Authored by Bryce Coward via Knowledge Leaders Capital blog, New projections of the labor force growth rate by the US Bureau of Labor Statistics show the US labor force growth accelerating in the 2020s for the first time since the 1970s. How could this be? There are two reasons. More people are working past 65 […]

In Joe Biden’s America, a U.S. Army Major General took to Twitter to complain about the Army’s policy on French manicures. At the same time, reports surface the Chinese are busy launching a hypersonic weapon that flies around the world.  Major General Jo Clyborne’s first-world problems are no place for Twitter as the U.S. continues to […]

Authored by Andrea Germanos via Common Dreams,  The Pentagon said Friday that the U.S. would issue “condolence payments” to relatives of 10 Afghan civilians, including seven children, killed in an August drone strike—an attack military officials had initially defended as a “righteous strike” targeting an explosive-laden vehicle destined for militants and later admitted to being a “horrible tragedy” that claimed […]

Former US President Bill Clinton was released Sunday morning from a Southern California hospital where he was treated for a non-COVID infection, according to AP News.  Clinton was discharged from the University of California Irvine Medical Center around 0800 local time after spending five days in the hospital for a urinary tract infection that spread […]

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. I’m currently holed up in our place in Brooklyn and missing my former pre-Covid peripatetic life very much. Yet I’m far from unique in this regard. A piece in Friday’s Guardian made […]

Authored by Christopher Burroughs via The Epoch Times (emphasis ours), A judge temporarily blocked an order on Wednesday that required California prison workers to be vaccinated against COVID-19. An armed California Department of Corrections and Rehabilitation (CDCR) officer escorts a condemned inmate at San Quentin State Prison’s death row in San Quentin, Calif., on Aug. […]

The old people aren’t going. We live in an era of data transparency, just check the availability of seats for boomer shows on Ticketmaster, they’re plentiful. They may be expensive, but in the old days the gigs went clean, now they don’t. It’s unclear what is happening in Covid world. Infections are going down in […]

The U.S. Coast Guard has boarded another vessel (the first was on Oct. 7) of interest that potentially dragged its anchor across an offshore pipeline in Southern California that eventually led to an oil spill off Huntington Beach on Oct. 2.  Coast Guard and National Transportation Safety Board investigators boarded container ship MSC DANIT, Saturday, in the […]

Authored by Lance Roberts via RealInvestmentAdvice.com, Market Rallies As Earnings Season Kicks Off Two weeks ago, we laid out the case for why we started increasing our equity exposure in portfolios. “It is worth noting there are two primary support levels for the S&P. The previous July lows (red dashed line) and the 200-dma. Any meaningful decline occurring […]

Haitian security officials told NYT that gang members had kidnaped 17 American missionaries in Port-au-Prince on Saturday. Details are scant at the moment, but local officials should release more information on Sunday.  The missionaries are part of an Ohio-based Christian aid group called Christian Aid Ministries. They confirmed to WaPo their missionaries were abducted in Haiti.  […]

Authored by MN Gordon via EconomicPrism.com, Rising consumer price inflation is not going away.  This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year. Powell’s cohort, Atlanta Fed President Raphael Bostic, recently admitted inflation is not transitory.  This admission comes with assurances the Fed will properly manage it.  […]

For the first time, the all-electric Porsche Taycan outsold the high-performance 911 sports car, underscoring the German automaker’s shift towards battery electric vehicles. Porsche’s sales figures on Friday show Taycan, a competitor to Tesla’s Model S, surpassed deliveries of the 911 sports car for the first three quarters of the year by several hundred. The results […]

Yves here. Jerri thanks readers for their kind messages of concern. She is on the mend and as you can see is back to posting! New Zealand to cast out its official wizard Bangkok Post (furzy). Hate to say but he didn’t prevent or foresee that earthquake. Fish and Overfishing Our World in Data (resilc) […]

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The City of London Is Hiding the World’s Stolen Money If there is one country at the system’s heart, it is Britain. Taken together with its partly controlled territories overseas, Britain is instrumental in the worldwide concealment of cash and assets. It is, […]

By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street. New business formations, based on applications for an Employer Identification Number (EIN) with the IRS, exploded in June and July last year, then zigzagged up and down, and then this year exploded again and remained far above the historical range. In September, 431,381 […]

Climate mitigation scenarios envision considerable growth of wind and solar power, but scholars disagree on how this growth compares with historical trends. Here we fit growth models to wind and solar trajectories to identify countries in which growth has already stabilized after the initial acceleration. National growth has followed S-curves to reach maximum annual rates […]

That is the topic of my latest Bloomberg column, here is one excerpt: American elites like to argue for a carbon tax and other means of raising the price of carbon emissions, and I fall into that camp myself. Yet higher energy prices are extremely unpopular with many voters. A recent study found that most Americans would […]

