Saturday , 20 July 2019

Author Archives: admin

Congress To Boost The Minimum Wage (And Teen Joblessness)

Authored by Richard Salsman via The American Institute for Economic Research, Economics 101 teaches us that whenever government policy mandates that a price be paid above the uncoerced, market-clearing (equilibrium) level, the result is a surplus. The labor market is no exception.  A mandatory minimum wage rate, to the extent it’s set above the market-clearing wage rate, causes unemployment. Studies show that ... Read More »

An Unprecedented Market Divergence: Robots Are All In As Humans Flee

Last week, we observed that for stocks, it was once again a return to the most important question of 2019, namely “Why Do Stocks Keep Going Up”, at a time when tumbling bond yields continue to scream a recession is imminent… … when outflows from equity funds have never been greater… … and when inflow to bond funds are the ... Read More »

Allies Resist US Call For Anti-Iran Naval Force, Fearing It Would Worsen Tensions

Authored by Jason Ditz via, As tensions have continued to rise between the US and Iran, American officials continue to try to court allies to join a naval force to safeguard key shipping lanes off the coast of Iran. So far, they don’t have any takers.  The Trump Administration has been keen to have other nations pay for the defense ... Read More »

Whyte vs Rivas live stream: how to watch tonight’s boxing online from anywhere

There’s loads on the line tonight at the O2 in London as Britain’s Dillian Whyte takes on Colombia’s Oscar Rivas. Both the WBC interim heavyweight title and a future crack at champion Deontay Wilder as mandatory challenger are the spoils for the victor in what looks set to be an explosive showdown. You can live stream the Whyte vs Rivas ... Read More »

Hold the first Moon rock ever collected with your smartphone

NASA is celebrating the 50th anniversary of the Apollo 11 Moon landing in a variety of ways today, but here’s one you can experience no matter where you are, provided you have a modern smartphone. NASA’s Astromaterials Research & Exploration Science (ARES) department has released a fully detailed model of the first ever sample of lunar soil and rock, bagged ... Read More »

Original Content podcast: We’re not on the same page about ‘Frankenstein’s Monster’s Monster, Frankenstein’

Just to get this out of the way: “Frankenstein’s Monster’s Monster, Frankenstein” is a great title. In fact, it’s probably the best thing about the new comedy special on Netflix . That’s not a complaint about the special itself, which stars David Harbour (a.k.a. Chief Hopper on “Stranger Things”), as both David Harbour Jr — an actor taking on the ... Read More »

Startups Weekly: The opportunities & challenges for mental health tech

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Zoom and Superhuman’s PR disasters. Before that, I noted the big uptick in VC spending in 2019. Remember, you can send me tips, ... Read More »

El Chapo Arrives At Supermax Prison After ‘Disappearing’ For Two Days

Joaquín “El Chapo” Guzmán, leader of the Sinaloa drug cartel, has arrived at the federal supermax prison in Florence, Colorado to serve out a sentence of life plus 30 years handed down on Wednesday. He was also ordered to pay $12.6 billion in restitution.  For two days, the 62-year-old Guzmán’s whereabouts remained unknown – even to his lawyers, after federal authorities removed him from ... Read More »

Hyperinflation Is Back: “Zimbabwe Burns While The Lights Are Out”

Submitted by Cathy Buckle, who writes in to describe the rapidly deteriorating economic situation in Zimbabwe, and the nation’s second encounter with hyperinflation in under two decades; to receive her letters from Zimbabwe by email contact [email protected] “Zimbabwe burns while the lights are out” Dear Family and Friends, A red light or high pitched alarm are the two most dreaded ... Read More »

Hundreds Of US Troops Begin Deployment To Saudi Arabia To Counter Iran

The deployment of hundreds of US troops to Saudi Arabia as part of a build-up to counter Iran in the region amid soaring tensions and a dangerously ratcheting “tanker war” has begun, The Wall Street Journal reported Friday night.  The Pentagon first revealed on Wednesday that 500 of the 1000 total troops announced by the White House last month to bolster US presence ... Read More »