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Oil prices finish at 10-week high as domestic crude supplies, Cushing stocks drop

Oil prices finish at 10-week high as domestic crude supplies, Cushing stocks drop


Via: baron-creek  •  Stock Market & Investments  •  1 Comments  •  2 weeks ago

Let's ignore the 3.8m barrels of distillates added to their stocks and the 2.9m barrels of gasoline added to their inventory. The entirety of Crude and Crude Products +SPR  inventory increased...
Dow closes down 1,000 points as coronavirus fears slam Wall Street

Dow closes down 1,000 points as coronavirus fears slam Wall Street


Via: perrie-halpern  •  Stock Market & Investments  •  30 Comments  •  3 months ago

Best TV Commercial Ever?

Best TV Commercial Ever?


Via: krishna  •  Stock Market & Investments  •  15 Comments  •  8 months ago

" I'd Like to Teach the World to Sing (In Perfect Harmony) " is a pop song that originated as the   jingle   "Buy the World a Coke" [1]   in the groundbreaking 1971 "Hilltop" television...
A ‘Lehman-like’ stock market disaster could happen this week, analyst warns

A ‘Lehman-like’ stock market disaster could happen this week, analyst warns


Via: krishna  •  Stock Market & Investments  •  2 Comments  •  9 months ago

A ‘Lehman-like’ market disaster could happen this week, analyst warns Bearish sentiment currently correlates well with sentiment before the collapse of investment bank Lehman Brothers in...
Is plutocracy really the problem?

Is plutocracy really the problem?


Via: bob-nelson  •  Stock Market & Investments  •  3 Comments  •  11 months ago

WHY did the policy response to the Great Recession only partly reflect the lessons learned from the Great Depression? Until recently, the smart money was on the answers given by Financial...
A better way to tax the rich

A better way to tax the rich


Via: bob-nelson  •  Stock Market & Investments  •  47 Comments  •  11 months ago

Deficit Man and the 2020 Election

Deficit Man and the 2020 Election


Via: bob-nelson  •  Stock Market & Investments  •  3 Comments  •  11 months ago

I’ve seen a number of people suggest that the 2020 election will be a sort of test: Can a sufficiently terrible president lose an election despite a good economy? And that is, in fact, the...
Paul Krugman, Tuesday, July 16, 2019

Paul Krugman, Tuesday, July 16, 2019


Via: bob-nelson  •  Stock Market & Investments  •  10 Comments  •  11 months ago

Two weeks ago Michael Dunleavy, the Republican governor of Alaska, decided that it would be better to destroy his state’s future than to raise taxes, even a little. The thing is, his...
Hunching over phones could cause horn-like bone growth

Hunching over phones could cause horn-like bone growth


Via: perrie-halpern  •  Stock Market & Investments  •  24 Comments  •  11 months ago

The recrudescence of zero-sum thinking

The recrudescence of zero-sum thinking


Via: bob-nelson  •  Stock Market & Investments  •  2 Comments  •  11 months ago

President Trump believes we live in a zero-sum world in which one country’s gain is another’s loss. This is evident in his reaction to Mario Draghi’s comment this week that additional monetary...
The Big Question for the Fed This Week: Did We Make a Mistake?

The Big Question for the Fed This Week: Did We Make a Mistake?


Via: bob-nelson  •  Stock Market & Investments  •  33 Comments  •  last year

Central bankers pride themselves on being the grown-ups of economic policy. They want it known they’re basing their decisions on sound economics rather than political considerations. They...
Why Boeing May Never Recover From Its 737 Debacle

Why Boeing May Never Recover From Its 737 Debacle


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

Most of us are familiar with the acronym “ FUBAR .” A recent New York Times article on the Boeing 737 fiasco provides a perfect illustration of the concept. We’re now learning that the...
‘Socialism for the rich’: the evils of bad economics

