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Australia needs an NGDP futures market

The Wall Street Journal sees Australia skirting on the edge of a recession: SYDNEY—From the vast mining pits that dot Australia’s arid northwest to the multimillion-dollar luxury homes with views across Sydney Harbour, economists are seeing red flags that point to a looming economic slump. Thousands of kilometers away, China is providing another cause for […]

Biden Decision May Take a While

“The question of whether Vice President Joe Biden will mount a bid for the presidency could remain unsettled well into the fall, later than he had envisioned,” the Wall Street Journal reports. “In Mr. Biden’s first detailed public remarks on [...]

Trump Gets Big Boost from Air Fleet

Donald Trump’s presidential campaign “has a big advantage hidden in plain sight: Trump Air,” the Wall Street Journal reports. “Mr. Trump’s fleet of private aircraft, which includes a Boeing 757, a Cessna Citation X and three Sikorsky helicopters, whisks the [...]

Unemployment falls to 7 year low

The Labor Department said Friday that the jobless rate fell to 5.1 percent – a level consistent with a normal economy and the lowest since April 2008 – from 5.3 percent in July. Economists surveyed by the Wall Street Journal had projected a 220,000 increase in payrolls and a drop in the unemployment rate to

Weekend Wax Bits

9 hours agoMusic / Jazz : JazzWax

In today's Wall Street Journal, I write on Erroll Garner's Concert by the Sea (go here). Sony is preparing to release the complete concert for the first time on Sept. 18. The new three-CD set will feature the original album...      ...

The Season Of The Glitch (Or "Why Retail Investors Have No Chance")

Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog, Over the past two months, more than 90 Wall Street Journal articles have used the word “glitch”. A few choice selections below: Bank of New York Mellon Corp.’s chief executive...Show More Summary

Robert Redford May Be Wrong When He Said Retirement Leads To Death

20 hours agoNews : Huffington Post

You may hope to retire some day, but don't expect to find the 79-year-old actor Robert Redford anywhere near you on the back nine. The Hollywood legend told The Wall Street Journal that he thinks "retirement can lead to death," and added "that’s not for me.” Death? Really? In the literal sense? Well, the jury is still out on that one. Show More Summary

WTO Finds Dirt in India’s Clean Energy Program

The World Trade Organization has reportedly found that India’s solar power subsidies violate global trade rules.  According to the Wall Street Journal: In a report sent to India and the U.S. late last week, the dispute settlement panel...Show More Summary

Teacher Arrested in Drone Crash at U.S. Open

A crash landing by a drone at the U.S. Open Tennis Championships led to the arrest of a New York City public school teacher Thursday night. The Wall Street Journal reports: “Daniel Varley, 26 years old, was charged with reckless...

"A Sad And Shallow Screed": Experts Tear Apart WSJ Op-Ed Denying Health Benefits Of Reducing Smog Pollution

The Wall Street Journal published an op-ed denying the fact that reducing ozone pollution -- the key component of smog -- will result in public health benefits. Medical and environmental experts castigated the op-ed as "completely outside...Show More Summary

Capital Journal Daybreak: Inside Israel’s Bid to Derail Iran Pact, More

The Capital Journal Daybreak newsletter is The Wall Street Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.

Google Launches a Dedicated Street View App by @mattsouthern

Google has launched a dedicated Street View app, available on iOS and Android. The post Google Launches a Dedicated Street View App by @mattsouthern appeared first on Search Engine Journal.

Higher Tax Rates and Lower Revenues 1925-36

My recent Wall Street Journal op-ed, “Hillary Parties Like It’s 1938,” is not just about FDR’s self-defeating “tax increases” in 1936-37.  It is also about the particularly huge across-the-board increase in marginal tax rates the Herbert Hoover pushed for and enacted retroactively in 1932. Show More Summary

Be a tennis line judge: Interactive tests your skills

Watch video clips from the judge's point of view and try to make the call. Tags: game, tennis, Wall Street Journal

Pension Giant Calstrs Mulls Big Shift Into Hedge Funds

The California State Teachers’ Retirement System, known as Calstrs, is reportedly mulling a rotation into hedge funds and alternative investments and out of stocks and bonds. Timothy Martin at The Wall Street Journal reports that the second-largest U.S. pension fund is has “discussed moving as much as 12% of the fund’s portfolio—or more than $20 billion—into […]

Capital Journal Daybreak: Obama Locks In Votes to Secure Iran Nuclear Deal, More

The Capital Journal Daybreak newsletter is The Wall Street Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.

The CEO of Uber's biggest rival in China told Travis Kalanick that he is his 'inspiration'

The CEO of Uber's biggest rival in China, taxi-hailing app Didi Kuaidi, once considered Uber's Travis Kalanick an "inspiration," VentureBeat reports. A spokesperson for the Chinese company told The Wall Street Journal that when the two...Show More Summary

Chinese Warships Spotted During Obama Alaska Visit

Bad timing? In what the Pentagon says is a first, five Chinese warships were spotted in international waters in the Bering Sea off the coast of Alaska yesterday as President Obama visited the state, reports the Wall Street Journal. Defense officials say they're not entirely sure what the Chinese vessels...

The IRS Scandal, Day 847

Wall Street Journal, Miles From Nowhere: An Update on the IRS Scandal, by James Taranto: Hillary Clinton is not the only official of the Obama administration to have engaged in email shenanigans. While we were away last week, as the Washington Times reported, a court filing from the Internal Revenue...

Cheney: Congress should have no say in president’s Iran policy

On Sept. 8, Dick Cheney will deliver an address at the American Enterprise Institute in the hopes of torpedoing the Iranian nuclear agreement. As his Wall Street Journal op-ed this week suggests, Cheney will argue that "the U.S. Congress...Show More Summary

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