The Financial Times, in a new story, tells us that Trump is reviving a tax reform element he pursued unsuccessfully in 2017, that of closing the so-called carried interest loophole.…
The gleeful thuggery that ICE deploys in its mass deportation efforts is degrading, not just to the evacuees and Americans generally. And as we’ll soon see, ICE has been playing…
Doctor investigated after smuggling his pet cat into hospital for CAT scan Independent New Indo-European genetic evidence Language Log Climate The world has probably passed “peak air pollution” Our World…
Big things are happening in US-Venezuela relations. But can they last? At the beginning of this week, when most people’s attention was, quite understandably, fixated on Trump’s tariff tantrums, Trump…
It’s amusing to see a US influence operator, RFL/RL, trying to preserve an image of accuracy while carrying official water. Here, the case in point is Trump’s promotion of the…
Yves here. Many of you are Jamie Galbraith fans, and INET has just published a wide-ranging interview with him. Aside from discussing Galbraith’s latest book, which focuses on how flawed…
By Lambert Strether. Readers, my head cold continues, as does my stuffed-up stupidity and whinging. Ugh. –lambert Bird Song of the Day Brown Thrasher, Davidson College–Main Campus, Mecklenburg, North Carolina,…
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in…
Yves here. Hubert Horan below explains how the narrative/propaganda-driven strategy of Uber, as opposed to one based on creating fundamental economic value, was essentially the same as the one pursued…
Yves here. This post gives a clean, elegant explanation as to why AI looks almost destined to be deployed to more and more important decisions in financial institutions, particularly on…