‘Socialism for the rich’: the evils of bad economics


Via: bob-nelson  •  Stock Market & Investments  •  121 Comments  •  last year

I n most rich countries , inequality is rising, and has been rising for some time. Many people believe this is a problem, but, equally, many think there’s not much we can do about it....
Fossil fuels are underpriced by a whopping $5.2 trillion

Fossil fuels are underpriced by a whopping $5.2 trillion


Via: bob-nelson  •  Stock Market & Investments  •  15 Comments  •  last year

The world’s top climate scientists calculated in a startling report last year that if we want to limit global warming to 1.5 degrees Celsius this century to avoid devastating social and...
Boeing Is a Perfect Parable for 21st-Century Capitalism

Boeing Is a Perfect Parable for 21st-Century Capitalism


Via: bob-nelson  •  Stock Market & Investments  •  6 Comments  •  last year

Wikipedia A veteran commercial pilot and software engineer with over three decades of experience has just written the most damning account of the recent Boeing 737 fiasco. At one...
Clean copy: Bernie Sanders and the Myth of the 1 Percent

Clean copy: Bernie Sanders and the Myth of the 1 Percent


Via: bob-nelson  •  Stock Market & Investments  •  47 Comments  •  last year

A peculiar chapter in the 2020 presidential race ended Monday, when Bernie Sanders, after months of foot-dragging, finally released his tax returns. The odd thing was that the returns...
Steve Moore

Steve Moore


Via: bob-nelson  •  Stock Market & Investments  •  4 Comments  •  last year

I am still recovering from my joint appearance at San Francisco's Commonwealth Club with Steve Moore, and my having to listen to an extraordinary number of things from his mouth that...
STOCK MARKET: Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump

STOCK MARKET: Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump


Via: krishna  •  Stock Market & Investments  •  21 Comments  •  last year

Photo credit: Lugen Family Office A plan by the giant U.S. private-equity firm Blackstone Group (BX - Get Report)  to  convert from a partnership  into a stock corporation sent the...
Consumer Reports reviews popular online tax-prep services — and finds a few problems

Consumer Reports reviews popular online tax-prep services — and finds a few problems


Via: perrie-halpern  •  Stock Market & Investments  •  2 Comments  •  last year

By   Herb Weisbaum Do-it-yourself online tax preparation services promise expert advice and “guarantee” to   maximize your refund . But can they live up to these claims? Consumer Reports...
Holy Voodoo, Batman!

Holy Voodoo, Batman!


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

The 2019 Economic Report of the President is out, and everyone is having fun with the bit at the end that acknowledges the help of student interns – a list that includes Peter Parker,...
How UberEats uses data to help restaurants rebrand online, creating entirely new eateries

How UberEats uses data to help restaurants rebrand online, creating entirely new eateries


Via: perrie-halpern  •  Stock Market & Investments  •  12 Comments  •  last year

 Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt company

Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt company


Via: perrie-halpern  •  Stock Market & Investments  •  24 Comments  •  2 years ago

By   Lauren Hirsch, CNBC Department store chain Sears won a reprieve from liquidating Friday after its chairman, Eddie Lampert, submitted a bid in an effort to buy the retailer and keep it...
Why we spend money on things we shouldn't (and how to break the cycle)

Why we spend money on things we shouldn't (and how to break the cycle)


Via: perrie-halpern  •  Stock Market & Investments  •  6 Comments  •  2 years ago

By   Jean Chatzky I can’t really afford this, but I love it … I really shouldn’t have bought that, but I needed a pick me up … Is this what a spending hangover feels like? Sound familiar?...
Market gains for 2018 wiped out by plunging stocks

Market gains for 2018 wiped out by plunging stocks


Via: perrie-halpern  •  Stock Market & Investments  •  7 Comments  •  2 years ago

By   Lucy Bayly The stock market slid dramatically on Tuesday after a slew of disappointing corporate earnings dragged down the Dow Jones Industrial Average and the S&P 500, erasing all...
Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class

Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  2 years ago

To paraphrase Mark Twain , everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point to project their own views on how to...
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