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Author: Team NIDO
NIDO, a nest. Nurturing Investments. Developing Opportunity.
Juliet Sellgren, a senior economics major at the University of Virginia, has a podcast titled “The Great Antidote.” In October, she interviewed me about the 2024 Nobel Prize winners in economics: Daron Acemoglu, Simon Johnson, and James Robinson. She contacted me because, as I have done most years since 1996, I had written an op-ed for the Wall Street Journal about the Laureate’s contributions to economic thought. It’s “‘Inclusive’ Free Market Wins Nobel Prize in Economics,” Wall Street Journal, October 14, 2024. The WSJ article is gated, but will be posted here in the next few days. Juliet does a…
Check out the companies making headlines in midday trading: Tesla — The electric car stock added to last week’s 29% rise as investors bet the Trump administration would do well for the company and CEO Elon Musk. It jumped about 9% to extend it. AbbVie — Shares fell 12.6% after the drug company announced that its experimental schizophrenia drug did not show statistically significant improvement in symptoms during two Phase 2 trials. Shares of rival Bristol-Myers Squibb rose nearly 12% on the news. Supermicrocomputers — The beleaguered server maker ended Monday trading 4.7% higher after falling earlier in the day.…
AMY GALLO: You’re listening to Women at Work from Harvard Business Review. I’m Amy Gallo. AMY BERNSTEIN: And I’m Amy Bernstein. Some of us have gone all in on generative AI. AMY GALLO: Like these audience members of ours. BARBARA RUIZ: So, I created this custom GPT for my job. It was a game changer for me. Before, if I had a problem, it would take me one day to solve. Right now, with these tools, I will do it, I don’t know, in three hours. ERIN MORAN: It drastically increases efficiency and proficiency. I am able to be a…
An article about highway projects in the Pacific Northwest caught my attention. But this shiny new document omits important considerations in predicting the future impacts of I-5 expansion on this long and constrained corridor, one that would have received little attention a decade ago. It is an omission that would not have been made, but its omission is very conspicuous. My thumb hurts now. This almost completely avoids the concept of induced demand, where additional road capacity encourages more journeys, as road users seek to take advantage of faster travel, and ultimately It negates many of the promised benefits…
Check out the companies that made headlines before the bell: Tesla — The electric car stock jumped 7% and looked poised to extend last week’s 29% gain. Elon Musk’s company has seen its stock price rise following Donald Trump’s presidential victory, with its market capitalization dropping by 1 on Friday as investors bet it will benefit under the new administration. surpassed the trillion dollar mark. Cryptocurrency Stocks — Cryptocurrency stocks rallied, sending Bitcoin to a new all-time high above $82,000 as Wall Street continued to predict that the Trump administration would be more favorable to the crypto industry. Coinbase soared…
President Trump is the most pro-stock president in history, says Jeremy Siegel of Wharton Magazine
Jeremy Siegel, a finance professor at the Wharton School at the University of Pennsylvania, says President-elect Donald Trump’s pro-business policies could give the stock market a bigger boost than any previous administration.”President-elect Trump is the most pro-stock president in our nation’s history,” Siegel said Monday on CNBC’s “Squawk Box.” “He measured his success in his first term by how well the stock market did. It seems to me very unlikely that he would implement policies that would negatively impact the stock market. ”Markets have already reached new heights in the wake of Trump’s election victory, as investors bet that his…
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. Reporting Highlights Death of Baby Onyxx: Born with a cleft palate, 2-month-old Onyxx Cooley was apparently otherwise healthy. One morning, his mother awakened to find him unresponsive. Limited Investigation: An elected Idaho coroner ordered no autopsy, didn’t go to the scene and didn’t interview the parents, steps prescribed by national guidelines. Low Autopsy Rate: Idaho, which has few rules for coroners, has the nation’s lowest rate of autopsies in…
ProPublica is a nonprofit news company that investigates abuses of power. Sign up for Dispatches, a newsletter focused on fraud across the country, and get it delivered to your inbox every week. In 2018, Arizona voters overwhelmingly rejected school vouchers. On the ballot that year was a bill that would allow all parents, including the wealthiest, to receive tax money to send their children to private, usually religious schools. Arizonans voted no, but by a close margin. Even in right-leaning states where prominent Republican leaders support the initiative, the vote was 65% to 35%. Heading into this week’s election, Donald…
ProPublica is a nonprofit news company that investigates abuses of power. Sign up to receive the biggest stories as soon as they’re published. New York state judicial leaders react after a ProPublica investigation found that lax oversight by court-appointed appointees abused and neglected the elderly and infirm New Yorkers they were supposed to protect. are working to reform the state’s problematic guardianship system. The new attention will come from two new positions created in the state court system. One will be a special prosecutor and elder judge for guardianship issues, which a spokesperson said will focus on “statewide adult guardianship…
Sixteen years ago, we founded ProPublica to conduct tough, rigorous journalism that exposes wrongdoing and wrongdoing. During that time, our investigative reporters have covered three presidents, from the Obama administration’s housing policy failures to the Trump administration’s immigration strategy of separating parents and children at the border, to the Biden administration’s failure to uphold U.S. laws regarding weapons. I have covered the government. Israeli. Now that Donald Trump has become president-elect for the second time, we refocus our attention on the areas that need the most scrutiny at this moment in history. As our editor-in-chief wrote yesterday, that’s the job…