Some Common Cents for December 2nd, 2016

December 5, 2016, by John Norris

I am not sure it is because I have been doing this for as long as I have or because it really is the case, but the data is starting to look the same to me. I say this, because after reading this morning’s Employment Situation report for November, I had to wonder: is that all you got? It was as if the Bureau of Labor Statistics (BLS) had somehow ‘phoned it in.’ In fact,...

Read More : Some Common Cents for December 2nd, 2016 - Full Article

Some Common Cents for September 2nd, 2016

September 2, 2016, by John Norris

This week, the European Commission (EU) ordered Apple, Inc., to pay the Irish government $14.6 billion in back taxes it claimed the company owed. Interestingly, the Irish weren’t asking for the money, quite the opposite. They were actively arguing otherwise. However, the powers that be, and in Europe there are a lot of them, determined a tax deal the country made with Apple amounted to an illegal state subsidy, and, therefore, was anti-competitive. Make no...

Read More : Some Common Cents for September 2nd, 2016 - Full Article