I Thought I Was Saving Trans Kids. Now I’m Blowing the Whistle.

Can silver be called a Giffen Good? Probably not, although that fact doesn’t discourage some from looking for the equivalent of a unicorn in economic thinking.

Oracle Jumps On Solid Earnings And Guidance Boost Despite Soaring CapEx And Cash Burn There was much anxiety ahead of Oracle's Q3 earnings release: yes, revenue growth would be solid but would it come at the expense of even more capex, which has sent the stock price tumbling more than 50% since its record high on Sept 10. In the end, it turned out the company had learned from recent mistakes and projected a goldilocks future: strong revenue and just right capex. Here is what Oracle reports for Q3: Adjusted EPS $1.79...

National Counterterrorism Director Joe Kent announced on Tuesday that he was resigning from the Trump administration over the US-Israeli war against Iran, saying he could not “in good conscience” support the conflict. “After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today,” Kent said in […]