University of California

5 Universal Laws Of Human (Investment) Stupidity

In 1976, a professor of economic history at the University of California, Berkeley published an essay outlining the fundamental laws of a force he perceived as humanity’s greatest existential threat: Stupidity.

100s Of Cops Gather As Battle of Berkeley 3.0 Begins - Live Feed

Groups from across the political spectrum (from Bikers-for-Trump to Antifa) gathered in various spots across Berkeley this afternoon to protest/discuss the now-canceled Ann Coulter event. While events are peaceful for now, two antifa protesters have been arrested and 100s of police are on the scene.

Frontrunning: April 20

  • White House to risk shutdown as Trump searches for “win” (Politico)
  • Saudi Minister Wants OPEC Oil-Production Deal Extended, Perhaps for Less Than 6 Months (WSJ)
  • Russia denies Reuters report think tank drew up plan to sway U.S. election (Reuters)
  • Fed's Kaplan: Three rate rises this year 'still a good baseline' (Reuters)
  • Ex-Arconic CEO Sent Vague Threat to Hedge-Fund Boss (WSJ)

Elon Musk Launches Company To Hook Up People To Computers

In case revolutionizing the transportation and energy industries while colonizing Mars wasn't enough of a challenge for Elon Musk, in his latest venture the billionaire entrepreneur now "wants to merge computers with human brains to help people keep up with machines."

New Study In D.C. Finds That New $15 Minimum Wage Could Cost 1,200 Jobs

"This study proves what we’ve known all along: this dramatic D.C. wage hike will hurt the most vulnerable in the District, costing them jobs and important economic opportunities.  D.C. must focus on creating more good-paying jobs for workers that need them the most and it’s clear an artificial minimum wage increase is the wrong approach to achieving this goal."

Violence, Fighting Breaks Out Between Trump Supporters, Protesters In Berkeley

In a day when Trump supporters organized peaceful rallies across the nation in support of the president, violence broke out Saturday in the liberal, if not quite tolerant, west coast capital of Berkeley, when Trump fans and protesters started fighting each other in broad daylight, while police in riot gear stood at a distance.