Op-Ed via The Machine Gun Nest (TMGN).  Gun Control activist David Hogg can’t seem to catch a break. His viewpoint that younger people are more anti-gun appears to be continuously rebuked by new reports from this post-COVID world.  Most recently, the NRA reported that the USA Clay Target League (USACTL) had its biggest year yet […]

Although silver is widely known as a precious metal, its industrial uses accounted for more than 50% of silver demand in 2020. From jewelry to electronics, various industries utilize silver’s high conductivity, aesthetic appeal, and other properties in different ways. With the adoption of electric vehicles, 5G networks, and solar panels, the world is embracing more technologies […]

Authored by Dean Cain via RealClearPolitics.com, DC Comics recently revealed that in an upcoming issue titled “Superman: Son of Kal-El,” the son of Lois Lane and Clark Kent would be bisexual, and that he’s going to fight “real-world problems” such as climate change, that he’ll protest the deportation of refugees, and date a “hacktivist.” What exactly […]

In light of the travel restrictions during the coronavirus pandemic, city trips to domestic destinations have become more and more attractive for short vacations; but, as Statista’s Florian Zandt notes, now that regulations are starting to get lifted again and tourists are bound to explore cities beyond their own regional and national confines. Time Out Magazine […]

In assessing market views on future lumber prices, reader JohnH writes: Futures markets aren’t foreseeing a decline in lumber prices any time soon.https://www.barchart.com/futures/quotes/LS*0/futures-prices Here’s a graph of lumber prices over time, and futures as of 10/15: Figure 1: Front month lumber futures, monthly average of daily data (blue), and lumber futures as of Oct. 15, […]

Authored by Zachary Stieber via The Epoch Times, The superintendent of a Virginia school district on Friday appeared to admit the district violated state law in failing to properly report alleged sexual assaults, as a state official confirmed the matter is under review. Loudoun County Superintendent Scott Ziegler is seen during a school board meeting in Ashburg, […]

Just like American political leaders and financial giants, Hollywood has also misjudged China’s intentions. After Dalian Wanda’s takeover of the American production company Legendary Entertainment, some warned that Beijing was trying to subvert American audiences’ opinion of China by injecting subtle Chinese propaganda into American films. But it turns out, Beijing and President Xi had […]

Authored by Matthew Vadum via The Epoch Times (emphasis ours), The executive director of California’s largest labor union has resigned from her post after the state charged her and her husband with embezzlement, tax fraud, perjury, and failure to pay unemployment insurance taxes. Then-Service Employees International Union (SEIU) California Executive Director Alma Hernandez and her […]

One of the biggest ironies to start this decade is the transition from fossil fuel generation to green energy has created a global energy crisis that is forcing the U.S., among many other countries, to restart coal-fired power plants monumentally ahead of the winter season in the Northern Hemisphere to prevent electricity shortages. The virtue-signaling […]

Authored by Nathan Worcester via The Epoch Times (emphasis ours), Speaking at a wind industry conference held by the American Clean Power Association, Secretary of the Interior Deb Haaland announced plans by the Bureau of Ocean Energy Management (BOEM) to arrange seven offshore lease sales along the U.S.’ coastlines by 2025, in line with the […]

After a stellar start to the year, which saw its price soar to an all time high above $4,100, trouncing virtually all of its crypto peers, Ethereum has stagnated in recent weeks, with its place in the spotlight taken by bitcoin which whose impressive outperformance has been the result of now confirmed speculation that a […]

New Stablecoin Charter Could Hinge on National Bank Act Rewrite A special-purpose banking charter for stablecoin issuers – one of the potential options for federal regulators to rein in the risks posed by the digital asset – may require a revamp of the National Bank Act, the statute that defines the “business of banking,” analysts […]

This week, we speak with Soraya Darabi, who is co-founder and general partner at TMV, an early-stage venture firm that has funded a broad range of startups. Darabi is also the founder of Transact Global and host of the podcast “Business Schooled.” She previously served as manager of digital partnerships and social media at The […]

Authored by Mark Thornton via The Mises Institute, The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this be viewed by an economist? There is […]

We’re not sure we can think of a better analogue for the lunacy behind the climate change hysteria that what is reportedly going on in Glasgow.  As many people know, the Conference of the Parties (COP) Climate Change Conference, hosted by the UK in partnership with Italy, is taking place in Glasgow from October 31 […]

Authored by Jonathan Turley, During the Trump Administration, we discussed a series of Hatch Act violations by officials and the response of the White House Chief of Staff that “nobody really cares.” It is certainly true that the Hatch Act represents little more than a speed bump in governmental ethics as was evident this week […]

Late this week the US and Greece signed a defense pact aimed squarely at repelling Turkish expansion in the Mediterranean, after a year of soaring tensions over Turkey’s oil and gas exploration inside Greek and Cypriot waters. The deal was signed in Washington by Secretary of State Antony Blinken and Greek Foreign Minister Nikos Dendias, […]

