A recent study published in "Psychological Science" reveals that acetaminophen, the painkilling ingredient in Tylenol, actually dulls emotions right along with pain. Previous studies have revealed that Tylenol also blunts moral judgment. In fact, no one actually knows how the drug works, but all signs point to it just taking the edge off everything. This is the pill that people pop like candy.
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by Guillaume Vandenbroucke - The Regional Economist, Federal Reserve Bank of St. Louis
The United States has 115 million households, the makeup of which varies across the board. Some people live alone. In other households, many people reside - the average is 2.6. Some occupants are married. Some are cohabiting. Some have never married. Should the composition of U.S. households and the living arrangements of people in them matter to economists and policymakers? Yes. Think of unemployment and income inequality, for example. No question, these are issues of interest to policymakers. The decision to look for a job, as well as some measures of income inequality, are closely connected with the living arrangements people choose, as I will show in this article with a few statistics.
Infographic Of The Day: A Calorie Is Not A Calorie
Why aren't all calories the same? Dr. Lustig's famous statement "a calorie is not a calorie" has baffled many.
FOREX NEWS by DailyForex
As fears of a default weighed on European and U.S. stock and bond markets, the European head of the International Monetary Fund (IMF) said on Friday that Greece’s growth projections will need to be "significantly" revised down from the estimate made last week that Greece's economy would grow by 2.5 percent this year and 3.7 percent in 2016.
Again, it should be a quieter week, with the primary focus likely to fall upon the Australian Central Bank statement and Eurogroup Meetings. Get the economic and political calendar for the week of April 20, 2015 here.
Ask any consumer if they are worried about falling prices and they will give you a bemused smile and say “no”. In the experience of most of us, falling prices are only ever a transient effect, a pleasant and fleeting surprise.
Today’s March consumer price index is more important than usual since it is one piece of data that traders say could change their assumptions on Fed policy.
Over the past 18 months, the Australian Dollar has been under significant pressure, at one point striking a 6-year trough as growth prospects diminished.
by Benjamin Leruth, The Conversation
To the surprise of no-one, UKIP"s leader identified the European Union as his party"s top priority at the launch of its 2015 election manifesto.
by Jeff Miller, A Dash of Insight
It is a very light week for economic data, but a full one for earnings reports. I expect a divided media focus, but special attention to geopolitical issues. With the backdrop of Friday"s market decline many will be asking:
Do geopolitical issues threaten US Stocks?
17Apr2015 Market Update: Averages Open Lower And Continue To Trend Downward After U. Of Michigan Rep
17Apr2015 Pre-Market Commentary: U.S. Market Futures Dow Half Percent, Averages Expected To Open Low
The above graph shows the index value for the US Coincident Index including February 2015 data (released Friday). A comparison of US Coincident Index, Aruoba-Diebold-Scotti business conditions index, Conference Board"s Coincident Index, ECRI"s USCI (U.S. Coincident Index), and Chicago Fed National Activity Index (CFNAI) coincident indicators follows. In general, most coincident indices (except for this Philly Fed Coincident Index) are showing slower growth.