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News
The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt cost
3+ week, 14+ hour ago (621+ words) With U.S. debt hitting $40 trillion, markets are turning more attention to that burden and whether policymakers will address the root causes or just the symptoms. The Treasury Department’s interventions in the bond and currency markets in recent weeks point to the…...
Buc-ee’s Buckeye backlash as beaver infringement lawsuit infuriates Mini Mart maniacs in Ohio
3+ week, 16+ hour ago (799+ words) A lip-licking alligator, a smiling moose and a hat-wearing bear are among the many cartoon animals to have found themselves in the crosshairs of Buc-ee’s, the popular Texas convenience store chain that has a penchant for protecting its buck-toothed beaver....
Buc-ee’s chain draws outcry in Ohio for launching fight over mini mart’s beaver logo
3+ week, 23+ hour ago (800+ words) A lip-licking alligator, a smiling moose and a hat-wearing bear are among the many cartoon animals to have found themselves in the crosshairs of Buc-ee’s, the popular Texas convenience store chain that has a penchant for protecting its buck-toothed beaver....
Four Years Ago, a Crypto Boss Went Missing. Now His Successor Has.
3+ week, 1+ day ago (1516+ words) The voice message was desperate. Left on the phone of a Polish woman in 2022, it was from her older brother, Sylwester Suszek, the founder of Eastern and Central Europe’s biggest cryptocurrency exchange. He had disappeared two weeks earlier from the…...
Trump’s new tariffs on Canada will hit everything from whisky to hockey sticks
3+ week, 1+ day ago (503+ words) Crown Royal whisky, goose down jackets, ice-hockey equipment and a long list of other Canadian goods could become much more expensive for American consumers. An array of imports are subject to new 50 percent tariffsSaturday after U.S.-Canada trade talks collapsed. Negotiators…...
An Ancient Sumerian Solution to Our $40 Trillion Deficit
3+ week, 1+ day ago (532+ words) The U.S. federal debt has hit $40 trillion. Add the debt owed by U.S. states, corporations and consumers and the figure rises to about $77 trillion in debt, set against an annual G.D.P. of about $32 trillion. The interest on all of it is compounding constantly....
Your favorite products hit by Trump’s new 50% tariffs on Canada
3+ week, 1+ day ago (531+ words) Shots of Fireball could soon get pricier. The Trump administration’s threatened 50% tariffs on some popular Canadian goods went into effect Saturday morning after trade talks with its northern ally fell apart the night before. President Donald Trump first announced the…...
Companies Shouldn’t Set Prices One Customer at a Time
3+ week, 1+ day ago (691+ words) The discounts, promotions and offers you receive from businesses from Starbucks to Kroger to Target to Home Depot are all too often targeted calculations about what to charge you, built from data including your location, browsing history and social media…...
Why writers are fighting Paramount’s takeover of Warner Bros.
3+ week, 1+ day ago (620+ words) In the film and television business, writers are on the front line. We are often the first hired and the first to experience the harms of studio consolidation, which then impacts the projects that get made and what ultimately reaches…...
$40 Trillion Debt? The Ancient Sumerians Wouldn’t Have Cared.
3+ week, 1+ day ago (532+ words) The U.S. federal debt has hit $40 trillion. Add the debt owed by U.S. states, corporations and consumers and the figure rises to about $77 trillion in debt, set against an annual G.D.P. of about $32 trillion. The interest on all of it is compounding constantly....