ABC Plans a ‘Roseanne’ Spinoff, Without Roseanne Barr
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The show was canceled last month after the star’s racist tweet. A version of the series will return in the fall, without her.
Intel C.E.O. Brian Krzanich Resigns After Relationship With Employee
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Brian Krzanich, who resigned after violating Intel’s “non-fraternization policy,” will be replaced on an interim basis by the company’s chief financial officer.
Europe Strikes Back Against Trump Tariffs as Global Trade War Escalates
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The European counterattack, a response to the administration’s measures on steel and aluminum, adds another front to a trade war that has engulfed allies and adversaries around the world.
Chinese media says US has 'delusions' as impact of trade war spreads
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U.S. protectionism is self-defeating and a "symptom of paranoid delusions," the China Daily said on Friday.
Trade War. Iran Sanctions. Political Chaos. There Goes Italy’s Economic Groove.
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Between the Trump administration’s steel tariffs, the reinstatement of sanctions on Iran, and political chaos, Italy is again struggling economically.
Introducing The Mellow Chicago Bike Map
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The new map is a guide to our city?s low-stress cycling routes.
Chanel Publishes Annual Results for First Time in 108 Years
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The French behemoth, known for its perfumes, handbags and double-C logo, reported strong sales growth and rising investment. But that it published it all was a surprise.
Is There Any Real Economic Benefit to Hosting a World Cup?
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We spoke with four economists about Russia's claims of a World Cup-related financial windfall. They were all skeptical.
Madness: Trump is treating the world economy like it's a reality show
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Trump seems to be trying to run the global economy as if it were just a slightly more involved episode of "The Apprentice."
Euro-Area Economy Sees Silver Lining as Growth Momentum Picks Up
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The much awaited rebound in euro-area growth momentum may have finally begun.
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Rift deepens between big producers at Vienna meeting of ministers
Inside a Heist of American Chip Designs, as China Bids for Tech Power
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Micron, an American chip maker, says its designs were swiped to help a new Chinese plant. Washington sees a larger pattern, fueling tensions with Beijing.
What Stress? It's Good to Be a Bank
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The fortunes of the largest United States banks have changed remarkably over the past decade. So is it time to loosen regulation?
SFMTA Cuts Bike Lane from Planned Sixth Street Safety Improvements
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Streetsblog tipster and advocate Brian Coyne brought this to our attention: ?SFMTA?s Sixth Street Safety Project, which Streetsblog has covered several times over the last few years, ha…
EU tariffs on US goods come into force
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The European Union has gone ahead with retaliatory duties against $2.8bn worth of US-made products.
IMF Blog - International Monetary Fund Blog
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By Ravi Balakrishnan and Frederik Toscani June 21, 2018
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German car groups’ US plants could suffer most in stand-off with China
The Fed's dual mandate and taking away the punch bowl
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BUSINESS : ECONOMICS
Once upon a time, Fed policy wasn't about finetuning macro outcomes. It was about maintaining the safety, siundness and stability of our banking and credit system.
As  OPEC watches nervously, Russia and Saudi Arabia create a new axis – of oil
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Russia is trying to be friends with everyone at once, and wielding growing influence as a global giant in weaponry and oil production. Some of its success could be at the US's expense.
Greece hails 'historic' debt relief deal
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The eurozone agrees a long-awaited deal, which pushes back the repayment schedule for Greece's debt.
What are the richest countries in the world?
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While global poverty is declining faster than ever before, the distribution of wealth around the world is far from even. North America is home to less than 5% of the global population and accounts for about 27% of the world’s gross domestic product. Meanwhile, South Asia is home to 24% of the world population and accounts for less than 4% of global GDP.     While gross domestic product provides an accurate picture of the size of a nation’s economy, gross national income, or GNI, is a more precis
Jobless claims, Retail sales, Bank lending, Fed comments - The Center of the Universe
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Just a reminder (from 2015) as to why claims are this low: This is not population adjusted: We haven?t yet to recover from the last recession, in my opinion due to an ongoing lack of demand: Highlights The FOMC said yesterday that household spending has picked up and indeed it has. Retail sales jumped 0.8 ?
