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Once we understand this mechanism, we understand that labor can never get ahead...

...the aggregate nominal wealth of the Bottom 50% of American households has fallen almost 10 percent over the past 20 years, which is politically destabilizing and explains much of the conflict in today’s body politic.

...in 2010, those who worked from home made 11% less than those who drove to work, but in 2018, they made 5% more.

"“We used to be the murder capital of the US, but there is hardly anybody left to kill..."

Yes, there are photos in this post...

"This is unprecedented in terms of what all of us are facing as a community. We are doing everything we can to minimize the impact on our customers’ lives."

...a closer examination of a new New York Times article taking aim at Trump's tax-cuts, provides several clear signs that something fishy is going on with the underlying numbers....

Along with being Amazon'd, the big box retailers are adopting automation at a light-speed pace and have cut over 42k jobs in the last 12 months.

...a not-insignificant share of respondents said they don't mind working, but wish they had fewer hours.

 “She was just a nice person. Giving, loving and caring. She would do anything for anybody.”

“Further, given Ms. Holmes’s current financial situation, Cooley has no expectation that Ms. Holmes will ever pay it for its services as her counsel.”

Uber views the service as a precursor to eventual "air" ride-sharing it hopes to have running by 2023.

"Tesla is using over-the-air software updates to mask and cover up a potentially widespread and dangerous issue with the batteries in their vehicles."

This makes September the 11th consecutive month of YOY order declines and the 9th consecutive month of orders below 20,000...

Where did all the money come from?

Meanwhile, McDonald's share of the US market has shrunk to 13.7% from 15.6% in 2013...

The consumer credit crisis is reaching a fever pitch...

The dominant companies of the 21st century may not just be those that use data most effectively, but those who successfully retrain their existing workforce to effectively compete in a world where data is eating everything.

Dealers are at the point where they make more money on the loans than on the cars that they sell.

...initial auto sales results from Toyota and Honda can only be described as disasters...