economy Raw Influencer Feed

 

Raw Feeds Notice: within our raw, real-time feeds, the Sociative distillation engine has eliminated ~99% of the noise you see in a typical Twitter feed, however these feeds have not yet had the final touch of human curation you see on our home page and topics. As a result, it's normal for great stories to be accompanied by a few stories that are somewhat off topic or roughly formatted. [ more ]

 
 

Stop With the Jew-Ranking Already!

favicon Bloomberg
3 mentions15 hours ago
The Jerusalem Post has just published its annual ranking of the world’s 50 most influential Jews, and I’m sorry but also somewhat relieved to report that I don’t appear on it this year. I’m sorry because one of my goals in life is to inhabit the fever dreams ...

CHINESE MANUFACTURING CONTRACTS

favicon businessinsider.com
2 mentions6 hours ago
Apple Avoids Paying $17 Million In Taxes Every Day Through A Ballsy But Genius Tax Avoidance Scheme 178 CommentsRand Paul Blasts His Colleagues, And Says It's Outrageous That Apple Is Being Harassed About Its Taxes 136 Comments

Societal Ills Spike in Crisis-Stricken Greece

favicon NYTimes.com
2 mentions10 hours ago
ATHENS — “Five euros only, just 5 euros,” whispered Maria, a young prostitute with sunken cheeks and bedraggled hair, as she pitched herself forward from the shadows of a graffiti-riddled alley in central Athens on a recent weeknight.As a chill wind swept paper and trash across a grimy ...

Josh Barro, the Loneliest Republican

favicon The Atlantic
7 mentions5 hours ago
What to make of the 28-year-old columnist's contempt for the GOP—and its would-be reformersA week had passed since the 2012 election when Josh Barro finally said the unsayable. The 28-year-old Bloomberg View columnist is—or, arguably, was—the most precocious of a coterie of conservative reformists whose numbers have steadily ...

The Front Pages Of Tomorrow's UK Newspapers Are Chilling

favicon businessinsider.com
3 mentions10 hours ago
Via @soph1114, how UK newspapers are covering the stunning beheading of a UK soldier via a crazed machete wielder.Please follow Business Insider on Twitter and Facebook. Follow Joe Weisenthal on Twitter. Ask Joe A Question »Tags:United Kingdom |Get Alerts for these topics »

MARKETS FALL ON FEARS OF 'THE TAPER': Here's What You Need To Know

favicon businessinsider.com
2 mentions12 hours ago
Please Note: Business Insider will never share your informationwith any other companies. You also have the ability to unsubscribe from these newsletters at any timesimply by following the unsubscribe link located at the bottom of each emailPlease follow Money Game on Twitter and Facebook. Follow Sam Ro on ...

Bernanke to Congress: Seriously, guys, what are you doing?

favicon washingtonpost.com
4 mentions17 hours ago
Ben Bernanke testifies before Congress today for the first time in three months, and the Federal Reserve chairman has a message for lawmakers: You’re the reason the economy isn’t taking off more.Of course, Bernanke is too polite to phrase things quite so bluntly. But to anyone versed in ...

Larry Kudlow Makes A Stunning Admission About Changing His Mind On Bernanke

favicon businessinsider.com
5 mentions2 days ago
CNBC host Larry Kudlow is a throwback to an '80s-style supply-side conservative, who has maintained that any interference in the free market is damaging, the dollar should be strong, and inflation is the primary evil against which the Fed should be on guard.In late November he wrote for ...

A Helpful Guide to Becoming Unbusy

favicon Becoming Minimalist
2 mentions13 hours ago
It was in this video from Jeff Shinabarger that I first heard the phrase, “‘Busy’ has become the new ‘Fine’.” As in, when you ask somebody how they were doing, they used to answer, “Fine.” But nowadays, everybody answers, “Busy.”But is the state of busy really improving our ...

ESPN Layoffs Are A Sign The Channel's Worst Nightmare Is Finally Coming True

favicon businessinsider.com
4 mentions13 hours ago
A. Messerschmidt/Getty ImagesESPN is reportedly planning to fire hundreds of people for the first time since 2009.The company is still in great shape. It's still the most valuable media property in the world. It's still crushing its competitors. And it's still printing money.But the rumored reason behind the ...

Ben Bernanke meets privately with Darrell Issa - Jon Prior

favicon POLITICO.com
2 mentions1 day ago
Federal Reserve Chairman Ben Bernanke met privately last week with House Oversight and Government Reform Committee Chairman Darrell Issa and other lawmakers to discuss the central bank’s efforts to stimulate the economy and how it could exit this strategy in the future, according to people who attended the ...

