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Ford's profit falls on trouble in U.S., China

Automaker says its full-year guidance -- which calls for a pretax profit of $10 billion to $11 billion -- remains intact but is at risk

Do “Unconventional” Monetary Policies Work?

A skeptical look at unconventional monetary policies: quantitative easing, ZIRP, and negative interest rates.

The strange death of the business vote

To those of us who grew up in the 70s and 80s, there’s something odd about politics now. It’s that no main party is, or seems to want to be, the “party of business”. What I mean is that back...

Weekly Initial Unemployment Claims increased to 264,000

The DOL reported:In the week ending July 23, the advance figure for seasonally adjusted initial claims was 266,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 253,000 to 252,000. Show More Summary

?Debt collectors face a major federal rule overhaul

The CFPB proposes a raft of regulatory changes aimed at an industry that generates more consumer complaints than any other

?World shares mixed as investors await Bank of Japan decision

U.S. stocks looked set for a tepid open: Both Dow and S&P 500 futures were flat

How much are couch potatoes costing the world?

For the first time, researchers put a dollar amount on the financial burden of our increasingly sedentary lives

How Much Stimulus Did Fed Housing Subsidy Really Buy?

Today I’ll dig a little deeper into the new home sales data and related data. I want to help you see how the media spins the story to suit its narrative in support of the status quo. The status quo includes the ideas that the housing...Show More Summary

Thomas Friedman Says the People He Disagrees With Are Like Donald Trump

Thomas Friedman moves beyond his Flat World to divide the world into "Web People," who he likes, and "Wall People" who he holds in contempt. Donald Trump is naturally the lodestar of the Wall People, but the category goes well beyond...Show More Summary

EU Gives UK a Brexit Poke in the Eye by Appointing Michel Barnier, Nemesis of the City, as Key Negotiator

European Commission President Jean-Claude Juncker achieved a significant win by appointing Michel Barnier as a lead Brexit negotiator.

The Fed teases a September hike, but will it chicken out?

Stocks didn't crater, but bonds and gold jumped, signaling an unease that has previously led the Fed to back off

?Long-term care for seniors is on life support

As premiums soar -- by as much as 100 percent -- many are forced to give up their policies or get reduced benefits

Oil Industry About To Be Burned Again By Fall In Oil Prices

Easy access to capital has driven oil prices lower and is likely to do again as E&P’s directly invest in more rigs ahead of demand.

Finite Horizon models of inflation as the horizon goes to infinity

You have an infinite horizon model of inflation. Your model tells you what happens to the time-path of the price level P(t) if the central bank changes monetary policy. Please do something: Convert your infinite horizon model into a finite...

A financial transaction tax would help ensure Wall Street works for Main Street

A well-designed financial transaction tax—a small levy placed on the sale of stocks, bonds, derivatives, and other investments—would be an efficient and progressive way to generate tax revenues.

5 big mistakes job seekers make

Looking for a new gig? Don't let a failure to follow some basic rules sabotage your job hunt

?What leads to divorce? It's often about work

And not in the way many might think -- that women who work outside the home jeopardize their marriage

?Heading abroad? A new reason to pack a credit card

Many popular credit cards are dropping their pesky -- and pricey -- "foreign transaction" fees

Robin's Turing Test

(July 28, 2016 12:04 AM, by Bryan Caplan) Robin recently tried an Ideological Turing Test for a subset of my critique of his Age of Em. He understands me better than before, but there's still room for improvement. "Correct" means Robin has described my view to a tee.... (0 COMMENTS)

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