In Super Wednesday’s central bank double-header, the Federal Reserve’s show may be an afterthought to the Bank of Japan’s performance. In a case of unusual timing, both the BOJ and the Fed will announce the outcomes of their monetary policy meetings on Wednesday. While the two major central banks frequently meet in the same week, a same-day announcement was unusual. The BOJ s...Read More
What Hillary Clinton’s email scandal is really about, explained with a cartoon … It's a constant source of news coverage, particularly in conservative outlets, where it’s turned into vessel for a larger message: that Clinton can’t be trusted. -VoxVox has written an article that minimizes suspicion about Hillary Clinton's larger transgressions regarding her "email scandal" w...Read More
We Just Got Some Fantastic Economic News About Middle-Class Families ... America’s long, slow, and frustrating economic recovery hit an important milestone last year, as middle-class incomes rose for the first time since the Great Recession. According to the latest annual analysis from the Census Bureau, real median household incomes jumped by a surprisingly strong 5.2 percent in 2015, which...Read More
Help American Workers. Pass TPP ... Hillary Clinton and Donald Trump have both said they will oppose the Trans-Pacific Partnership, a trade pact between the U.S. and 11 nations negotiated by the Obama administration and signed in February. But their views shouldn't matter much, because the issue should never get to the next president's desk. Congressional consideration of the agreement has been de...Read More
We Just Got Some Fantastic Economic News About Middle-Class Families ... America’s long, slow, and frustrating economic recovery hit an important milestone last year, as middle-class incomes rose for the first time since the Great Recession. According to the latest annual analysis from the Census Bureau, real median household incomes jumped by a surprisingly strong 5.2 percent in 2015, which...Read More
Help American Workers. Pass TPP ... Hillary Clinton and Donald Trump have both said they will oppose the Trans-Pacific Partnership, a trade pact between the U.S. and 11 nations negotiated by the Obama administration and signed in February. But their views shouldn't matter much, because the issue should never get to the next president's desk. Congressional consideration of the agreement has been de...Read More
Observing that “copyright is not a divine right”, the Delhi high court on Friday allowed Delhi University to issue photocopies of major textbooks published by leading publishers. The Justice held that the act of students getting books copied from DU’s library or its authorised photocopy shop enjoys protection under Section 52 of the Copyright Act, which exempts education from cop...Read More
Observing that “copyright is not a divine right”, the Delhi high court on Friday allowed Delhi University to issue photocopies of major textbooks published by leading publishers. The Justice held that the act of students getting books copied from DU’s library or its authorised photocopy shop enjoys protection under Section 52 of the Copyright Act, which exempts education from cop...Read More
Warren: Next Administration Should Probe, Maybe Jail Wall Street Bankers ... In trying to reopen the investigation, she's telegraphing her new Senate tactics-and sending a message to Hillary Clinton. -BloombergWarren wants to jail Wall Street bankers but she should apply her energy and eloquence to getting rid of the monopoly Fed and judicial decisions that prop up corporate America.Without the a...Read More
She wasn't always like this ... No, Hillary Rodham Clinton was once willing to share her deepest thoughts and feelings, as she did in a 1993 speech on "the politics of meaning," delivered as her father lay dying, in which she said the country was suffering "a sleeping sickness of the soul," and urged her fellow citizens "to remold society by redefining what it means to be a human being in the 20th...Read More
Warren: Next Administration Should Probe, Maybe Jail Wall Street Bankers ... In trying to reopen the investigation, she's telegraphing her new Senate tactics-and sending a message to Hillary Clinton. -BloombergWarren wants to jail Wall Street bankers but she should apply her energy and eloquence to getting rid of the monopoly Fed and judicial decisions that prop up corporate America.Without the a...Read More
She wasn't always like this ... No, Hillary Rodham Clinton was once willing to share her deepest thoughts and feelings, as she did in a 1993 speech on "the politics of meaning," delivered as her father lay dying, in which she said the country was suffering "a sleeping sickness of the soul," and urged her fellow citizens "to remold society by redefining what it means to be a human being in the 20th...Read More
Billionaire businessman Mark Cuban, a fierce supporter of Hillary Clinton, said the Democratic nominee’s recent health episode is being overblown. “It’s not crazy, it’s lazy,” he told Business Insider in a Monday interview regarding coverage of Clinton’s pneumonia. -Business InsiderIt's a battle of memes and elite dispensers are growing irritated and increasin...Read More
A giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business ... DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy. -The EconomistThe Economist provides pre-eminent...Read More
Billionaire businessman Mark Cuban, a fierce supporter of Hillary Clinton, said the Democratic nominee’s recent health episode is being overblown. “It’s not crazy, it’s lazy,” he told Business Insider in a Monday interview regarding coverage of Clinton’s pneumonia. -Business InsiderIt's a battle of memes and elite dispensers are growing irritated and increasin...Read More
A giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business ... DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy. -The EconomistThe Economist provides pre-eminent...Read More
BriefTrump Says Janet Yellen Is Keeping Interest Rates Low So President Obama Can Play Golf ... After months of surprising restraint, Donald Trump has finally started spewing conspiracy theories about the Federal Reserve. -SlateSlate writers and editors seem to believe criticism of central banking is "conspiracy theory." Specifically Donald Trump's criticism made a few days ago that Yellen is hold...Read More
'Crazies' Will Undermine the U.S. System ... Former Fed chief doesn't spell out whom he is referring to Says economic and political environment is worst he's seen ... Former Federal Reserve Chairman Alan Greenspan voiced concern that the U.S. economic and political system could be undermined by what he called "crazies." - BloombergOnce again we observe a meme we've been covering, populism versus g...Read More
BriefTrump Says Janet Yellen Is Keeping Interest Rates Low So President Obama Can Play Golf ... After months of surprising restraint, Donald Trump has finally started spewing conspiracy theories about the Federal Reserve. -SlateSlate writers and editors seem to believe criticism of central banking is "conspiracy theory." Specifically Donald Trump's criticism made a few days ago that Yellen is hold...Read More
'Crazies' Will Undermine the U.S. System ... Former Fed chief doesn't spell out whom he is referring to Says economic and political environment is worst he's seen ... Former Federal Reserve Chairman Alan Greenspan voiced concern that the U.S. economic and political system could be undermined by what he called "crazies." - BloombergOnce again we observe a meme we've been covering, populism versus g...Read More