Finance

I find these results not entirely surprising: We examine whether the ERC selected researchers with a track record of conducting risky research. We proxy high-risk by a measure of novelty…

Authored by Paul Sperry via The Epoch Times (emphasis ours),The Select Committee to Investigate Jan. 6 has adjourned for a well-deserved summer break. Misleading the public is exhausting work.Members of the U.S.…

A group of American defense experts operating out of a 5th floor suite in Washington DC have been mapping out a hypothetical war between the United States and China over…

Authored by Louise Chambers via The Epoch Times,After receiving a cancer diagnosis, a couple from a city in Southern California gained a new perspective on life and began to question…

By Ye Xie, Bloomberg markets live commentator and reporterAn unusual discrepancy has showed up in two sets of trade data in China. Depending on which official sources you use, China’s trade…

Remember way back in April 2013 when Elon Musk vowed at the Tesla annual shareholders meeting that "just as my money was the first in, it will be the last…

Tens of thousands of users were affected by a Google search outage that struck on Monday this week. At about 9PM Eastern Time, reports started hitting DownDetector that the site had…

As Bloomberg's Sebastian Boyd writes, it’s hard to overstate the importance of Wednesday’s US inflation report to a market that’s split between two different views of the economy, and the…

Authored by Scott Shepard via RealClearMarkets.com,The chickens of wokeness are coming home to roost on the heads of the business leaders who have done so much to unleash this plague…

It was just another boring old day on an Australian Sheep Farm...That is, until three "large chunks of space debris" that are being attributed to SpaceX, crashed landed from the…

Authored by Charlotte Cuthbertson via The Epoch Times (emphasis ours),Four Guatemalan nationals have been charged with conspiring with others to smuggle “large numbers” of illegal aliens into the United States,…

by Ven Ram, cross-aset strategist for Bloomberg's Markets LiveThe inversion in a key segment of the US yield curve may deepen to levels not seen since the 1980s as competing…

By BlueApplesIf there were any question as to whether or not the FBI raid on Donald Trump’s Mar-A-Lago residence was rife with corruption, details from the search warrant authorizing it…

European Union efforts to salvage a rebooted Iran nuclear deal appear to have produced a "final text" which is described as tackling all remaining issues. The Vienna talks are now…

Authored by Steve Watson via Summit News,Following the news of the FBI raiding President Trump’s home, The Guardian suggested that REPUBLICANS are ‘weaponising’ the situation to make unfounded claims of a deep state…

Australia's Reserve Bank is launching a pilot program over the course of the next year in collaboration with the Bank for International Settlements (the central bank of central banks) to…

Authored by Frank Fang via The Epoch Times (emphasis ours),Senate Republicans lambasted their Democrat colleagues for passing a $740 billion health care and climate spending bill, warning the economic package…

Authored by Matt Taibbi via TK News,Secret service outside Mar-a-Lago Monday[The Justice Department] must immediately explain the reason for its raid and it must be more than a search for…

Authored by Matthew Vadum via The Epoch Times (emphasis ours),Sen. Lindsey Graham (R-S.C.) said Aug. 7 that states, not the federal government, should decide whether same-sex marriage should be legally…

The despicable nature of the leftist political response to illegal immigration cannot be understated.  They were perfectly fine with a full on invasion of the southern border as long as…

Authored by Steve Watson via Summit News,Former New York City Police Commissioner Bernard Kerik has warned that if the FBI’s raid on President Trump’s home doesn’t stop him running in 2024,…

Cash-strapped Cuba was forced to take its largest thermoelectric power plant offline due to a multi-day blaze at a fuel depot in the northern part of the country. Bloomberg reported the Ministry…

The world first came to know Serena Williams as a 17-year-old with beaded braids, overwhelming power and precocious intelligence and poise when she stunned her sport by winning the first…

Most economists maintain that the labor market in the United States is ‘tight’ because unemployment rates are low. They infer from this that there is potential for wage-push inflation. However,…

by Calculated Risk on 8/09/2022 03:14:00 PM Back in early 2009, I wrote a couple of posts arguing there would be an increase in auto sales - Vehicle Sales (Jan…

