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News & Updates

January 12, 2018 Could Britain Have a Second Referendum on ‘Brexit’?

Source: NY Times

LONDON — Nigel Farage, the right-wing politician who was one of the drivers of Britain’s push to leave the European Union, spoke on Thursday in favor of holding a second referendum on the country’s membership in the bloc, an idea...

January 11, 2018 New York City Sues Five Oil Companies, Including Shell, ExxonMobil, Over Climate Change Impact

Source: NASDAQ

New York City has filed a lawsuit against Royal Dutch Shell ( RDS.A ), BP ( BP ), Chevron ( CVX ), ConocoPhillips ( COP ) and ExxonMobil ( XOM ) over their impact on global warming. The city also said it plans to divest its funds...

January 11, 2018 Berkshire Hathaway Names Abel And Jain As Vice Chairmen As Buffett Succession Plans Sharpen

Source: Forbes

Warren Buffett's plans to eventually pass the reins of Berkshire Hathaway BRK.B +0% to a successor took has taken a major new step. On Tuesday, Buffett laid out why Greg Abel, CEO of Berkshire Hathaway, and Ajit Jain, head of its...

January 11, 2018 It takes two to tango over Brexit, Hammond tells EU

Source: BBC

The EU's "relative silence" about the kind of post-Brexit relations it wants with the UK must end, Philip Hammond is to tell German business leaders.

January 11, 2018 The Unfinished Business of CEO Pay Reform in the UK

Source: Inequality.com

Are today’s bosses so much cleverer than their predecessors? Are they doing a much better job? Has the job of CEO got so much harder? Of course not. Top pay is a broken, rigged system. And even the lucky winners in this game...

January 11, 2018 Ford, Bosch named in diesel emissions cheating lawsuit

Source: CNET

n another instance of, "How is this still happening?" Ford is being accused of conspiring with Bosch to make cheat-y diesels for the US market.

January 11, 2018 Does Single-Payer Stand a Chance?

Source: Harvard Politics

Five years ago, a single-payer or ‘Medicare for all’ healthcare model in the United States was considered a pipe dream by all but the most progressive voters. Today, half of all Americans, almost two-thirds of Democrats, 15 U.S....

January 11, 2018 For Richer or Poorer: 4 Economists Ponder What 2018 Has in Store

Source: Good Men Project

We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.

January 11, 2018 Finding relief from the rising tide of income inequality

Source: The Hill

The news cycle at the end of last week highlighted the persistent “rising tide” of inequality cast over the U.S. economy. The Financial Times posted charts from a Deutsche Bank report documenting the growth of income and wealth...

January 11, 2018 Rising Treasury Yields Already Posing Added Risks to Bull Market in Stocks?

Source: 247 Wall St.

There is a point that the yield on Treasury bonds will compete with stocks. That’s still a ways higher, but some serious consideration needs to be given to what is happening. It’s time to consider where Treasury yields are...

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