University of California

Home Prices Are Soaring In America's 2nd Most Dangerous City

With home prices in San Francisco beyond the reach of all but the elitest of the elites, it appears the "just well off" are migrating to Oakland in search of affordable properties. Despite being the second most dangerous city in America, Bloomberg reports that Oakland’s housing market is still soaring even as growth cools in San Francisco as the East Bay city had California’s highest annual appreciation of home values and the biggest rent growth of the 50 largest U.S. cities.

The Propaganda War With Putin

In what has become an old fashioned American pile-on, President Barack Obama, Hillary Clinton, the Democratic Party and what seems the entire political establishment as well as the MSM, have united to undermine Putin as if to prime the American public for war with Russia. A little hysteria wouldn’t hurt but most of all, a necessary requirement is to efficiently tutor the public consciousness to despise the adversary... War is, after all, more successful when the people have been thoroughly programmed.

Three Former Barclays Traders Convicted Of LIBOR Manipulation

The first bank to admit that it engaged in massive manipulation of the LIBOR rate was Barclays back in 2012, and traders are still being scapegoated tried in court to this day. As Bloomberg reports, five traders learned their fate recently, nearly four years since the bank admitted to the charge. Three traders were convicted, while the jury was unable to reach a verdict on the final two.

The PhD Bubble Has Burst: Graduating 'Doctors' Are Having Trouble Finding Work

"The supply of PhD's has increased enormously and the demand in the labor market has increased but not nearly as fast. When you can import an international workforce or outsource research, you have a buyer's market... The percentage of new doctorate recipients without jobs or plans for future study climbed to 39% in 2014, up from 31% in 2009."