From Big Tech to Big Pharma, the Biden administration is taking an aggressive approach to antitrust law. It is a risky strategy that could backfire, hobbling legitimate oversight for decades to come.
Read moreThe U.S. Government Keeps Breaking the Economic Golden Rule: Do No Harm
Government officials at every level should adopt a new mantra, a Hippocratic economic oath: do no harm. Newly minted doctors take the same oath to do no harm as one of their foundational medical principles. Economic policy should start with the same presumption.
Read moreTrump’s TikTok Policy Is Just a New Kind of ‘Security Theater’
After weeks of uncertainty following President Donald Trump’s executive order on TikTok—ordering its Chinese parent company to divest its American operations within 90 days—the video app that has stolen the hearts, if not the data, of millions of teens has found an American partner: Oracle.
Read moreWhat the Stock Selloff Tells us About the Future of Tech
The past three months have not been kind to large public technology companies. Amid crescendos of criticism about monopolistic power, these companies saw their market value plummet. The rampant selling has leveled off, at least for the moment, so it’s an opportune time to ask: What comes next?
Google 2011 Results Show Growth, But Can Tech Giant Thrive in Long Run?
‘Tis the season for large technology companies to announce their results for the end of 2011, and last night it was Google’s turn, along with other behemoths Microsoft, Intel and IBM. With expectations lofty, Google’s performance was found lacking by investors, who sent the stock down nearly 10 percent after the company reported that while revenues grew, the prices it was able to charge for advertising had declined about 8 percent.
Read moreDow 11000 Is Only the Beginning
So we're almost there. The Dow is flirting with 11000 for the first time since October 2008—after falling to a low of 6500 in March last year. Now seems an appropriate time to ask whether the dramatic recovery of stocks is sustainable and to speculate about what comes next.
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