Discussions
It's Up to Republicans to Legalize Marijuana
Via: bob-nelson
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Stock Market & Investments
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101 Comments
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8 years ago
If only Nixon could go to China, as the saying goes, then maybe only Republicans can legalize weed. Marijuana has now been legalized for medical use in many states -- only Idaho, Kansas,...
IMF Strikes Out in Projecting Unemployment as Badly As the Fed
Via: bob-nelson
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Stock Market & Investments
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3 Comments
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8 years ago
Those of us pushing the Federal Reserve Board to hold off on raising interest rates have pointed out that the members of the Fed's Open Market Committee, like other economists, have repeatedly...
The one tax graph you really need to know
Via: bob-nelson
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Stock Market & Investments
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43 Comments
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8 years ago
At the heart of the debate over "the 47 percent" is an awful abuse of tax data. This entire conversation is the result of a (largely successful) effort to redefine the debate over taxes from...
On trade, Trump either doesn’t understand the basic facts or he doesn’t care
Via: bob-nelson
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Stock Market & Investments
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4 Comments
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8 years ago
Currencies go up, and currencies go down, but that doesn't necessarily mean that they're being manipulated. That's about as generic as statements get, but it's apparently news to President...
Stock futures plunge, with the Dow heading for a 500 point drop, after China announces new tariffs
Via: galen-marvin-ross
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Stock Market & Investments
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60 Comments
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8 years ago
U.S. stock index futures tumbled ahead of Wednesday's open, as concerns over a potential trade war between the U.S. and China intensified. Around 7:30 a.m. ET, Dow Jones industrial average...
Dollar's Decline Laid Bare in Real Rates
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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8 years ago
Dollar's Decline Laid Bare in Real Rate One thing that could reverse the greenback's drop is if the Fed's doves acknowledge the need to boost interest rates. The dollar is depreciating....
Coal’s Decline Seems Impervious to Trump’s Promises
Via: bob-nelson
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Stock Market & Investments
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7 Comments
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8 years ago
BOBTOWN, Pa. — When Nic Zmija applied for a job at the 4 West coal mine three years ago, he was tantalized by a fat raise and a secure future. Once hired, he was told that someday even his two...
Does Mnuchin Know? The Dollar Is Weak Already
Via: bob-nelson
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Stock Market & Investments
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4 Comments
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8 years ago
Investors were bidding up the euro during Trump's first year. European and Asian stocks outperformed U.S. markets, too. In dozens of tweets, President Donald Trump has pressed his claim that...
The Fed Is Targeting the Wrong Inflation
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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8 years ago
Consumers are increasingly asking: Is this a need or a want? A discernible gap between the rate of price increases for necessities and the one for discretionary purchases is putting the Federal...
Why Americans Missed Out on Public Domain Day (Again)
Via: bob-nelson
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Stock Market & Investments
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3 Comments
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8 years ago
Aleister Crowley, Dorothy Parker, and René Magritte joined the public domain in 2018, but not in the United States While the rest of the world celebrates free access to the creative work of...
Chinese Consumers Now Rule the World. Get Used to It
Via: bob-nelson
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Stock Market & Investments
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4 Comments
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9 years ago
It's no longer the "world's factory" as Singles' Day blows away Black Friday. It’s way past time to stop calling China the world’s factory. The country is increasingly the world’s...
What Makes the U.S. Retirement System a Bad Example
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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9 years ago
A Q&A with a leading authority on the Netherlands' retirement savings system, one of the world's best. The headline from the Dutch business newspaper Het Financieele Dagblad caught my eye...
Workers Won't Profit From Corporate Tax Windfall
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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9 years ago
Companies are preparing to buy back stock and increase dividends. In other words, to reward capital instead of labor. Even before the Republican tax bill was signed, companies were lining up...
Why the U.S. could slap import duties on a plane made in Alabama
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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9 years ago
U.S. trade officials on Monday will hear final arguments over Boeing’s claim that it has been harmed by planned imports of Canadian aircraft, in a case that underscores corporations’ efforts to...
Inside the Home of Instant Pot, the Kitchen Gadget That Spawned a Religion
Via: bob-nelson
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Stock Market & Investments
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8 Comments
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9 years ago
KANATA, Ontario — Truth be told, the headquarters of Instant Pot don’t look much like a church. But inside this sterile, gray office building on the outskirts of Ottawa, behind a door marked...
Economists Are Obsessed with “Job Creation.” How About Less Work?
Via: bob-nelson
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Stock Market & Investments
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12 Comments
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9 years ago
Pixabay Increased automation has not reduced our workload. Why not? What if it did? In 1930, the British economist John Maynard Keynes predicted that, by the end of the century, the...
Labor Productivity Is Just Terrible These Days
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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9 years ago
Jobs figures for November will be released in a couple of hours, and the consensus forecast is that they’ll be fine. While you wait, however, here’s another chart to look at: Productivity...
Baker's refusal to make gay wedding cake: SCOTUS poses tough questions
Via: lmm
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Stock Market & Investments
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209 Comments
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9 years ago
WASHINGTON (Reuters) - U.S. Supreme Court justices including pivotal jurist Anthony Kennedy on Tuesday posed tough questions to lawyers representing a conservative Christian baker in Colorado who...
Trump's personal banking information handed over to Robert Mueller
Via: lmm
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Stock Market & Investments
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5 Comments
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9 years ago
Donald Trump’s banking information has formally been turned over to Robert Mueller, the special prosecutor who is investigating whether the president’s campaign conspired with the Kremlin during...
(Stock Market) Cramer: Crushed retail stocks show some life because 'Amazon can't destroy everybody'
Via: krishna
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Stock Market & Investments
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2 Comments
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9 years ago
Retail stocks are trading higher because investors have realized the "death star" known as Amazon "can't destroy everybody," CNBC's Jim Cramer says. "The death star cannot destroy everyone....
Voodoo Too: The GOP Addiction to Financial Deregulation ... Red Rules apply
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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9 years ago
The big economic policy story for this week will be the attempt to ram through the Republican tax bill, which manages both to raise taxes on middle- and lower-income Americans even as it blows...
Real Estate Agents Mobilize to Shield Homeowners on Tax Plan ... Red Rules apply
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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9 years ago
For decades, the real estate industry has benefited from generous tax deductions that raise home values by making it cheaper for people to own property and shoulder their local taxes. Now, as...
Jeff Bezos’ net worth surpasses 100 billion dollars
Via: bob-nelson
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Stock Market & Investments
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4 Comments
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9 years ago
Amazon’s Black Friday stock surge pushed him over Photo by Drew Angerer/Getty Images Bloomberg has been keeping an eye on Amazon CEO Jeff Bezos’ net worth and notes that today, for the...
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