Supreme Court Gives States Wide Authority To Collect Taxes on Remote Sales
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The US Supreme Court has given states broad authority to require online and other remote sellers to collect sales taxes. And it has largely ended...
A Common European Home
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Cameron's meeting with Hollande last week underlined again our isolation from the central European debates, while last month's vote E...
Opinion: A hard Brexit is looking increasingly likely – according to behavioural economics
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There is evidence that people routinely gamble to avoid guaranteed losses, while playing safe with guaranteed gains. Faced with a certain loss from the 'soft' option, those (the majority) who voted for Brexit will inevitably be drawn towards the 'hard' alternative
China's Xi says has honored word on opening up economy
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Chinese President Xi Jinping said on Thursday he had honored his word by taking action on steps to open up the country's economy.
Bonus Quotation of the Day?
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Tweet… is from page 118 of Steven Pinker?s wonderful 2018 book, Enlightenment Now: Perhaps most damaging, the [false] impression that the modern economy has left most people behind encourages Luddite and beggar-thy-neighbor policies that would make everyone worse off. DBx: Trump’s presidency – although fueled also by several other noxious notions, fallacies, and superstitions – […]
Three Ways OPEC Decision Will Impact Oil Markets - OpenMarkets
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The oil production decision at the OPEC meeting on Friday, June 22, is interesting on several counts.
Europe is in crisis, though it is not making the headlines
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BUSINESS : ECONOMICS
Europe is in crisis, though it is not making the headlines. The crisis is that the political center continues to weaken even though Europe, at least on paper, is enjoying a broad economic expansion. 
Market Update: Central-Bank-A-Thon Time - OpenMarkets
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Jack Bouroudjian prepares us for next week?s Central Bank meetings and the possible outcomes of these meetings.
Do liberals and conservatives shop differently? - Marginal REVOLUTION
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I usually urge care in interpreting or even believing such results, but if you are game here is another entry into the sweepstakes: In our research, conservatives tended to differentiate themselves through products that show that they are better than others – for example, by choosing products from high-status luxury brands. In contrast, liberals tended ?
Talking Headways Podcast: Value Capture and Transit-Oriented Development
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This week we talk with Stan Wall of HR&A Advisors. Stan tells us about his earlier work as director of real estate and station planning for WMATA in Washington DC, including an interesting case…
Was the Colombian peace deal so wonderful? - Marginal REVOLUTION
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It seems to be increasingly unpopular with the Colombian electorate, and now there is this report: Hundreds of Colombian farmers, activists, and community organisers have been killed over the past 18 months, despite the landmark peace deal that supposedly ended 52 years of war. For them, and for local leaders in the former conflict zones, ?
BREAKING Horrific Supreme Court Ruling: States Can Require Internet Tax Collection
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This is a developing story. Return to this post for updates. UPDATE 1 The U.S. Supreme Court has ruled that states and local governments can collect sales taxes from internet retailers that don’t currently charge tax to their customers. UPDATE 2  The court's 5-4 vote overturned a 1992 ruling that had made much of the internet a tax-free zone. UPDATE 3 The bastard Trump Supreme Court
Quotation of the Day?
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Tweet… is from page 68 of Felix Morley?s profound 1949 essay ?State and Society,? which is reprinted as Essay Two in the 1979 Liberty Fund collection The Politicization of Society (Kenneth S. Templeton, Jr., ed.): There has been direct and causal connection between the increasing exaltation of the state and the increasing demoralization of society. […]
Trade Jaw-Jaw Turns to War-War in Growth Threat: Economy Week
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Follow the latest global economic news and analyis @economics.
New Yorkers Will Die Because Cuomo Failed to Get a Speed Camera Bill Through Albany
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Cuomo put muscle behind his pet AirTrain project, not the speed camera bill he promised to move.
Cuba loosens grip on media, allows for more independent reporting
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Newly named Cuban President Miguel Diaz-Canel is allowing the media to have a bit more freedom with their reporting. Journalists can now publish news of important events without government approval and accept advertising from Cuba's small private sector.
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BUSINESS : ECONOMICS
New Delhi to raise duties on chickpeas and lentils, but backs down on big motorbikes