Economist – For central banks in the rich world, two is a magic number. If prices rise at 2% a year, most shoppers can more or less ignore their slow ascent. And a touch of inflation is hugely helpful: it gives bosses a way to nudge unproductive workers—a pay...
Business Insider – Going long the US dollar is the most crowded trade in the world. And over the last several months, this has been among the best trades in the world. However, in a note to clients on Friday, Gluskin Sheff’s David Rosenberg asks if maybe...
Business Insider – Venezuela has reached a point where dissent of any kind will no longer be tolerated, and over the past week reports of masked men abducting opposition political leaders have started to leak out of the country. This is no small thing. Until...
Newser – Many divers search long and hard for sunken treasure, but an Israeli diving club out for a recent dive in their local harbor struck literal gold by chance: 2,000 priceless gold coins that had been sitting on the seabed for about 1,000 years, the largest...
Realty Times – A couple of weeks ago real estate columnist Kenneth Harney reignited a heated real estate conversation about the use and value of “Zestimates” — the automated property value estimates that appear alongside otherwise objective...
Newser – The future, as one ex-Google employee sees it, could involve cars that not only drive themselves but own themselves, too. The idea, Mike Hearn tells the BBC, is to create “the most moral, socially minded capitalist possible.” The cars...