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Frontrunning: September 20

Fed Poised to Set Portfolio Reduction Plan in Motion (WSJ) Dollar close to 2015 lows as conflicted Fed prepares policy update (WSJ) The Risk of a New Economic Non-Order (El-Erian) A last, last chance: Republicans strain for Obamacare...Show More Summary

Turkey threatens sanctions over Kurdish independence vote

HABUR BORDER CROSSING, Turkey (Reuters) - Turkey's President Tayyip Erdogan threatened to impose sanctions against Kurdish northern Iraq over a planned independence vote, piling economic pressure on Kurdish authorities after Turkish troops deployed near the main commercial border crossing.

‘Medicare for all’ could be cheaper than you think

1 hour agoNews : The Raw Story

By Gerald Friedman, Professor of Economics, University of Massachusetts Amherst. Some of the original advocates for Medicare in the 1960s hoped to eventually extend it to everyone. AP Photo Public support for single-payer health care has been rising in recent months amid failed Republican efforts...

Environmental sensing with recycled materials

Electronic waste is an economic and environmental problem, but citizen scientists can take action by using harvesting sensor from discarded electronics. Environmental sensing—the process of gathering information from ecological systems—is an essential part of ecology and sustainable agriculture. Show More Summary

Eduardo Porter Criticizes NYT Editorial Calling for Increased Protectionism

It's good to see the NYT has diverse voices on economic issues. In his "Economic Scene" column on the economy's supposed labor shortage, Porter argued that "raising barriers to imports — inviting retaliation from trading partners — is...Show More Summary

Economic Scene: Unemployment Is So 2009: Labor Shortage Gives Workers an Edge

2 hours agoNews : NYTimes: News

Earnings are rising at a pace not seen in almost two decades. Will it be enough to draw more people off the bench and into the job market?

Police arrests Catalan official amid referendum crackdown

The Catalan regional government says that a top official in the management of the region's economic affairs has been arrested as a crackdown intensifies on preparations for a secession vote … Click to Continue »

AP Interview: New Zealand PM wants to extend economic gains

New Zealand Prime Minister Bill English is fighting to keep his job when the nation votes in the general election on Saturday. He was finance minister for eight years before … Click to Continue »

The Virginia governor’s debate in 90 seconds

Lt. Gov. Ralph Northam, the Democratic candidate for Virginia governor, and Ed Gillespie, the Republican nominee, debated economic policy and the role of Confederate statues in Virginia on Sept. 19.

Chinese, Vietnamese Communist parties have 'shared destiny': Beijing

China and Vietnam's Communist parties have a "shared destiny" and there is great potential for bilateral economic cooperation, a senior Beijing official said on Tuesday on a visit to Vietnam, which has clashed with China over the South China Sea. Show More Summary

Even in a prosperous city like D.C., many still go hungry, report finds

Poverty and economic inequities keep many city residents from having access to quality foods.

We're officially in the second largest bull market since WWII

We're officially in the second largest bull market since WWII. The S&P 500 Index's current bull market became the second best performing in the modern economic era on Monday. Stocks have climbed by about 270% from their March 2009 low...Show More Summary

8 Warnings To Congress On Business Tax Reform

America’s business tax system is needlessly complex and economically harmful. Meaningful reforms create winners and losers. And you likely hear more complaints from the latter than praise from the former. At the risk of adding to it, my testimony makes eight points about business tax reform.

‘Craven dipsht’: Internet scolds Trump economic advisor for failing to grasp how insurance works

15 hours agoNews : The Raw Story

Donald Trump’s top economic advisor Stephen Moore on Tuesday demonstrated an apparent lack-of-knowledge of just how insurance works, telling CNBC’s John Harwood “people want insurance for their own families, not other peoples.” Moore was explaining why it’s unfair to have an insurance system where...

Your chances of getting a bigger raise or bonus in 2018 just went down

Middle-class incomes are on the rise, corporate profit growth has been particularly strong and unemployment is low. But don't expect all that good economic news to translate into a big bonus next year: Companies are actually projecting a decline in their budgets for bonuses in 2018, according to a survey released Monday. Human resources consultancy Aon Hewitt released its […]

VIDEO KILLED THE RADIO STAR: My latest column at the Foundation for Economic Education – People Are …

VIDEO KILLED THE RADIO STAR: My latest column at the Foundation for Economic Education – People Are Grumbling about the iPhone X Because That’s How Innovation Works. Well, that and the massive prestige premium Apple has added to the price.

Amazon declines Tuscon’s cactus, but other kinds of gifts are great

Amazon had to politely refuse a cactus from Arizona today. Sun Corridor, an Arizona-based economic group, offered a 21-foot Saguaro cactus as a way to show its interest in housing Amazon’s second headquarters. The company is now looking...Show More Summary

Trump White House 'suppressed' report showing economic benefits of admitting refugees

16 hours agoNews : Trending Now

The Trump administration suppressed a study showing refugees brought $63bn (£46.6bn) in economic benefits to the US, it has been claimed. The draft report showed refugees contributed vastly more in revenue to the US government than the state spent to help them between 2005 and 2014. Show More Summary

Hurricanes are menacing our economy. We have to invest in better prediction.

With millions of lives and trillions of dollars of coastal assets at risk, hurricanes are a threat to our economic development and national security. It is time that we treat them as such.

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