Richard Koo Has Some Bad Advice For The Bank Of Japan

favicon businessinsider.com
2 mentions23 hours ago
As such, Koo has not hopped on the Abenomics bandwagon, which places a heavy emphasis on the Bank of Japan engaging in stimulus.The BOJ's stimulus has so far caused the stock market to surge, the yen to fall, and even long-term Japanese bond yields have had some big ...

13 Jokes That Every Math Geek Will Find Hilarious

favicon businessinsider.com
4 mentions2 days ago
From the earliest Usenet threads to the techiest subreddits, geeky math jokes — some implicit swipes at less-pure disciplines, other puns or plays on words of different concepts — have been a major part of the modern history of math. What's more, these japes also have the effect ...

Volcker: Multiple Bank Regulators Is ‘Recipe for Getting Nothing Done’

favicon WSJ
2 mentions12 hours ago
Paul Volcker, the former chairman of the Federal Reserve, says the U.S. has too many agencies charged with the supervision and regulation of banks.“It’s a recipe for getting nothing done,” he said at a forum at George Washington University inaugurating a scholarship in his name for law students ...

Pope Francis Says All Who Do Good Are Redeemed - Atheists Included

favicon huffingtonpost.com
3 mentions6 hours ago
Pope Francis rocked some religious and atheist minds today when he declared that everyone was redeemed through Jesus, including atheists. During his homily at Wednesday Mass in Rome, Francis emphasized the importance of "doing good" as a principle that unites all humanity, and a "culture of encounter" to ...

Guest Contribution: Central Banking in Verse

favicon WSJ
2 mentions18 hours ago
Global central banking has become more complicated than ever. Jessica Einhorn, resident at The Rock Creek Group in Washington and former dean of Johns Hopkins University‘s Paul H. Nitze School of Advanced International Studies, finds the Shakespearean undertones in a poem breaking down the situation.A time of tears ...

Hey, Congress, Look What Happened Last Time You Got Duped Into Letting Companies 'Repatriate' Foreign Cash...

favicon businessinsider.com
2 mentions1 day ago
Within minutes, he had parried a few lame attacks from Senators Levin and McCain. And for the rest of the hearing, he had the rest of the sub-Committee eating out of his hands.As Cook explained, Apple does indeed employ spectacularly successful tax-dodging techniques. But they're all perfectly legal.

Nikkei sets new 5-yr, 5-month high on Wall St. gains

favicon Kyodo News
2 mentions1 day ago
The Nikkei stock index hit its highest intraday level in five years and five months Wednesday morning in Tokyo, tracking overnight gains on Wall Street, while investors awaited the outcome of the Bank of Japan's policy meeting ending later in the day.At 9:15 a.m., the 225-issue Nikkei Stock Average was up 140.34 points, or 0.91 percent, from Tuesday at 15,521.36, after climbing to as high as 15,527.35, the highest intraday mark since Dec. 27, 2007.The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up ...

China HSBC flash PMI hits 7-mth low, fans growth fears

favicon Reuters
2 mentions5 hours ago
BEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.The flash HSBC Purchasing Managers' Index (PMI) for May ...

Apple Avoids Paying $17 Million In Taxes Every Day Through A Ballsy But Genius Tax Avoidance Scheme

favicon businessinsider.com
3 mentions1 day ago
The report published by the Permanent Subcommittee on Investigations detailing Apple's strategies is a great read on its own.Apple uses a variety of offshore structures and arrangements to shift billions of dollars from the United States to Ireland.The U.S. corporate tax rate is 35%, while Apple said it ...

The Putting Technique That Won The Last Masters, US Open, And British Open Has Been Banned

favicon businessinsider.com
2 mentions2 days ago
An anchored stroke is one that affixes the end of the club to the golfers body. For instance there is the belly putter where the end of the club is tucked into the gut of the golfer. And there is the tall putter where the putter is affixed ...

CHART OF THE DAY: Hedge Fund Performance This Year Is Just Sad

favicon businessinsider.com
2 mentions19 hours ago
The analysts at Goldman Sachs have just published their latest Hedge Fund Trend Monitor report, which tracks the equity investments of the world's hedge funds."The typical hedge fund generated a YTD return of 5% through May 10, compared with 15% gains for both the S&P 500 and the ...

Airbnb Declared Illegal In New York City

favicon businessinsider.com
3 mentions2 days ago
White House Adviser Tells Fox News Host Chris Wallace His Questions On Benghazi Are 'Offensive' 116 CommentsThe Most Chilling Details From The Kafkaesque Search Warrant That Went After A Fox News Reporter 86 Comments

Investment firms sue exchanges in dispute on improper fee charges

favicon Reuters
2 mentions5 hours ago
(Reuters) - A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period.The lawsuit, filed in a state court in Illinois, said the exchanges had ...

