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Mad About Upcoming Social Security Cuts? Blame This Book…

Social Security cuts outlined by Congress last fall officially go into effect on May 1. The post Mad About Upcoming Social Security Cuts? Blame This Book… was originally published at The Wall Street Examiner. Follow the money!

How to Protect Yourself from Deutsche Bank’s Gold and Silver Market Rigging

Deutsche Bank just admitted that it and other Big Banks conspired to rig gold and silver prices. The post How to Protect Yourself from Deutsche Bank’s Gold and Silver Market Rigging was originally published at The Wall Street Examiner. Follow the money!

Thursday: GDP, Unemployment Claims

Atlanta Fed GDP Now: The final GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 is 0.6 percent on April 27, up from 0.4 percent on April 26.New York Fed Nowcasting: GDP growth prospects...Show More Summary

Analysis: Rate Hike in June depends mostly on Inflation

The April FOMC statement was very similar to the March statement. There was less emphasis on "global" risks in the April statement, and there was more emphasis on low inflation. Here are excepts from the April and March statements on...Show More Summary

?Judge says Amazon is liable for kids' in-app charges

The ruling favors the Federal Trade Commission's suit from 2014, which Apple and Google had agreed to settle

The link between pro-austerity and anti-Brexit

Lithuanians defend their austerity programme and are mystified by the possibility of Brexit

Liveblogging World War I: April 27, 1916: Harry S. Truman to Bess Wallace

Harry S. Truman: [To Bess Wallace](http://www.trumanlibrary.org/whistlestop/study_collections/trumanpapers/fbpa/index.php?documentid=HST-FBP_4-10_01&documentVersion=both): >Commerce, Okla. April 27, 1916 >Dear Bess: >Your letter came today. Show More Summary

Procrastinating on April 27, 2016

Over at [Equitable Growth](http://EquitableGrowth.org): Must-Reads: [Memo to self: Monetary policy since 1985 - Equitable Growth](http://equitablegrowth.org/memo-to-self-monetary-policy-since-1985/) Nick Bunker: [Competition in the U.S. Show More Summary

The Joker(s)? 17 European Countries Have Negative 2 Year Sovereign Yields (13 at Negative 5 Year Yields)

It does seem like an evil character from the Batman franchise, The Joker, is running the global central banks. The post The Joker(s)? 17 European Countries Have Negative 2 Year Sovereign Yields (13 at Negative 5 Year Yields) was originally published at The Wall Street Examiner. Follow the money!

Fed Resusbstantiation Rally Fizzles But Wait! There’s More

Today was surprisingly weak for Fed policy resubstantiation day. The real post FOMC rally often holds off till Thursday. Daily Market Update Pro subscribers (Professional Edition), click here to download complete report in pdf format. Show More Summary

Facebook reports stronger-than-expected 1Q results

Social media company benefits from a growing number of users and higher advertising revenue

?Anthem expects a profit this year from ACA exchanges

The company says the Obamacare exchanges still have problems that need working out, but it remains optimistic

No Rate Hike. Will it Happen in June?

Output growth has slowed, labor markets and inflation have improved, less concern about the global economy, no rate hike. An increase in the target rate is on the table for June, but far from certain at this point: Press Release,...

Why the Settling of Prince’s Estate Could Get Very, Very Messy  

Who will inherit Prince’s fortune and take charge of his legacy—including the rumored treasure trove of music the late pop icon is rumored to have recorded, but never released? That’s a good question. On Tuesday, Prince’s sister, Tyka...Show More Summary

Venezuela's Government Just Instituted a Two-Day Workweek, Because It Needs to Save Electricity

Venezuela's years-long economic disintegration hit a sad new milestone on Tuesday, when President Nicolas Maduro announced that government employees would work only on Mondays and Tuesdays for at least the next two weeks to save scarce electricity. Show More Summary

2:00PM Water Cooler 4/27/2016

Today's Water Cooler: TTIP losing steam, Clinton and Trump, Sanders onward, helicopter money, vile Medicaid, security robot, star explosion

Time is Money, by Amy Willis

Tough talk on taxes and spending in this week's episode, as Russ sat down with Harvard's Alberto Alesina to talk about the promise and perils of austerity. Which is better to shore up a nation's fiscal situation- tax increases or spending...Show More Summary

WHY IS THE RACIAL WEALTH GAP WIDENING? AND WHAT SHOULD BE DONE...

WHY IS THE RACIAL WEALTH GAP WIDENING? AND WHAT SHOULD BE DONE TO REVERSE IT? Wealth inequality is even more of a problem than income inequality. That’s because you have to have enough savings from income to begin to accumulate wealth – buying a house or investing in stocks and bonds, or saving up to send a child to college. Show More Summary

Early American Immigrants

(April 27, 2016 04:03 PM, by David Henderson) Scott Alexander has written a fantastic review of David Fischer's Albion's Seed. The book is about early immigration to the Eastern United States. Alexander gives a nice summary of each of the 4 immigrant groups, along with some really interesting... (1 COMMENTS)

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