Wall Street Journal: Market News

Wall Street Journal: U.S. Business

  • Fed Unveils Plan to Pare Holdings, Hints at Another Rate Rise
    The Federal Reserve said it would initiate in October its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis and left open the possibility of raising short-term interest rates by December.
    - 1 hour ago, 20 Sep 17, 10:08pm -
  • Apple Acknowledges Cellular Connectivity Problem in New Watch
    Apple acknowledged problems with cellular connectivity in its newest smartwatch, raising questions about the device’s most significant feature days before it goes on sale in stores in the U.S. and other countries.
    - 2 hours ago, 20 Sep 17, 9:55pm -
  • Google to Buy Part of Phone Maker HTC
    Google is set to buy the phone-design business of struggling Taiwanese smartphone maker HTC, according to people familiar with the situation, part of the search giant’s effort to crack the handset market.
    - 2 hours ago, 20 Sep 17, 9:47pm -
  • Falling Yogurt Sales Drag Down General Mills' Earnings
    General Mills said U.S. yogurt sales fell 22%, pushing it to its ninth straight quarter of revenue declines.
    - 2 hours ago, 20 Sep 17, 9:34pm -
  • GE to Shut Down Corporate Jet Fleet
    General Electric is grounding its corporate fleet of jets as new CEO John Flannery continues to look for ways to slash costs at the industrial giant.
    - 2 hours ago, 20 Sep 17, 9:31pm -
  • Albertsons to Buy Meal-Kit Company Plated
    Albertsons Cos. is buying the Plated meal-kit service, the first acquisition of a prepared-meals company by a national grocery chain as supermarkets scramble to keep shoppers coming to their stores.
    - 3 hours ago, 20 Sep 17, 8:39pm -
  • For Holiday Hires, It's Already Beginning to Look a Lot Like Christmas
    With low unemployment and an expected increase in e-commerce orders, retailers and logistics companies are starting early and going the extra mile to attract seasonal employees.
    - 3 hours ago, 20 Sep 17, 8:27pm -
  • States Need $645 Billion to Pay Full Health-Care Costs
    New accounting guidelines that urge local governments to record their total health care costs show they need more money to pay for it.
    - 3 hours ago, 20 Sep 17, 8:20pm -

Robert Reich

Naked Capitalism

Overcoming Bias

  • Prediction Markets Update
    Prediction markets continue to offer great potential to improve society at many levels. Their greatest promise lies in helping organizations to better aggregate info to enable better key decisions. However, while such markets have consistently perfor…
    - 2 days ago, 19 Sep 17, 1:45am -
  • Prepare for Nuclear Winter
    If a 1km asteroid were to hit the Earth, the dust it kicked up would block most sunlight over most of the world for 3 to 10 years. There’s only a one in a million chance of that happening per … Continue reading →
    - 6 days ago, 14 Sep 17, 2:15pm -
  • Too Much of a Good Thing
    When people are especially eager to show allegiance to moral allies, they often let themselves be especially irrational. They try not to let this show, but most aren’t very good at hiding it. One cute way to watch this behavior … Continue reading…
    - 9 days ago, 11 Sep 17, 3:00pm -
  • MRE Futures, To Not Starve
    The Meal, Ready-to-Eat – commonly known as the MRE – is a self-contained, individual field ration in lightweight packaging bought by the United States military for its service members for use in combat or other field conditions where organized fo…
    - 11 days ago, 9 Sep 17, 2:15pm -
  • Tegmark’s Book of Foom
    Max Tegmark says his new book, Life 3.0, is about what happens when life can design not just its software, as humans have done in Life 2.0, but also its hardware: Life 1.0 (biological stage) evolves its hardware and software … Continue reading →
    - 18 days ago, 2 Sep 17, 1:05pm -
  • Forager v Farmer, Elaborated
    Seven years ago, after a year of reading up on forager lives, I first started to explore a forager vs. farmer axis: A lot of today’s political disputes come down to a conflict between farmer and forager ways, with forager … Continue reading →
    - 21 days ago, 31 Aug 17, 11:25am -
  • Meaning is Easy to Find, Hard to Justify
    One of the strangest questions I get when giving talks on Age of Em is a variation on this: How can ems find enough meaning in their lives to get up and go to work everyday, instead of committing suicide? … Continue reading →
    - 22 days ago, 29 Aug 17, 9:35pm -
  • Entrenchit Happens
    Most artificial systems, made by humans, slowly degrade over time until they become dysfunctional, and are replaced. Such systems rarely change or improve over time, and so are sometimes replaced while still functional, with new improved competitors.…
    - 23 days ago, 28 Aug 17, 9:01pm -
  • Can Human-Like Software Win?
    Many, perhaps most, think it obvious that computer-like systems will eventually be more productive than human-like systems in most all jobs. So they focus on how humans might maintain control, even after this transition. But this eventuality is less…
    - 25 days ago, 26 Aug 17, 9:20pm -
  • There’s Always Subtext
    Our new book, The Elephant in the Brain, argues that hidden motives drive much of our behavior. If so, then to make fiction seem realistic, those who create it will need to be aware of such hidden motives. For example, … Continue reading →
    - 25 days ago, 26 Aug 17, 4:25pm -

