A major Federal Court ruling today could significantly impact FDA regulation of commercial speech (and of drugs). The agency may no longer be able to exert its regulatory authority over drugs by simply restricting the flow of certain “unapproved” scientific … read more
“Your move,” say the House GOP. read more
When trying to determine if high unemployment is being caused by weak demand or by a mismatch between jobs and the skills of job seekers, economists look at the Beveridge Curve. It represents the relationship between the unemployment rate and … read more
With the Top 7 automakers all reporting their November sales, Ward’s Auto is estimating that light vehicle sales in November will be 15.47 million units (SAAR), which will be the highest monthly sales total since February 2008.
Pensions & Investments has a nice chart showing the evolution of public pension investment portfolios. Back in the early 1980s, public employee funds were made up of around 38% stocks, 50% bonds, 7% cash, and 5% “alternative investments,” which include … read more
Remember when Joe Biden said that Iraq “could be one of the great achievements of [the Obama] administration” — taking credit for the success of the surge that he and Obama opposed in the Senate, which had brought al Qaeda … read more
At Getaround, you can rent a car from someone nearby. Convenient hourly rentals from $4.50 per hour. Full insurance included.
Over the weekend, the Washington Post reported that the Pentagon is planning to expand significantly its clandestine human collection efforts. In theory, this is all to the good. For the longest time, the only real player in this game was … read more
Via Politico, here are the White House numbers on its budget proposal: Given that most of the descriptions of the initial White House offer on the fiscal cliff came from the GOP, there has been some misunderstanding of what’s actually … read more
1. In this interview with the BBC, Royal Dutch Shell’s CEO Peter Voser discusses the shale gas revolution in the U.S., which he predicts will bring manufacturing production and jobs back to the U.S. in industries like petrochemicals, plastics and steel, thanks … read more