Jennifer Lopez

Jennifer Lopez

Title: How wage inflation became the Fed’s regressive red line

The 2021-2023 inflation surge saw sudden and persistent increases in prices for consumer goods, housing and assets. Wage inflation also rose, but it lagged behind other inflation measures. When wages finally accelerated, the Fed began hiking rates to cool the economy, consistent with its longstanding view of wage inflation as a precursor to spiraling inflation

The self-defeating tariffs killing Trump’s presidency

Americans are not very happy with Donald Trump’s second term in office. Trump’s approval has trended downward since he returned to power and has recently fallen again. Here are some numbers from Nate Silver: Source: Nate Silver Even Fox News admits how bad it’s getting: Unhappy with the economy. Pain with prices. Unsure about Trump administration policies. It adds

Will Trump emulate Thailand, Cambodia by punishing lèse-majesté?

Donald Trump has a problem with comedian Seth Meyers and it fits a consistent pattern of hyper-sensitivity to criticism and satire. Early this month, Trump declared in a post on Truth Social that a Meyers monologue was “100% ANTI TRUMP, WHICH IS PROBABLY ILLEGAL!!!” (His capitals, not mine.) More recently, he called for broadcaster NBC

How the rich world is fortifying itself against climate migration

The UK has announced much harsher rules for asylum seekers including the prospect of more deportations for those whose applications fail. The US is tripling the size of its deportation force. The EU is doubling its border budgets. And in the coming decades, hundreds of millions of people might be displaced by ecological changes. In

Trump’s Venezuela squeeze goes well beyond Monroe Doctrine

A massive military buildup in the Caribbean has sparked speculation that the US is now engaged in its latest chapter of direct intervention in Latin America. For now, at least, President Donald Trump has walked back suggestions that Washington is eyeing strikes inside Venezuela, seemingly content with attacking numerous naval vessels under the guise of

Eurocope pot calling the American kettle black

I recently attended the excellent Kilkenomics festival in Kilkenny, Ireland. If you ever get the chance to go, I recommend it. Putting comedians and economists on the same stage doesn’t sound like it makes sense, but it’s surprisingly effective; they balance each other out quite well. And Ireland is a wonderful country, of course. But I did

Dems: Epstein Emails Show Trump Knew of Abuse

WASHINGTON — US House Democrats investigating the late sex offender Jeffrey Epstein released emails Wednesday they say show President Donald Trump knew about the financier’s abuse of underage girls as far back as 2011. The three emails released by Democrats on the House Committee on Oversight and Government Reform were among 23,000 pages of documents turned

Next phase of Germany’s Nord Stream probe may strain Poland ties

Gas leaking from the ruptured Nordstream 1 pipeline off Sweden’s coast. Photo: Swedish Coast Guard The Wall Street Journal recently published a detailed piece about “The Nord Stream Investigation That’s Splintering Europe Over Ukraine.” The gist is that Germany’s investigation into the Ukrainian trace, which is likely a preplanned red herring as argued here in early 2023

Bill Gates drops a climate bomb on COP30

Shortly before COP30 talks begin in Brazil, tech billionaire and philanthropist Bill Gates has launched a “narrative grenade” into the discourse of climate politics by publishing a lengthy memo calling for a rethink of how the climate crisis is framed and addressed. Gates calls for a “strategic pivot” in climate strategy. That appears to have

US Senate advances bill to end record-breaking government shutdown

WASHINGTON — Seven US Senate Democrats and one independent joined Republicans on Sunday night in advancing legislation to reopen the government and temporarily keep it afloat until the end of January, after a record-breaking shutdown that began October 1. Democratic Senators Dick Durbin of Illinois, John Fetterman of Pennsylvania, Maggie Hassan and Jeanne Shaheen of New
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