After 100 years of searching, an international team of physicists has confirmed the existence of Einstein's gravitational waves at LIGO on September 14 last year, marking one of the biggest astrophysical discoveries. It's a huge deal, just think of all the breakthroughs that have come to the discovery of x-rays and radio waves it also opens up a whole new way of studying study the Universe.
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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from Lakshman Achuthan, Co-Founder and Chief Operations Officer of ECRI
The premise of incomes powering a consumer-driven pickup in U.S. economic growth is demonstrably false. And for people renting their homes the squeeze is even greater.
Infographic Of The Day: 'Planet Nine' Type Worlds Are The Most Common
On Jan. 20, 2016, scientists announced the discovery of what could be a giant planet in the Kuiper Belt at the outer edge of our solar system.
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by Money Metals Exchange
-- this post authored by Stefan Gleason
'The last duty of a central banker is to tell the public the truth.'
The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an 'economy performing well and expected to continue to do so.'
Economics Professor: Negative Interest Rates Aimed At Driving Small Banks Out Of Business And Elimin
by Shah Gilani, Money Morning
Special Report from Wall Street Insights and Indictments
Over the last few weeks, we've talked a lot about where the markets have been, how they've broken down on news of China's slowing growth, struggling U.S. equity markets, central bank madness in Europe and Japan, and crashing commodity prices...
12Feb2016 Market Close: Averages Climb Higher In Afternoon Trading, WTI Settles At $30 Bbl And Equit
12Feb2016 Market Update: US Markets Up, DOW Up 200 Points, WTI Oil Still Melting Upwards, Market Tre
12Feb2016 Pre-Market Commentary: US Futures Higher This Morning Along With WTI Crude Climbing Higher
from the Philadelphia Fed
The economy looks weaker now than it did three months ago, according to 40 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.0 percent this quarter and 2.5 percent next quarter.