Category: Uncategorized

The cost of ventilators increases by a factor of four.

https://www.propublica.org/article/the-trump-administration-is-backing-out-of-a-647-million-ventilator-deal-after-propublica-investigated-the-price?utm_source=facebook&utm_medium=social&fbclid=IwAR3KHBy-DWCQULEPG6agNSV4QlF648zS7CS1Kh6BTqMVmut9BcpyVSeISYA#994529

NEW YORK — A gauge of global stocks kicked off September on a higher note on Tuesday, as data in major economies showed manufacturing demand rebounding from coronavirus-induced lows, while the U.S. dollar remained weak. Read More

Manufacturing data lifts stocks; U.S. dollar remains weak — Financial Post

Wall Street climbed on Tuesday as gains in Apple and Zoom Video shares propelled the tech-heavy Nasdaq to record highs, while better-than-expected U.S. manufacturing sector data fueled optimism around a post-pandemic economic recovery. Read More

Wall Street advances as U.S. factory activity hits 19-month high — Financial Post

By Julian Lee Read More

Is Big Oil Still a Big Deal? — Financial Post

In his original paper Professor Taylor claimed that “The profit share of income grew across business cycles at 0.4% per year, or by more than 20% (…

Second Round: The Labor Share of Corporate Income

BERLIN — German annual consumer prices fell for the first time in more than four years in August due to a VAT cut as part of the government’s …

VAT cut pushes German inflation into negative territory

(Bloomberg) — Polly is a 10-year-old black-and-white Holstein cow, the oldest in a herd of about 300 on the Bar-Way Farm in Deerfield, Mass. …

The Gas Industry’s Survival Plan: Make Fuel From Cow Poop

The coronavirus was an opportunity for the Treasury secretary to redefine his legacy, for better or worse.

Steven Mnuchin Tried to Save the Economy. Not Even His Family Is Happy. — NYT > U.S. > Politics