Uber and Lyft shares slump on US ‘gig’ economy plan
Tens of millions of people work in the global gig economy across services like food delivery and transport.
Links 10/13/2022 | naked capitalism
Lambert and I, and many readers, agree that Ukraine has prompted the worst informational environment ever. We hope readers will collaborate in mitigating the fog of war — both real…
We Join Mark Sleboda on the Latest Gonzalo Lira Roundtable at 2:00 AM EDT | naked capitalism
I hope you’ll be able to take the time to watch Gonzalo Lira hosting a discussion with Mark Sleboba, an international affairs and political security analyst and faculty member at…
‘Checkout Charity’ Can Increase a Shopper’s Anxiety, Especially When Asks Are Automated | naked capitalism
Yves here. I must confess to being glad that the Conversation addressed a pet peeve, the way it’s become too common for checkout systems, particularly in grocery and drug stores,…
Labor Hoarding Could be Good News for the Economy
Employers have been burned by a labor shortage. Will that make them act differently if the economy slows down?
What if Medicine Were Taught Like a Science, Part 2: The Diet-Heart Hypothesis and Cholesterol | naked capitalism
Yves here. To add some anecdata to KLG’s discussion about how statins became the magic bullet for lowering cholesterol, seen as a key way to reduce heart disease. First, for…
Bank of England Bought Only Small Amounts of Bonds Even Today, Warns Pension Funds They Have “Only Three Days Left” to Unwind Derivatives with BOE Support | naked capitalism
Yves here. Wolf does the very important service of showing that (so far) the Bank of England intervention in the gilts market is much smaller than the press reports would…
Whose Cat Caught the German Tongue? No Blame for Russia After German Train Sabotage on Sunday Morning, No Blame for Nord Stream Sabotage, Yet | naked capitalism
Yves here. Some apparent train sabotage…yet the German press seems remarkably uncurious. By John Helmer, the longest continuously serving foreign correspondent in Russia, and the only western journalist to direct…
‘Serious Stuff’: JPMorgan Chief Jamie Dimon Warns Inflation, QE, Could Bring Down Economy
Jamie Dimon, CEO of JPMorgan Chase, warned that the U.S. economy is headed toward serious trouble in the coming months. The Wall Street titan made his comments at the JPM…
Global economy most vulnerable since COVID crisis, with housing market at potential ‘tipping point,’ IMF warns
Economies across the world face a constellation of risks that put the global financial system in a riskier position than at any point since the COVID-19 crisis of 2020, according…