Last week, two things happened that will have long-lasting impact on American society and the global economy. First, the yield on the 10-year Treasury fell … New tech to draw moneyRead more
Economics
U.S. Agrees to Give Israel $38 Billion in Military Aid over 10 Years
The United States and Israel have agreed upon a new military aid package of $38 billion over 10 years. It is the largest military funding … U.S. Agrees to Give Israel $38 Billion in Military Aid over 10 YearsRead more
Lifesaving New AIDS Drugs Remain Costly; Older Versions Get Cheaper
The international medical humanitarian organisation Médecins Sans Frontières (MSF) has found that prices of older HIV drugs continue to decline, but newer drugs largely remain … Lifesaving New AIDS Drugs Remain Costly; Older Versions Get CheaperRead more
It Takes Jamie Dimon Three Hours to Earn What Some of His Employees Do In One Year
Jamie Dimon, CEO of JPMorgan Chase, announced in a New York Times op-ed column on Tuesday that the bank would soon raise wages for its … It Takes Jamie Dimon Three Hours to Earn What Some of His Employees Do In One YearRead more
California, sixth largest economy in the world, has highest poverty rate in US
Earlier this month, the Center for Continuing Study of the California Economy (CCSCE) released a report titled “California Jumps to the World’s 6th Largest Economy; … California, sixth largest economy in the world, has highest poverty rate in USRead more
Indians Staged One of the Largest Strikes in History, But No One on U.S. Cable News Covered It
Ten Indian trade unions staged one of the largest strikes in human history on Friday, with tens of millions of public sector workers participating in … Indians Staged One of the Largest Strikes in History, But No One on U.S. Cable News Covered ItRead more
Letting Tarzan Swing Through History
At almost 72, I recently went to The Legend of Tarzan, the IMAX version, with a screen so big I almost stepped inside it and … Letting Tarzan Swing Through HistoryRead more
Social inequality escalates in Denmark amid bonanza for banks and corporations
“Income inequality is on the rise. The rich control more of the country’s wealth …The ranks of the poor are growing. Sounds like the United … Social inequality escalates in Denmark amid bonanza for banks and corporationsRead more
Celebrating common sense?
Last week, there was a bit of good news on the trade front: on July 8, tobacco giant Philip Morris lost its ridiculous case against … Celebrating common sense?Read more
