commodity markets are firmer, particularly industrial metals. We've seen nickel prices moving up sharply a couple of days back (see chart). Here is...
Fast food giant is fighting competition from a variety of players and has admitted that it failed to keep up with changing tastes
Futures augured a positive start on Wall Street: Dow futures rose 0.4 percent, and S&P 500 futures were up 0.3 percent
From built-in Wi-Fi to electric vehicles to autonomous driving, people want cars that are more like consumer electronics
Black Knight Financial Services (BKFS) released their Mortgage Monitor report for March today. According to BKFS, 4.70% of mortgages were delinquent in March, down from 5.36% in February. BKFS reported that 1.55% of mortgages were in the foreclosure process, down from 2.13% in March 2014.This gives a total of 6.25% delinquent or in foreclosure. Show More Summary
An excellent piece by the very sharp and thoughtful Jonathan Chait. The remarkable thing is that Republican ideologues could, right now, be taking a huge victory lap with the apparent success of ObamaCare. All they had to say was: "this is really RomneyCare." But they didn't. Show More Summary
Ben Bernanke is much feistier as a public commentator than he was as Federal Reserve chairman. One knock on Mr. Bernanke during his tenure as Fed chief was that he was too deferential to dissenting views, which sometimes slowed or muted the Fed’s responses to the 2007-2009 financial crisis and its after-effects.
[Over at Equitable Growth:] I have never gotten it straight whether Vladimir Lenin actually did say: "The worse, the better." But Eduardo Porter does!: >The bloated incarceration rates and rock-bottom life expectancy, the unraveling families and the stagnant college graduation rates amount to an existential threat to the nation’s future. Show More Summary
Goldman Sachs Group Inc. is in talks to sell its Colombia coal mines at a loss, according to people familiar with the negotiations, Ianthe Jeanne Dugan reports. Goldman faced protests, falling coal prices, an environmental law and the...Show More Summary
A calendar of events, speeches and policy statements from central banks around the world this week.
It's painful to watch the Greek ruling coalition unwittingly do the creditors' work by wringing Greece dry of cash more aggressively than Pasok or New Democracy would have dared to.
Michael O'Hare of the University of California, Berkeley talks with EconTalk host Russ Roberts about the management of art museums. O'Hare suggests a number of changes that would allow museums to be more effective and to justify their...Show More Summary