Day: August 25, 2023

Is this the crash-proof economy?

The smartest insight and analysis, from all perspectives, rounded up from around the web: “The Federal Reserve keeps taking, but nonetheless, this economy keeps on giving,” said Mitchell Hartman in NPR’s Marketplace. “The standard metaphor” for when the central bank has to raise interest rates to slow an overheating economy is that it takes away…

Meta’s Canadian news blockade is about more than just money

When the Canadian parliament passed the benignly named Online News Act this summer, its goal was to ensure “fair revenue sharing between digital platforms and news outlets,” according to a government summary of the legislation. In effect, the law requires search engines and social media giants to “engage in a bargaining process — and binding arbitration,…

10 things you need to know today: August 5, 2023

1 Judge rules Texas’ abortion ban must allow medical exceptions A Texas judge on Friday ruled that the state’s abortion ban was too restrictive against women with complex pregnancies, issuing a temporary injunction to allow certain medical exemptions for abortions. State District Court Judge Jessica Mangrum outlined these medical exemptions as a pregnancy that presents a risk…

Police video shows GOP Rep. Ronny Jackson profanely threatening Texas trooper in rodeo altercation

Rep. Ronny Jackson (R-Texas), a former White House physician to Presidents Barack Obama and Donald Trump, threatened and cursed at a Texas state trooper after an altercation at an Amarillo-area rodeo on July 29, according to body-camera and dashcam footage released Monday. Jackson had been trying to assist a teenage girl experiencing seizures, and police…