The Federal Reserve is struggling to hit its annual inflation target for the sixth straight year, suggesting that, once again, it may be too optimistic about the health of the economy. There … Continue reading U.S. Inflation Remains Low, and That’s a Problem?

That’s the upshot of the “Slants” case (which will also protect the Redskins trademark) — and it applies to exclusion of speakers from universities, denial of tax exemptions to nonprofits, and much … Continue reading Supreme Court unanimously reaffirms: There is no ‘hate speech’ exception to the First Amendment

WASHINGTON (AP) — Industry has made more than 9.1 billion tons of plastic since 1950 and there’s enough left over to bury Manhattan under more than two miles of trash It appears … Continue reading World’s plastic waste could bury Manhattan 2 miles deep

The U.S. spends more on healthcare than other countries with similar economic status, yet its health outcomes are worse in many ways. These graphics show how. Countries with largest per capita healthcare … Continue reading The U.S. spends more on healthcare than any other country — but not with better health outcomes

Thousands of people who have private student loans and haven’t been paying them on time may get an unexpected gift—their loans may be wiped away. $12B worth of student loans could be … Continue reading Thousands of Student Loans Could Be Wiped Away Due to Missing Paperwork

The digital world is taking more and more space in our lives… and dramatically increasing electrical use. It’s a serious problem given the urgent need fight climate change. In a 2014 study, … Continue reading The bitcoin and blockchain: energy hogs

Risks from weaker growth, likely recession, higher interest rates and inflation A country that is the sole issuer of its own currency can never have it’s central bank fail. Applying stress tests to sovereign state with central bank is nonsense https://t.co/MfDKgWcv6u — Daniela Gabor (@DanielaGabor) July 14, 2017 Source: Public finances fail … Continue reading Public finances fail stress tests set for banks, says watchdog

The bank earned $26.5 billion over the past 12 months, the most ever by any major U.S. bank. While trading results reported Friday were worse than analysts expected, second-quarter net income set … Continue reading JPMorgan Just Had the Most Profitable Year in the History of Banking – Bloomberg

Tricky, tricky. From a commenter in Reddit: IrishSniper87 They know they look bad if they argue against net neutrality, so they make it seem like they promote net neutrality while arguing against … Continue reading AT&T’s ‘support’ for net neutrality means tricking customers to fight against it

Tuition fees have become a political battleground. But what’s been their impact? Comparing countries that provide free college education to countries that charge, you see that poorer children are the ones that … Continue reading 10 charts that show the effect of tuition fees

1. Stop worrying about the deficit 2. Stop making policy needlessly complex. 3. Stop “targeting” government benefits at the poor. 4. Stop leaving job creation to the capitalists Source: 4 dumb ideas … Continue reading Four bad habits Democrats will have to break if they want to create truly bold economic policy

There’s no way that spending on innovation accounts for America’s ruinously high medical costs. US health care costs are world’s highest because of waste, or greed, not because of spending so much … Continue reading The World Doesn’t Mooch Off U.S. Health-Care Research