Information Arbitrage

  • Recycling: The challenge and the opportunity for a Seed stage VC
    My recent post gave rise to a host of questions around the issue of recycling. What does it mean? How do you do it? And what are the implications for venture investors? I attempted to respond in a Tweetstorm, but recycling is a complicated issue that…
    - 5 Oct 16, 8:48pm -
  • The TTD Investment and the IA Ventures Model
    A Little HistoryIA Ventures began life a little less than seven years ago, just as the world was coming out of the worst economic crisis since the Great Depression. The term “Micro VC” had yet to be coined. “Big Data” was still somewhat myste…
    - 29 Sep 16, 1:25am -
  • Welcoming John to IA
    Brad, Jesse and I are happy to announce that our friend and colleague, John Hadl, is joining IA Ventures as Venture Partner, effective immediately. We have personally gotten to know John over the past four years due to our shared investment in PlaceI…
    - 12 Mar 15, 8:29pm -
  • Crowdfunding for start-ups: A durable trend or a bull market phenomenon?
    Angel investing is red hot as is the concept of crowdfunding start up investment. Part of this phenomenon has been driven by the emergence of AngelList, the brainchild of Naval Ravikant. What started out as a way for a curated set of angels to inves…
    - 23 Nov 14, 10:44pm -
  • Financial interaction: the next generation
    I have spent over 25 years creating, processing and analyzing financial transactions. I like studying them - a lot - whether an outgrowth of my time on Wall Street helping sophisticated entities manage risks, or through IA Ventures’ investments in…
    - 25 Feb 14, 10:43pm -
  • IA Ventures: Reflections on 2013
    2013 was a very different kind of year for IA Ventures. While the years 2010-12 were characterized by 8-10 new investments per year, in 2013 we invested in only three new companies: Data Robot; Digital Ocean (DO) and Sight Machine (SM). Digital Ocean…
    - 3 Jan 14, 8:28pm -
  • “If you can’t do something willingly and joyfully, then don’t do it. If you give...
    “If you can’t do something willingly and joyfully, then don’t do it. If you give up drinking, don’t go moaning about it; go back on the bottle. Do. As. Thou. Wilt." - The late Peter O'Toole
    - 16 Dec 13, 1:05pm -
  • Venture Capital and "Innovation"
    Many have recently been critical of the role of the venture industry in financing “true innovation.” The narrative goes something like this: “VCs are like lemmings, flocking to the latest consumer wave (mobile chat, ride-sharing, etc.) in searc…
    - 16 Dec 13, 2:41am -
  • Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to...
    Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to rise. Research from the Federal Reserve Bank of Boston shows that in the 1980s, 21 percent of Americans in the bottom income quintile would rise to…
    - 15 Dec 13, 1:51pm -
  • Soft is the new Hard
    I live in a world where engineering and technical talent is valued above all others, where the Holy Grail is a “coding ninja” who can crank out oodles of elegant code at a breakneck pace. These people speak a language that is distinct and only un…
    - 14 Nov 13, 4:32am -