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Deep cuts to Medicaid remain the centerpiece of the Republicans’ proposals

WHEN the House of Representatives passed the American Health Care Act in early May, it was widely thought that the Senate would .....»»

Category: useconomySource: ECONOMIST8 hr. 15 min. ago Related News

Is partisan gerrymandering unconstitutional?

THE Supreme Court will hear a case in the autumn that puts a new spin on an old scourge: partisan gerrymandering. In recent years the justices have cracked down on electoral districts drawn by politicians along.....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

Why cutting even wasteful spending is so hard

HE .....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

Why nationalists are so bad at foreign policy

NATIONALIST politicians come in many varieties, from blustering to downright scary, but most share a common flaw. They forget, or do not care enough, that foreigners have politics, too. The marrow-deep hopes, fears and grie.....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

The race in Georgia’s sixth district

She could Handel itTOWARDS the end of the marathon election in Georgia’s sixth congressional district, Jon Ossoff was in Cobb County for a “Juneteenth” celebration—commemorating the abolition o.....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

The promise and pitfalls of privatising public assets

DONALD TRUMP ran for office promising to spur the private sector to rebuild America’s roads, bridges and airports. But it seems that Republicans want to start their modernisation in the sky. On June 21st House Republicans unveiled a bill that would p.....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

Measuring racial bias in police forces

IN HIS 14 years policing the streets of Montgomery County, Maryland, Sergeant Robert Sheehan has witnessed deadly shootings and stopped big-money cannabis deals. But on a sunny afternoon it is the windows of a passing car that raise his suspi.....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

Adoptions in America are declining

SHOULD state-funded adoption agencies be able, for religious reasons, to turn down prospective parents? An increasing number of states say they should, or are beginning to consider it. South Dakota has had such a law since Mar.....»»

Category: useconomySource: ECONOMIST14 hr. 15 min. ago Related News

Why the falling oil price isn’t hurting markets

INVESTORS could easily get confused about the impact of oil-price rises on the economy and markets. The story seemed to be clear: high prices bad, low prices good. The two great oil shocks in the 1970s were unambiguously bad for Western economies—usher.....»»

Category: topSource: ECONOMIST15 hr. 0 min. ago Related News

Amazon’s big, fresh deal with Whole Foods

JEFF BEZOS does not like sitting still. In his annual letter to Amazon’s shareholders this y.....»»

Category: topSource: ECONOMIST15 hr. 0 min. ago Related News

Fund managers rarely outperform the market for long

THE big investment shift of recent years is from active to passive. Clients have been buying index funds, which passively track a benchmark like the S&P 500 index, and shunning fund managers who actively try to pick the best shares.One reason fo.....»»

Category: economicsSource: ECONOMIST16 hr. 14 min. ago Related News

China enters the big leagues of global markets

FROM shoes to shirts and phones to fridges, made-in-China goods have blanketed the globe over the past three decades, entering every country and just about every home. But one kind of Chinese good few abroad dare touch: its financial assets. Outsider.....»»

Category: economicsSource: ECONOMIST16 hr. 14 min. ago Related News

Barclays and four former executives are charged with fraud

IN 2008, as banks cracked on both sides of the Atlantic, Britain’s government prepared to shore up tottering lenders. It eventually poured £45bn ($71bn) into the Royal Bank of Scotland (RBS) and £20.3bn into Lloyds, which ministers coax.....»»

Category: economicsSource: ECONOMIST16 hr. 14 min. ago Related News

Hong Kong’s stock exchange proposes a controversial reform

The big boredBOSSES at Hong Kong Exchanges and Clearing (HKEX) ought to be feeling smug. In five of the past eight years it has been the world’s leading exchange for initial public offerings (IPOs). Chinese companies.....»»

Category: economicsSource: ECONOMIST16 hr. 14 min. ago Related News

Investors snap up Argentina’s 100-year bonds

ONE hundred years ago, Argentina was not the country it is today. Thanks to a belle époque of lavish foreign investment, rapid inward migration and bountiful agricultural exports, its GDP per person in .....»»

Category: topSource: ECONOMIST16 hr. 15 min. ago Related News

Investors in aircraft should get set for turbulence

AIR shows are where the aerospace business shows off. At this year’s Paris show, the world’s largest, which opened at Le Bourget airport on June 19th, the military types are most ostentatious. Aeronautical party tricks inc.....»»

Category: topSource: ECONOMIST16 hr. 45 min. ago Related News

The Federal Reserve risks truncating a recovery with room to run

WHEN it comes to inflation, the Federal Reserve sometimes resembles a child freshly emerged from an age-inapprop.....»»

Category: topSource: ECONOMIST16 hr. 45 min. ago Related News

Klarna, a Swedish fintech unicorn, gets a full banking licence

BANKS moan incessantly about over- regulation. Yet their banking licences come with perks: in most places only licensed institutions can accept deposits and offer current accounts; within the EU, “passporting” means a bank licensed in.....»»

Category: topSource: ECONOMIST16 hr. 45 min. ago Related News

Travis Kalanick steps down as chief executive of Uber

Scoot“WE HAVE a lot of attention as it is. I don’t even know how we could get more,” Travis Kalanick, the boss of Uber, said last year. The ride-hailing giant found a way. Mr Kalanick failed to manag.....»»

Category: topSource: ECONOMIST16 hr. 45 min. ago Related News

A hybrid startup offers AI services to business

Bengio, neutral agent?BOSSES are more likely to groan than feel giddy about advances in artificial intelligence (AI). They need a strategy, but few companies can hope to own a unit like Google’s DeepMind, wh.....»»

Category: topSource: ECONOMIST16 hr. 45 min. ago Related News