• Fact of the morning: Since 2010, the biggest share of immigrants to US—41%—has come from Asia, according to separat… Link
    David Wessel Thu 18 Apr 2019 13:18

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  • 298 of the nation’s 3,142 counties grew last year primarily because of immigration rather than a surplus of births… Link
    David Wessel Thu 18 Apr 2019 13:03

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  • RT @SaraJerde: Sports Illustrated is still for sale, but Money magazine isn't... and it's going digital only: Link
    David Wessel Wed 17 Apr 2019 20:03
  • Cain: “You know that the president is a fighter, and Kudlow is a fighter. They might be getting a lot of blowback f… Link
    David Wessel Wed 17 Apr 2019 19:48

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  • @WSJ “What Kudlow was doing was giving me an out, and I appreciate that, but I don’t want an out. I don’t want an o… Link
    David Wessel Wed 17 Apr 2019 19:48

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  • Herman Cain says he won’t withdraw from consideration for Fed board Link via @WSJ
    David Wessel Wed 17 Apr 2019 19:43
  • RT @NewYorker: An early look at next week’s cover, "Our Lady," by Bob Staake: Link https://t.co/84MQzoRVrY
    David Wessel Wed 17 Apr 2019 19:33
  • Yellen on Powell: Wise & capable. TIME's 100 most influential people issue. Link
    David Wessel Wed 17 Apr 2019 15:12

    Jerome Powell—Jay to his friends—arrived at the Federal Reserve Board seven years ago with a sterling record of private-sector success and public service. He had served at the Treasury Department and as a scholar at a bipartisan think tank. Before becoming chair, he filled with great distinction nearly every role a board member could. He had overseen the reserve banks, the management of the board’s staff, the payments system, and bank supervision and regulation.

    Now, Jay is keeping the economy healthy, with plentiful jobs and with inflation low and stable. He wisely and capably leads a process in which monetary policy decisions are based on data and objective analysis. Jay has emphasized the Fed’s accountability to Congress and its obligation to communicate clearly to the public. The Fed, under Jay’s leadership, will continue to focus single-mindedly on creating and sustaining an economy that benefits all American families and businesses.

    Yellen is the former...

  • RT @bytebot: A lot has been said about the Uber IPO prospectus but maybe none as cogent as this FT comment. https://t.co/sa3ACm0zTA
    David Wessel Wed 17 Apr 2019 02:32
  • RT @davidfrum: President Trump says the US steel industry is expanding at a pace not seen in decades. No. Link https://…
    David Wessel Tue 16 Apr 2019 23:42
  • Kudlow Says It’s Up to Cain Whether to Bow Out or Not - WSJ Link
    David Wessel Tue 16 Apr 2019 22:17
  • RT @voxdotcom: No more $20,243 bike crashes: Zuckerberg hospital ends controversial billing practices after @voxdotcom reporting https://t.…
    David Wessel Tue 16 Apr 2019 19:22
  • ECB and Banque de France to contribute to Notre-Dame repair fund Link
    David Wessel Tue 16 Apr 2019 17:47

    The European Central Bank and Banque de France have joined a rapidly growing list of supporters in pledging funds for the rebuilding of Notre-Dame cathedral in Paris, after a blaze destroyed substantial parts of the world-famous monument.

    “We are heartened by the initiative to restore and rebuild this landmark. The ECB will make a financial contribution to the restoration,” the central bank said via Twitter.

    A spokesperson for the ECB said the donations would come from a special fund used for

  • RT @NHendersonWSJ: For the first time, government economists will measure how much of the wealth generated by economic growth goes to the p…
    David Wessel Tue 16 Apr 2019 15:41
  • RT @StephanieKelton: "If we are entering a period of secular stagnation, unemployed resources could be available in much of the industrial…
    David Wessel Tue 16 Apr 2019 14:41
  • RT @sam_a_bell: This letter of support for Stephen Moore does NOT include John Taylor, Glenn Hubbard, Kevin Warsh, Larry Lindsey, John Coch…
    David Wessel Tue 16 Apr 2019 13:21
  • Dimon: If I were king for a day, I would have a competitive business tax system & invest in infrastructure & educa… Link
    David Wessel Tue 16 Apr 2019 13:21

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  • Arthur Laffer, Steve Forbes, Ed Feulner, Manley Johnson, George Gilder, others, sign letter supporting Steve Moore'… Link
    David Wessel Tue 16 Apr 2019 13:16

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  • Larry Summers is asked about MMT. His answer. Video. Link via @PIIE
    David Wessel Tue 16 Apr 2019 13:01

    Lawrence H. Summers discusses “Secular Stagnation and the Future of Global Macroeconomic Policy" at the Peterson Institute for International Economics on April 15, 2019. Summers, the Charles W. Eliot University Professor and president emeritus at Harvard University, argues that events of the last five years confirm that secular stagnation is real and spreading, and that fiscal not monetary policy will play the major role in stabilization policy going forward. As a result, Summers contends that the industrialized world has passed peak central bank independence, and that secular stagnation is ironically a product of the information technology revolution—supply side progress has created demand side problems. For more information, visit: https://piie.com/events/secular-stagn...

  • Bernanke, Geithner, Paulson preview their new book, "Firefighting," out April 16. Link
    David Wessel Tue 16 Apr 2019 12:21
  • RT @b_judah: Someone should paint this photo, to hang in the cathedral, the miraculous sight of the cross and altar having survived the bla…
    David Wessel Tue 16 Apr 2019 00:16
  • RT @zoe_samuel: @jbarro No kidding. Here's a wider shot that is also far less bad than expected. Wooden pews and pulpit still intact sugges…
    David Wessel Mon 15 Apr 2019 22:51
  • Summers Calls Fed Monetary Policy ‘Broadly Appropriate’ for Now Link
    David Wessel Mon 15 Apr 2019 21:51
  • Amen to that. Link
    David Wessel Mon 15 Apr 2019 21:26

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  • The #Pulitzer Board said the citation for the Capital Gazette comes with $100,000 to further the newspaper’s journalistic mission.
    David Wessel Mon 15 Apr 2019 19:51
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