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The Washington Post Adds WSJ’s Devlin Barrett, John Podesta Joins as Contributing Columnist

The Washington Post grabs up The Wall Street Journal's Devlin Barrett, who said good-bye to the Journal yesterday after seven years there as a reporter covering law enforcement and national security. He'll have a similar beat at the Post, where he'll cover national security issues and institutions including the FBI and Homeland Security. Prior to...

Multiple Job Holders Represent a Still-Untapped Labor Reserve

The Office of Management and Budget is due to release tax and spending plans for the 2018 fiscal year soon. As reported recently by the Wall Street Journal, the plans are expected to be based on relatively optimistic growth forecasts of 3 to 3.5 percent per year, well above consensus estimates. Show More Summary

PewDiePie Kills Hitler In Latest Video, Makes Wall Street Journal Sponsor Quip

1 hour agoWeb / Web Videos : Tubefilter

If you thought the accusations of anti-semitism, the consequential severed relationships with Disney and YouTube, and the self-admission of his amateur comedic ability was going to have a dramatic effect on the types of videos FelixShow More Summary

Mnuchin Sees Tax Reform By August

Treasury Secretary Steven Mnuchin “laid out ambitious goals to secure a U.S. tax-code overhaul by August and to deliver economic growth at rates not seen in more than a decade,” the Wall Street Journal reports. “Mr. Mnuchin said the administration was [...]

10 Thursday AM Reads

The sea was angry that day. Let our morning train beach reads cheer you up: • “You Have to Stop” Renaissance Technologies Exec Tells Boss About Trump Support (Wall Street Journal) • Passive investing is winning despite the fog of war...Show More Summary

Google’s Waze carpool service is coming to more cities in the US and Latin America

Furthering its mission to battle vehicular traffic, Google-owned navigation firm Waze is gearing up to expand its Carpool service to more cities across the US and Latin America, reports The Wall Street Journal. The company first began...Show More Summary

Waze makes hay expanding into more U.S. cities, as the rain beats down on Uber

As Uber Technologies Inc. is beset by a sexual harassment scandal Google Inc.’s carpool service, Waze, is making hay. According to an article in The Wall Street Journal, Google is set to launch Waze in several U.S. cities and cities in Latin America in the coming months. Show More Summary

Sanders Loyalists Are Taking Over the Democratic Party

Wall Street Journal: “In California, supporters of the 2016 presidential contender packed the obscure party meetings that chose delegates to the state Democratic convention, with Sanders backers grabbing more than half the slots available.” “They swept to power in Washington [...]

Treasury secretary says a strong dollar is a 'good thing,' contradicting what Trump has said at times

Treasury secretary Steven Mnuchin said that the stronger US dollar is a good thing and signals investors' confidence in America, according to a new interview in the Wall Street Journal. Mnuchin, the former Goldman Sachs banker and hedge...Show More Summary

Trump is considering adding 2 executives from Treasury secretary's controversial bank to the administration

President Donald Trump is considering two former employees of controversial mortgage lender OneWest to his administration, according to reports from the Wall Street Journal and CNBC. OneWest, which was purchased under the name IndyMac...Show More Summary

Judge OKs plan to sell Manhattan hotel

A federal judge has approved plans to sell the Park Lane Hotel, according to The Wall Street Journal. Last year developer Steve Witkoff and the U.S. Department of Justice agreed to sell the 46-story... To view the full story, click the title link.

Repeal Fuel Economy Standards and Replace Them with a Tax

The Wall Street Journal reports that automakers are asking the EPA to repeal automobile fuel economy standards, known as Corporate Average Fleet Economy (CAFE) standards, which are set to rise to 56 miles per gallon by 2025. Repealing...Show More Summary

Homicides In These 4 Cities Are Spiking To The Highest Levels In 20 Years

Over the past year we've frequently written about the alarming homicide rates in Chicago (see "Chicago Violence Worst In 20 Years: 'Not Seen This Level Of Disrespect For Police Ever'"). But, the Wall Street Journal recently conducted...Show More Summary

Four major US cities are seeing a surge in homicides — but not for the reasons you might think

Four major US cities are experiencing a surge in homicide rates and have neared or exceeded the numbers from the 1990s, according to a study from The Wall Street Journal. The publication looked at homicide data stretching back to 1985...Show More Summary

Saudi Aramco Selects Lead Underwriters for $100 Bln IPO

Oil giant Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters on the firm's planned initial public share offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Joanna Stern on Why Digital Assistants Tend to Have Female Voices

Joanna Stern, writing for The Wall Street Journal: You get the point: The virtual assistants popping up in our lives sound overwhelmingly female. “I’m female in character,” Amazon’s Alexa responds if you ask her if she is a woman. In...Show More Summary

Sweden Has Become the New Poster Country for the U.S. Immigration Debate

yesterdayNews : Truthdig

Video footage showed the aftermath of the riots in Rinkeby, Sweden. (Screen shot via Wall Street Journal) It’s been three days since President Trump baffled reporters by referring to an unnamed terrorist incident in Sweden, and the media...Show More Summary

Carl Icahn has reportedly taken a stake in Bristol-Myers and its shares are jumping (BMY)

Billionaire Carl Icahn has taken a stake in the pharmaceutical company Bristol-Myers and sees it as a possible takeover target, according to The Wall Street Journal. Bristol-Myers shares gained as much as 5% in late trading on Tuesday...Show More Summary

Manufacturing GDP and the Trade Deficit Rise and Fall Together

As The Wall Street Journal notes, “Mr. Trump and his advisers see the U.S. goods trade deficit as an indicator of U.S. economic weakness.”  Yes, they do. But why?  As the graph clearly shows, the real gross output of U.S. manufacturing...Show More Summary

About that carbon tax idea….

Eric Biber posted last week about the proposal from several heavyweight Republicans for a carbon tax, outlined in a Wall Street Journal op-ed. Much has been said about the merits and problems of a carbon tax, including on this blog, so I will try not to repeat those points here. However, I wanted to expand […]

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