By Lambert Strether of Corrente Bird Song of the Day Polynesian Triller, Tongatapu, Tonga. * * * Politics “But what is government itself, but the greatest of all reflections on…

Two weeks ago, I wrote a newsletter that I foolishly considered somewhat anodyne, not likely to get much reaction. It seemed probable that the initial estimate for G.D.P. growth in…

Authored by Jack Phillips via The Epoch Times (emphasis ours),Republicans say a Democrat-backed bill worth $740 billion includes funding to hire 87,000 new Internal Revenue Service (IRS) agents, which they…

The number of houses sitting on the market grew at a blistering pace last month, with the number of active listings jumping 31% vs. the same period last year -…

by Calculated Risk on 8/09/2022 11:32:00 AM From Dodge Data Analytics: Dodge Momentum Index Moves Higher In July The Dodge Momentum Index (DMI) increased 2.9% in July to 178.7 from…

Authored by Alex Kimani via OilPrice.com,It looks like the offshore oil and gas drilling market is in the early innings of an upcycle in investment and activity.Both Schlumberger and Transocean…

The last few weeks have seen a dramatic rotation from an "inflation will overshoot forcing central banks to tighten financial conditions aggressively and imminently" narrative to a "fears of growth…

By Marianne Wilson of Chain Store Age.comGiven all the challenges, July was a fairly good month for the nation’s shopping centers.Visits to malls (includes indoor malls, open-air lifestyle centers and…

Fox News host Mark Levin went nuclear on Monday night in response to the FBI raid on Donald Trump's Mar-a-Lago residence on Monday, reportedly in connection with documents that the…

Update(10:16ET): Within an hour of the first videos hitting social media and widely circulating, Russia's defense ministry has said the large explosion at its Crimean Saky Airbase was not the…

By Michael Every of RabobankI am a genius lying through his teethThere is a Bloomberg story today that I absolutely have to start with: ‘One of the Decade’s Hottest Bond…

Yves here. Because the dint of wrong-headed official and press messaging is so loud, it seems we have to keep debunking it. The current inflation is not caused by anything…

Authored by Tom Luongo via Gold, Goats, 'n Guns blog,“I was into pain reduction and mind expansion, but what I’ve ended up with is pain expansion and mind reduction. Everything…

Taiwan announced its own live fire drills Tuesday, a day after China's military announced it is extending ongoing exercises surrounding the democratic-run island past the scheduled end date of Sunday.…

Authored by Mike Shedlock via MishTalk.com,...more inflation expectations nonsense from the New York Fed and economists yet againNew York Fed Consumer Expectations SurveyPlease consider the New York Fed's Consumer Expectations Survey.Median…

Authored by Mike Shedlock via MishTalk.com,...more inflation expectations nonsense from the New York Fed and economists yet againNew York Fed Consumer Expectations SurveyPlease consider the New York Fed's Consumer Expectations Survey.Median…

The recent plunge in the price of oil, which has dropped by more than 25% from its post-Ukraine war highs, may be delighting the Biden administration (since presidential approval ratings…

The recent plunge in the price of oil, which has dropped by more than 25% from its post-Ukraine war highs, may be delighting the Biden administration (since presidential approval ratings…

by Calculated Risk on 8/09/2022 08:22:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in JulyA brief excerpt: This is the first look…

Authored by Lance Roberts via RealInvestmentAdvice.com,Pulling forward growth over the last decade remains the Federal Reserve’s primary tool for keeping financial markets stable while economic growth rates and inflation remained…

Authored by Lance Roberts via RealInvestmentAdvice.com,Pulling forward growth over the last decade remains the Federal Reserve’s primary tool for keeping financial markets stable while economic growth rates and inflation remained…

After a Monday which started off with a powerful rally only to fizzle and close in the red, overnight market action has seen a continuation of the muted drift lower,…

After a Monday which started off with a powerful rally only to fizzle and close in the red, overnight market action has seen a continuation of the muted drift lower,…

I was chatting with my friend Pete Dominick last week, and he asked about consumer sentiment. I tossed out a few reasons why I suspect it has gotten so negative:…

While the world is creeping closer toward a DefCon 1 exchange with every passing day, should Russia launch tomorrow there will be no way of knowing just how many warheads…