Written by Gary
U.S. stocks slid off session highs today (SPY +0.01), but recovered somewhat after the Federal Reserve kept interest rates unchanged.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).
BECOME A GEI MEMBER - IT's FREE!
Every day most of this column ("What We Read Today") is available only to GEI members.
To become a GEI Member simply subscribe to our FREE daily newsletter.
Three years after acquiring the MIT robotics lab Boston Dynamics, makers of Atlas and other scary bots, Alphabet is selling it off to Softbank, a Japanese telecommunications company. These lumbering machines are clearly still a work in progress, and are indeed reminiscent of fictional metal monsters like The Empire's armada of AT-ATs or the bipedal ED-208 from RoboCop. However, the biggest threat these humanoid bots pose isn't to our physical safety but rather to our economic futures.
Infographic Of The Day: Town Names That Will Make You Fall Out Of Your Chair
Some city names are a good reminder of how while times change, some things still remain the same.
This widget provided by DailyForex.com Forex News & Brokers;
Written by Sig Silber
When the Long-Wave features (Ridges and Troughs related to the rotation of Planet Earth) are not very distinct, the ability to make forecasts declines. This seems to be the situation beyond about a week right now. Local geography then assumes increased importance. There can be oddities since the checks and balances on weather features moving from one place to another are not as strong as usual.
26Jul2017 Market Update: Wall Street Makes New Record Highs Again, But Can't Hold Them, New US Single-family Home Sales Increased In June, WTI Crude Remains In The High 48 Handle
from The Conversation
-- this post authored by Timothy Oliver, University of Hull
There are lots of productive ways to analyse Brexit - why it happened, how it's developing, and how it might turn out. One of the most interesting is to use the idea of an identity to understand both why the process is proving so painful for the UK, and also why the rest of Europe still seems so confused about why the UK is engaging in this process at all.
Written by Gary
US stock markets opened higher with the three major indexes scoring new historic highs (SPY +0.04%) ...
26Jul2017 Pre-Market Commentary: Wall Street To Open Higher, New SP 500 Highs Expected, WTI Crude Pu
25Jul2017 Market Close: Wall Street Extended Its SP 500 Record-setting Run Amid Optimism Over The La
Econintersect: The Federal Open Market Committee (FOMC) - the board of directors of the Federal Reserve maintained the federal funds rate as expected. Additionally, no action was taken at this meeting to reduce the Federal Reserves' balance sheet.