THE one-percenters are now gobbling up more of the pie in America—that much is well known. This trend, though disconcerting, is not unique to the modern era. The post Wealth inequality has been increasing for millennia appeared first on Adam Smith Blog.
Possibly the perfect Christmas present for the fun-loving person in your life… Top of the list is the magnificent Soonish (UK) (US) by Kelly and Zach Weinersmith, a book I was happy to endorse. This is properly funny – as one might expect from the creator of Saturday Morning Breakfast Cereal – but it’s also bang up […]
AT THE start of this year some pundits lamented the decline of American leadership by bestowing the title of “leader of the free world” on Angela Merkel. Following the failure of coalition talks this week, it remains to be seen how much longer she will remain the leader of Germany. The post Germany’s coalition talks […]
The Dow Jones Industrial Average DJIA spent the day modestly higher kicking off a historically low volume holiday week with a gain Investors cheered a rally in tech and telecom stocks as well as stronger than expected economic data which helped ease lingering concerns about tax Continue reading →
What s Happening Heavy machinery maker Deere amp Co DE will report its fiscal fourth quarter results before the market opens on November 22 The consensus calls for earnings of 1 42 per share down from 0 90 during the same period last year The stock is up 30 7 on the year Continue reading […]
It was a negative session on Wall Street today with the Dow Jones Industrial Average DJIA falling in step with General Electric GE which slumped to its lowest point since late 2011 And while a positive earnings reaction for Home Depot HD helped pull the Dow Continue reading →
It was another down day for U S stocks with the 160 Dow Jones Industrial Average DJIA and S amp P 500 Index SPX closing lower to break eight week win streaks their longest in four years Today s downside came following a round of disappointing retail earnings and Continue reading →