Bank Regulations: An Existential Threat?
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
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"War Is A Racket" - Lockheed Martin Sees Jump In Missile-Defense Inquiries
Lockheed Martin CEO Marillyn Hewson should think about sending Kim Jong Un a gift basket.
Nasdaq Leads Stocks Lower As FANGs Tumble To 3-Week Lows
Well that escalated quickly...
NASDAQ is down over 1% since Trump's "Fire & Fury" comments...
FANG Stocks have nearly erased all of their post-NFLX-earnings gains...
As the entire crew all falter (led today by NFLX after Disney's bombshell).
10 Years Ago Today Money Markets Seized Up, The ECB Bailed Out BNP Paribas, And The Crisis Started
On this day 10 years ago, money markets started to seize up, requiring heavily-coordinated central bank action that launched an extraordinary period of central bank activity that is still in full swing today.
Labor Costs Slump In Q2, Revisions Send 2016 Productvity To Biggest Drop In 34 Years
US non-farm productivity rose 0.9% QoQ in Q2, slightly better than the 0.7% growth expected and a notable bounce off the 'zero' in Q1.This rebound was largely due to disappointment in the growth of unit labor costs (which rose just 0.6% in Q2), but saw an outrageous upward revision in Q1 (from +2.2% to +5.4% QoQ).