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A Stock-Market Milestone is Reached, But Who Cares?

There was great economic news on Monday – for somebody. Monday morning the stock market passed another historic milestone, as the S&P 500 composite index briefly passed the 2,000 mark before ending the day on a record-breaking high. That barrier had symbolic value...

Robots Are People, Too

“This is an economic revolution,” a new online video says about automation. The premise of "Humans Need Not Apply" is that human work will soon be all but obsolete. “You may think we've been here before, but we haven't,” says CGP Grey, the video’s creator. “This time...

JPMorgan Chase’s $13 Billion Shadow

If nothing else, William D. Cohan’s recent Nation article about JPMorgan Chase’s $13 billion settlement should confirm the public’s darkest suspicions about that institution and its CEO. It was only logical to assume that the bank wouldn’t have agreed to what was then...

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