Reprinted from the Foundation for Economic Education Here’s a question for a PhD dissertation: How did something so radically anti-social ever get the name, social-ism? I leave that vexing matter to whoever wants…
Investing
Costco stock maintains a symmetrical triangle pattern. What this means for the price
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Costco Wholesale Corporation (NASDAQ:COST) continues to send mixed signals. The stock has been trading in a symmetrical triangle since bottoming at $406 in May. Is a breakout on the horizon…
Bath & Body Works Inc (NYSE: BBWI) is trading up on Friday after Dan Loeb revealed to have increased his stake in specialty retailer to 6.0%. Loeb wants seats on…
Users have suspected Twitter of engaging in “shadowbanning” and suppressing the visibility of user accounts for years, even though the social media giant has adamantly denied the practice. Yesterday (Dec…
Microsoft Corp (NASDAQ: MSFT) is in focus this morning after the Federal Trade Commission sued the tech behemoth in an attempt to block its $69 billion acquisition of Activision Blizzard…
Lululemon Athletica Inc (NASDAQ: LULU) opened more than 10% down on Friday after the athletic apparel retailer reported weaker-than-expected profit for its fiscal third quarter. Is that a signal to…
Do you want a romantic partner who loves to argue? Do you want employees, colleagues, and friends who criticize you? Do you value politicians and public intellectuals who aggressively challenge…
Total consumer credit outstanding rose by $27.1 billion to $4,729.3 billion in October, a 0.6 percent increase from the prior month. From a year ago, total consumer credit is up…
The preliminary December results from the University of Michigan Surveys of Consumers show overall consumer sentiment improved for the month but remains near historically low levels (see first chart). The…
Cryptocurrency news continues to be punctuated by developments around FTX and its former CEO Sam Bankman-Fried. The latest this time is that he will testify at the United States House…