“2018 was the first that a 60-40 portfolio,” the sort of cheap and simple portfolio an average investor like you might have, “outpaced all Ivy [League] endowments in terms of 10-year performance.” All of Harvard’s brilliant investment managers are a mathematically certified waste of space. Read more
After a monumental political battle, California passed AB5, a law that will make it much harder for gig economy…
Much of the business of Wall Street is “managing risk,” and at the moment, analysts agree they have a scary risk…
Meats are out there. That much we know. But where?
The Washington Redskins, a professional football team named after an actual racial slur, fired their coach, because…
How long do you think it will take the national debasement of the Trump era to play out to its gruesome conclusion?…
As the world burns, we on “the left” will continue to focus exclusively on how to propel Bernie Sanders OR Elizabeth…
Unions are employers too. And the people who work at the headquarters of SEIU, America’s most politically active…
Today, Forever 21 joins the long list of retail chains to declare bankruptcy. There is a business story about the…
Earlier this week, Bloomberg ran a quirky business story about a losing investment by Harvard’s endowment fund.…
You don’t have to spend money to go to journalism school. I will tell you how to write a story about a political…
Here is a disgusting soft-focus feature about Murdoch family members who inherited billions thanks to Fox News and are given credit for spending a minute fraction of that money fighting climate change, which their business enterprise fueled. In fact, all Murdoch family members should be in jail. Read more
Yesterday, a group of Google contract employees in Pittsburgh voted to unionize. Their move is one more small step…
America’s inequality crisis will not be fixed until the public embraces the idea that the accumulation of vast…
On Monday, the National Labor Relations Board will issue a ruling that will make it impossible for graduate student…
In July, Hector Figueroa, the revered head of the powerful New York labor union SEIU 32BJ, died of a heart attack.…
U.S. stocks are near all-time highs while the OECD predicts the weakest growth in a decade and financial officers expect a recession next year and one of the world’s top investors has “sounded the alarm about the state of the world’s economy.” DON’T worry—stress is the real killer. Read more
The 131-story Central Park Tower on 57th Street in Manhattan—the tallest residential building in the world—has…
Thousands of Uber and Lyft drivers drove in a slow protest caravan in New York City today asking for stronger legal…
NEW YORK—In April of 2016, I went to a huge Bernie Sanders speech in Washington Square park, which spilled out into…