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?Boeing's Iran deal rests on shaky foundations

U.S. could revoke deal license if planes, parts or services are "used for purposes other than exclusively civil aviation end-use"

Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in May

Economist Tom Lawler sent me the table below of short sales, foreclosures and all cash sales for selected cities in May.On distressed: Total "distressed" share is down year-over-year in all of these markets. Short sales and foreclosures are down in all of these areas.The All Cash Share (last two columns) is mostly declining year-over-year. Show More Summary

?Senators: Cable TV users aren't refunded for overcharges

Committee found that two cable giants made no effort to trace set-top box equipment overcharges and to provide refunds

2:00PM Water Cooler 6/24/2016

Today's Water Cooler: Anti-TPP concerts, Clinton economy plan, House sit-in, Trump attacks, leading indicators, meritocracy, permaculture

How and When Will We Know the Brexit Verdict?  

Polls in the Brexit referendum close Thursday evening across Britain at 10 p.m. BST, which is 5 p.m. Eastern time and 2 p.m. Pacific time. In last year’s general election, exit polls allowed the TV networks to correctly predict that the Conservative Party had won a narrow majority seconds after the voting ended. Show More Summary

Is British Immigration Really out of Control, Like Brexit Proponents Claim?

If you believe the polling data, frustrations about immigration have driven the Brexit campaign more than any other single issue. EU rules requiring open borders for workers have brought a flood of new arrivals to Britain, especially from Central European countries like Poland. Show More Summary

?Looking for a summer gig? There's a lifeguard shortage

The average pay for a lifeguard is about $9 an hour; full-time lifeguards in some West Coast cities earn more than $100K per year

?After Orlando, some businesses stress LGBT inclusivity moves

Some small business owners say the massacre at a gay dance club in Orlando gives them an impetus to make their businesses more inclusive

?Ivanka Trump ripped off shoe designs, lawsuit alleges

A high-end designer claims the fashionista daughter of Donald Trump copied its fringed stiletto sandals worn by celebrities

Making Automatic Stabilizers More Effective for the Next U.S. Recession

Nick Bunker: Making automatic stabilizers more effective for the next U.S. recession: When the next recession hits, policymakers can take steps right then and there to fight the economic downturn. The Federal Reserve can lower interest rates and the legislative...

While Democrats Protested for Gun Control, the GOP Tried to Stand Up for Financial Advisers. It Failed.

Don’t ever think the Republicans controlling the House of Representatives don’t know their priorities. Even as Democrats staged a historic sit-in on the House floor beginning Wednesday, singing “We Shall Overcome” and reading names of...Show More Summary

Big Day for Britain

(June 23, 2016 10:13 AM, by Amy Willis) Today the United Kingdom will decide via referendum whether or not to remain in the European Union... What's at stake? The New York Times has this good summary of the issue. The Economist offers another good option here. And finally,... (3 COMMENTS)

U.S. stocks rise as Britons vote on EU membership

Investors are buying stocks and selling bonds, sending banks higher; energy companies are up with the price of oil

Are U.S. teachers underpaid? Depends who you ask

One report says teachers would on average need double-digit percent raises to match the salaries of their counterparts abroad

Fiat Chrysler speeds up recall, and other MoneyWatch headlines

Fiat Chrysler is expediting a recall for vehicles with confusing gear shifts following the death of actor Anton Yelchin

Kansas City Fed: Regional Manufacturing Activity "Increased Slightly" in June

From the Kansas City Fed: Tenth District Manufacturing Activity Increased SlightlyThe Federal Reserve Bank of Kansas City released the June Manufacturing Survey today. According to Megan Williams, survey manager and associate economist...Show More Summary

A Shameless Deception in Paul Ryan’s Obamacare Replacement Plan

Republicans sabotage government programs, then complain they don't work: A shameless deception in Paul Ryan’s Obamacare replacement plan, by By Stephen Stromberg:... Paul Ryan (R-Wis.) released an Obamacare replacement plan on Wednesday that, among other things, complains that the...

Applications for U.S. jobless aid fall, a sign of low layoffs

Numbers from the Labor Department offer evidence that employers are holding onto their staffs and may even step up hiring

Macy's CEO Terry Lundgren to step down next year

Long-time head of department-store operator to be replaced by Jeff Gennette, the company's president

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