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Dean BakerHuffPost |
Only independent journalism—funded by people who believe in building a better world—can deliver truly trustworthy daily news. Please support our...
Only independent journalism—funded by people who believe in building a better world—can deliver truly trustworthy daily news. Please support our...
Key Takeaways: Last week was a minor earthquake in the AI world, and DeepSeek’s latest release could mean an even
Key Takeaways: Donald Trump loves to put his name on things, and when it comes to the recent burst of
Key Takeaways: The Guardian has had a series of pieces in the last year looking at ways that stores and
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Key Takeaways: First off, here are the latest numbers from the AI giants: A couple of months ago, I decided
Key Takeaways: We know the Trump crew regularly spews batshit crazy stuff on things like pet-eating migrants and boys being
Key Takeaways: As we approach the two-year mark since Donald Trump’s second election victory, it’s a good time to do
Key Takeaways: Since everyone who is anyone is writing about France’s fiscal situation, I thought I would throw in my two cents. The
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Key Takeaways: The end-of-the-week meltdown of Oracle, coupled with Sam Altman’s admission that his Open AI team has no idea what it’s doing, has
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Key Takeaways: While OpenAI is putting off its plans for an IPO into next year, Anthropic seems determined to rush
Key Takeaways: I had intended to write on the Fed’s decision to raise rates, but I don’t have much to
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There is a great scene in the movie The Big Short, where the Steve Carell character is talking with a stripper who owns five houses that she intends...
Key Takeaways: I read this Substack column last week comparing the timing of subprime resets in 2006-08 to the payments that the
Key Takeaways: Donald Trump is not very good at running the economy, but he does have a great imagination about
Before we catch up on the game, here are the latest numbers on market capitalization and P/E ratios: It’s the fourth quarter and the game is tied,...
Key Takeaways: The $40 trillion debt point naturally prompted much griping among pundits, many of whom see their job as promoting hysteria
The $40 trillion debt point naturally prompted much griping among pundits, many of whom see their job as promoting hysteria in order to justify cuts...
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The man who gave us the war in Iran, mass deportation, murders on the high seas, inflation, a trade war with our closest ally, measles, explosive...
Key Takeaways: The Bureau of Labor Statistics (BLS) released preliminary numbers for its annual benchmark revisions to job growth on Friday. After
We vow—with your help—to keep fighting like hell for it.
Here are the most recent price-to-earnings and market cap numbers: What Does AI Tell Us About the AI Bubble? I know I have been screaming about an AI...
Friday is apparently a day when Donald Trump believes that tariffs increase prices. We know this because Trump said that he will lower beef prices...
I have never been a deficit hawk, and I’m not about to change my religious affiliation now. But whatever we think of debt and deficits, there is one...
Key Takeaways: Trump’s latest move to downgrade US involvement in long-planned military exercises with South Korea should make one thing
Like every authoritarian before him, Trump is working to co-opt news sources and control what the public sees and hears. Too many corporate outlets...
Back in February, before Trump and Netanyahu attacked Iran, the interest rate on 10-year Treasury bonds was around 4.0%. It’s now hovering near...
There is now a bipartisan consensus that Social Security faces a serious crisis, and something has to be done. That “something” almost always...