Archive for March 13th, 2017

New book argues their ‘sociopathic’ tendencies are to blame for climate change, and that’s just for starters.

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Grounded flights and soaring power prices roiled the Northeast U.S. as a late-winter storm prepared to spin up the Atlantic Coast

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Toward the end of 1942, Winston Churchill, in announcing a rare victory over the German army, uttered one of his more memorable phrases: “This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” The same might be said today of the American economic recovery. Progress, though real, is incomplete.
Nine years after Bear Stearns’ collapse the first sign that the economy was in serious trouble the recovery seems to have healed the Great Recession’s worst wounds. Job creation has been steady. Payroll jobs total 145.8 million, up about 16.1…

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The case of Murray versus Middlebury has generated plenty of interest, and for good reason. For those who missed it, Charles Murray, a distinguished if often controversial social scientist, was prevented from speaking at Middlebury College by repeated noisy disruptions to both a public and hastily-arranged private webcast. Things turned nasty when Murray went to leave and an angry mob confronted him. Murray was pushed and shoved. His interlocutor, liberal political science professor Allison Stanger, was grabbed by the hair, and later had to be put in a neck brace in the hospital. Once she…

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Safety advocates are concerned that rules that were enacted to help protect workers may vanish as change comes to OSHA.

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Auto industry inventories of unsold vehicles reached a near-13-year high at the beginning of March of 4.1 million vehicles. GM's inventory rose month-over-month while both Ford and Fiat Chrysler saw inventories decline.

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Pew Research Center breaks down how much money you have to make each year to qualify.

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Many of President Donald Trump’s backers cite the U.S. trade imbalance, federal debt and the cost of foreign wars as causes of their unease—not health insurance or immigrants, Gerald F. Seib writes.

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When comparing workers with similar jobs and education, this group is catching up with everyone else.

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Wealthier Americans could see a big break under the American Health Care Act, experts conclude

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For the first time in almost a decade, Fed officials are signaling a greater collective confidence and unanimity that the economy can handle tighter money.

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The trade talks on steel imports were dragging on, and Robert Lighthizer didn’t care for the Japanese offer. So he folded it into a paper airplane and launched it across his desk at Japan’s lead negotiator.

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<p>.S. stocks attempted gains Monday as traders anticipated an interest rate hike on Wednesday.</p>

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Are late-day ETF buy/rebalancing programs and the proliferation of price momentum (quant) strategies the 2017 equivalent of 1987’s portfolio insurance?
And does it end badly?
Yes, it probably does!
“I have learned through four decades of experience that once most market participants are conditioned to one way of action, the other way quickly may surprise them as rising markets brings rising expectations, and vice versa.
Those expectations can be argued to be at their highest level at any time in this bull market that started in the first week of March 2009.
Optimism in and of itself is not…

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<p>U.S. stocks attempted gains Monday as traders anticipated an interest rate hike on Wednesday.</p>

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