How to Humble a Wing Nut

favicon Bloomberg
6 mentions2 days ago
There is no standard definition of the all-important term “wing nut,” so let’s provide one. A wing nut is someone who has a dogmatic commitment to an extreme political view (“wing”) that is false and at least a bit crazy (“nut”). A wing nut might believe that George W. Bush is a fascist, that Barack Obama is a socialist, that big banks run the Department of the Treasury or that the U.S. intervened in Libya because of oil. When wing nuts encounter people with whom they disagree, they immediately impugn ...

U.S. House votes to force approval of Keystone pipeline

favicon Reuters
2 mentions7 hours ago
WASHINGTON (Reuters) - The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project away from the Obama administration.The bill faces an uphill battle because it would have to pass the Senate with enough votes to overcome a promised veto from President Barack Obama."We've waited 1,700 days for this project," Fred Upton, Republican of Michigan, said as the floor debate wound ...

The antisocial network?

favicon timharford.com
5 mentions5 days ago
Two economists have been collecting data to assess whether online friends are good for the soul. The quick answer: not reallyEliza was the first software to simulate human conversation. It was developed in the mid-1960s by Joseph Weizenbaum, a computer scientist at MIT. The most famous version mimicked a psychotherapist, thus hiding its conversational incompetence: “Men are all alike.” “In what way?” “They’re always bugging us about something specific or other.” “Can you think of a specific example?” “Well, my boyfriend made me come here.” “Your boyfriend made you come ...

Dudley Says Decision on Taper Will Require 3-4 Months

favicon Bloomberg
5 mentions21 hours ago
By Joshua Zumbrun -2013-05-22T10:00:01ZWilliam C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, speaks to the Japan Society in New York, U.S., on Tuesday, May 21, 2013. Federal Reserve Bank of New York President William C. Dudley said policy makers will know ...

Lapid tops Post's 50 most influential Jews list

favicon Israel News
2 mentions1 week ago
Our choice for the most influential Jew in the world sky-rocketed from near anonymity outside of Israel to being hailed by international media outlets as “Israel’s kingmaker,” after he came close to garnering more seats in the Knesset than Prime Minister Binyamin Netanyahu (#3) in the January election.The ...

"The gold standard remains the best available monetary mechanism"

favicon The Market Monetarist on WordPress.com
2 mentions2 days ago
“For the Bank for International Settlements, the year has been an eventful one, during which, while the volume of its ordinary banking business has necessarily been curtailed by the general falling off of international financial transactions and the continued departure from gold of more and more currencies, culminating ...

AP News

favicon Median CEO pay rises to $9.7 million in 2012
2 mentions16 hours ago
The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.CEO pay, which fell two years straight during the Great Recession but rose 24 percent in 2010 and 6 percent in 2011, has never been higher.But the numbers don't tell the whole story. After years of pressure from corporate governance activists unhappy about big payouts,

Holder: We've Droned 4 Americans, 3 by Accident. Oops. | Danger Room | Wired.com

favicon wired.com
2 mentions10 hours ago
Airmen assemble an MQ-1 Predator drone after returning from Afghanistan, 2008. Each of the six stencils represent a Hellfire missile it fired in the warzone. Photo: U.S. Air ForceIn an extraordinary admission, Attorney General Eric Holder has told Congress that U.S. drone strikes since 2009 have killed four ...

John Kay

favicon Prosecutors must uphold the law, not cut deals wit...
2 mentions1 day ago
Plea bargaining – in which accuser and accused strike a deal – is not an aspect of legal process with which anyone should feel comfortable. The defendant benefits from a lighter sentence than might, or might not, have been imposed. The prosecutor does not have to rely on ...

Deflationists Take Note: Bernanke Succeeds In Offsetting Shadow Banking Collapse

favicon Zero Hedge
2 mentions6 hours ago
The biggest piece of news in Thursday's Z1 statement was not that consumers continue to deleverage, that corporate cash levels are at $1.9 trillion (of which $1 trillion is financial and half of the rest is held offshore: maybe instead of copying Zero Hedge charts, the WSJ could ...

Shadow Bank Liabilities Plunge By $700 Billion In Q2, $2.1 Trillion Year To Date

favicon Zero Hedge
2 mentions6 hours ago
+100.A shitty game leading to desperation.Once people are truly skint,big business will never recover repectability for generations,talk about hate the authorities will learn you can put out a flame but you can,t put out a fire.Outsourcing jobs,piss poor wages,no investment in the country or its workers,politicians doing sweet ...

Is the English language conquering France?

favicon BBC News
2 mentions14 hours ago
The French parliament is debating a new road map for French universities, which includes the proposal of allowing courses to be taught in English. For some, this amounts to a betrayal of the national language and, more specifically, of a particular way at looking at the world - ...
 

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