Fresh Trump tariff threats against China now target $200 billion in goods
"Beijing vowing to retaliate 'forcefully' against President Donald Trump’s vow to slap duties on another $200 billion in Chinese imports."
Trump’s New Iran Sanctions Take Nike Shoes Off World Cup Team’s Feet
"The German company Adidas may provide shoes for players forced to switch last minute as recent EU law has sought to shield EU companies from American sanctions on Iran."
SEC Criticizes Corporate Insiders Cashing Out Via Share Buybacks
"Share-buyback announcements led to 'abnormal returns' in the share price over the next 30 days. Executives used this share price surge to cash out."
If The Fed Fears An Inverted Yield Curve, Why Is It Producing One?
"An inverted yield curve has been a great tool to predict U.S. recessions, with the yield spread between three-month bills and 10-year notes falling below zero before each of the past seven slowdowns. But it doesn’t usually happen immediately. That means a recession could come in late 2019, in 2020, or even later. That probably doesn’t come as a surprise to most investors after one of the longest economic expansions in history."
South African far-left party leader assures white people he won’t kill them – yet
"It’s truly astonishing that someone so dangerous and out of touch has been able to rise to power. And even more astonishing how quickly it’s happened."
A Deal With North Korea: Don’t Blow It This Time
"Unfortunately, a very strong faction in Washington doesn’t support any peace agreement and instead seeks to overthrow the DPRK government."
The Right Response to Trump’s Tough Trade Talk? Ignore It.
"Who really gets hurt by Mexican tariffs on American cold cuts? The answer: Mexicans. Who really gets hurt by Canadian tariffs on American steel? Canadians."
1,358 Children and Counting — Trump’s “Zero Tolerance” Border Policy
"The total reflects the emerging scale of a practice that will have lasting impacts on a generation of kids who happened to arrive in the U.S. at this particular moment."
California’s Solar Mandate Raises Housing And Energy Prices Without Reducing CO2
"The California Energy Commission (CEC) approved the regulation with little public debate or discussion, prompting criticism from one of the state’s top energy economists."
Oregon marijuana prices plummet due to massive oversupply
"In response, state regulators will temporarily stop processing new applications for marijuana licenses starting June 15."