Authored by Mimi Nguyen Ly via The Epoch Times, An assistant to the U.S. House of Representatives Sergeant at Arms was arrested and charged with possession of child pornography. Police in Fairfax County, Virginia, announced Thursday that Stefan Bieret, of Burke, faces 10 felony charges related to the possession of child porn. The 41-year-old was arrested on […]

Putin earlier this week batted down as “utter nonsense” widespread accusations among Western media pundits that Europe’s energy crisis is due to the Kremlin using gas as a ‘geopolitical weapon’.  It now appears the European Commission is quietly agreeing with him. This as Nord Stream 2, which Washington has long battled to stop, is awaiting final approval […]

Authored by Matthew Piepenberg via GoldSwitzerland.com, Desperation and distraction are masquerading as economic policy. Below we see how and why…and at what cost… COVID: The Great Economic and Political Hall-Pass If every time I stole a cookie from the jar in front of my mom (age 8), or drove dad’s car (sometimes into a tree) […]

The “traffic light” framework agreement struck Friday between the Social Democrats, Greens and the Free Democratic Party – the three parties that will form Germany’s first post-Angela Merkel government – has come together more quickly than many Germans probably expected. After just a week of talks, the three parties unveiled the 12-page framework during a […]

Authored by Steve Watson via Summit News, The German newspaper BILD reports that the state of Hesse has passed a motion that will allow food stores to decide whether they want to BAN unvaccinated people from entering. JUST IN – Hesse becomes the first federal state in Germany to allow supermarkets to bar unvaccinated persons from entry […]

Update (Saturday 0830 ET): The fatal stabbing of Conservative MP Sir David Amess has formally been declared an “act of terrorism” by the Metropolitan Police (Met).  “The fatal stabbing in Leigh-on-Sea has tonight been declared as a terrorist incident, with the investigation being led by Counter Terrorism Policing,” Met wrote in a statement released late Friday. “The early […]

More than a century after the artists of the Vienna Secession declared “to every age its art; to art its freedom”, the Austrian capital has found a new site for artistic expression free from censorship: the adults-only platform OnlyFans. Vienna’s tourism board has started an account on OnlyFans – the only social network that permits depictions of […]

by Calculated Risk on 10/16/2021 08:11:00 AM The key economic reports this week are September Housing Starts and Existing Home sales. For manufacturing, September Industrial Production, and the October Philly Fed survey will be released this week. —– Monday, October 18th —– 9:15 AM: The Fed will release Industrial Production and Capacity Utilization for September. […]

Update on Jeri-Lynn: Jeri-Lynn is still in this world. A reader offered to check the New York apartment where Jeri-Lynn works. The reader spoke to her housekeeper, who said everything was fine, and Jeri-Lynn and her husband were at their beach house. We then arranged for a wellness check there. The police report that her […]

Yves here. Interestingly, this article presupposes that the indignities of American jobs are so well known that they don’t need to be specified. Nevertheless, we’ll mention a few. Using technology to micromanage employees and push them to meet unrealistic timetables, like driving routes that necessitate the driver speed or run light to meet his schedule. […]

Yves here. I must confess to a fondness for Dracula, but not because I have a thing for pale dark haired men in evening dress wearing too much pomade. My brother wrote a screenplay, Vampire Zero, on the supposed original vampire, who precedes Dracula by a couple of hundred years. Sadly my brother was unable […]

Authored by Jim Bovard via The Libertarian Institute, This week (Thursday) marked the 10th anniversary of the drone killing of Abdulrahman Al-Aulaqi, a 16 year old born in Colorado and killed in Yemen. He perished as part of Obama’s crackdown on terrorist suspects around the world. His father, who was also an American citizen, was killed two […]

Hunger is still one the biggest – and most solvable – problems in the world. Every day, as Visual Capitalist’s Bruno Venditti notes, more than 700 million people (8.8% of the world’s population) go to bed on an empty stomach, according to the UN World Food Programme (WFP). The WFP’s HungerMap LIVE displayed here tracks core indicators of acute […]

Authored by Caitlin Johnstone via Medium.com, We live in a far less free society than most of us think. It looks like we’re free. We don’t get thrown in prison for criticizing our government officials. We can vote for whoever we want. We can log onto the internet and look up information on any subject we’re interested […]

One week ago we discussed why the “worst case” scenario for China’s property crisis is gradually emerging; to this we can now add that China’s worst case energy crisis scenario is also about to be unleashed as cold weather swept into much of the country and power plants scrambled to stock up on coal, sending […]

Authored by Steve Watson via Summit News, Former Director of National Intelligence John Ratcliffe warned Sunday that the Biden administration is putting national security at risk by buying Chinese drone technology for federal law enforcement use. In an appearance on Fox News Ratcliffe urged that Chinese companies supplying the technology are likely relaying back information […]