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The Role Of Airbnb In U.S. Cities

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by Felix Richter, Statista.com

Short-term home rental service Airbnb has filed a lawsuit against the city of San Francisco, objecting a new rule that would hold Airbnb accountable for San Francisco based homeowners failing to register with the city before listing their properties on the platform.

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 more WWRT

What We Read Today 01 July 2016

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".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Why Spain Plays A Crucial Role In Whether United Kingdom Stays Together

from The Conversation

-- this post authored by William McDougall, Glasgow Caledonian University

Committed supporters of Scottish independence may be dusting down their 2014 memorabilia and rehearsing their arguments now that the Brexit vote has raised the prospect of another referendum north of the border. Yet despite much talk about the sovereign will of the Scottish people, the gift of holding a referendum belongs to Westminster. As Enoch Powell claimed, 'power devolved is power retained'.

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Infographic Of The Day: Billion Dollar Companies That Started In A Garage

They say that we should begin with something - at least some place to live, some cash to contribute, some encouragement from our relatives, friends.

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Video of the Day:

Laser hair removal is the process of removing unwanted hair by means of exposure to pulses of laser light that destroy the hair follicle. It had been performed experimentally for about twenty years before becoming commercially available in the mid-1990s. The efficacy of laser hair removal is now generally accepted in the dermatology community and laser hair removal is widely practiced in clinics, and even in homes using devices designed and priced for consumer self-treatment.


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Investing.com Weekly Wrap-Up 01 July 2016



 more opinion

Disorder Under The Heaven

by DiEM25

-- this post authored by Slavoj Zizek

Note by Yanis Varoufakis: Slavoj Zizek, a DiEM25 early signatory, casts his critical eye on the 'disorder' of the EU in the light of Brexit. He reminds us that 'crises are painful and dangerous' but they are also 'the terrain on which battles have to be waged and won'.

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Written by Investing.com Staff, Investing.com

U.S. stocks post 4th straight win as Dow, S&P complete best week in 2016

U.S. stocks moved higher for a fourth consecutive session, as global bond yields hit fresh record-lows while investors continued to pile into safe-haven assets in the wake of last week's surprising Brexit outcome.

The Dow Jones Industrial Average inched up 19.17 or 0.11% to 17,949.17, while theS&P 500 gained 4.90 or 0.19% to 2,102.95, as the indices completed their strongest week since November. With the continued gains, both the Dow and S&P 500 have erased approximately 90% of their Brexit-inspired sell-offs triggered from last week's market shock.

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 USA economy at a glance (boxed items are updates in last 7 days)

July 2016 Economic Forecast: Outlook Continues Slightly Recessionary. Too Early To Factor In Brexit Impact.

Written by Steven Hansen

Econintersect's Economic Index continues marginally in contraction but insignificantly improved. The index is slightly above the lowest value since the end of the Great Recession. Although Econintersect does not buy into proposition that Brexit is bad for the global economy, the financial markets do - and their reaction may cause a recessionary dynamic. For those alive in 1973 will remember that the oil embargo triggered a recession. Global events can contract the USA economy.

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