ADP March 2023:
A “Now Hiring” sign is displayed on a shopfront on August 5, 2022 in New York City. John Smith | View Press | Corbis News | Getty Images Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown or recession, payroll processing firm ADP reported Wednesday. […]
You Can’t Say That; I Can
Yes I Can. In an episode of Gutfeld! last month, a black guest made a controversial statement about a policy issue involving blacks and whites—I can’t remember what—and his statement was one that many conservatives might want to make. Then he looked at the white host, Greg Gutfeld, grinned, and said, “You can’t say that; […]
Stocks have shrugged off the banking turmoil. Haven’t they?
Bank failures are usually bad for business. A sickly banking system will lend less and at higher interest rates to companies in need of capital. A credit crunch will crimp economic growth and therefore profits. On occasion, a bad bank can blow up the financial system, causing a cascade of pain. Listen to this story.Enjoy […]
Chinese officials promise foreign investors greater access
Foreign investors have been flooding into China over the past two weeks. For all but a few, it is their first trip in three years, since the country walled itself off from the outside world in a bid to exclude covid-19. Those who did enter during the height of China’s zero-covid mania spent weeks in […]
The Trump Indictment is So Bad it Shows The Lack of any Dignity Left in NY Courts
This Indictment is an ABUSE OF POWER and it is totally in violation of the DUE PROCESS OF LAW where a citizen MUST be provided clear evidence of such a charge – fair notice. New York’s legal system VIOLATES the Constitution and is about time that the State of New York be brought to […]
The IMF faces a nightmarish identity crisis
During the famous three-week conference at Bretton Woods in 1944, one delegate contrasted the “extraordinarily beautiful” venue—the Mount Washington hotel—with the “glorious confusion” of negotiations. Yet the bedlam gave birth to the world’s most important international economic institution: the International Monetary Fund (imf), which was founded to ensure global macroeconomic stability. In the nearly 80 […]
The Swiss rage about the demise of Credit Suisse
When swiss regulators announced that ubs would rescue Credit Suisse from the brink of collapse on March 19th, the troubled bank’s shareholders seemed lucky to avoid a total loss on their investment. Yet if any of the 1,700 who entered Zurich’s Hallenstadion on April 4th for the firm’s final annual general meeting were relieved, they […]
Using Opportunity Cost – Econlib
One of the great joys of economics is realizing how applicable it is to the world. The lessons of economics don’t only apply to situations where money changes hands. All kinds of human decision-making can be understood through the ideas of economics. In this way, understanding economics can also help us improve our own decision-making […]
Job openings tumbled below 10 million
A call for employment sign is displayed on a Dairy Queen on March 10, 2023 in Austin, Texas. Brandon Bell | Getty Images Job openings fell below 10 million in February for the first time in nearly two years, in a sign that the Federal Reserve’s efforts to slow the labor market may be having […]
