Slate - Business

Some Democratic Establishment Wonks Put Out a Medicare-for-All Plan. And It’s Pretty Good!

Some Democratic Establishment Wonks Put Out a Medicare-for-All Plan. And It’s Pretty Good!

At this point, it’s fairly clear that any Democrat who wants to run for president in 2020 with support from the party’s progressive base will have to campaign on some sort of plan that they can
Americans Haven’t Noticed Trump’s Tax Cut in Their Paychecks. That’s Probably Because There Isn’t Much to Notice.

Americans Haven’t Noticed Trump’s Tax Cut in Their Paychecks. That’s Probably Because There Isn’t Much to Notice.

When Republicans passed their $1.5 trillion tax cut in December, very few Americans expected to personally benefit from the legislation. Depending on the poll, somewhere between one-sixth and
Saying We Should Treat Guns Like Cars Overstates How Well We Regulate Cars

Saying We Should Treat Guns Like Cars Overstates How Well We Regulate Cars

First, the carnage. Then, the backlash. Finally, a familiar retort from gun-freedom advocates everywhere: Ban guns? Why not ban cars—they kill more people! It’s a nonsensical, slippery-slope response
Why the Trump Administration’s Latest Attack on Obamacare Is a Bad Idea, According to the Trump Administration

Why the Trump Administration’s Latest Attack on Obamacare Is a Bad Idea, According to the Trump Administration

I don’t really have to explain to you why the Trump administration’s latest attack on Obamacare is a bad idea. That’s because they’ve done that for me. On Tuesday, the administration officially
Uber Lost $4.5 Billion in 2017. So Why Are Investors Optimistic?

Uber Lost $4.5 Billion in 2017. So Why Are Investors Optimistic?

Uber lost $1.1 billion in the fourth quarter of 2017—and that’s good news for the ride-hailing giant. According to financial documents obtained by tech industry site the Information, Uber’s
Scott Pruitt Is Still Flying First Class in Brave Defiance of the Dangers of Coach

Scott Pruitt Is Still Flying First Class in Brave Defiance of the Dangers of Coach

Scott Pruitt is back in the big seats. Two days after an exposé in the Washington Post revealed the EPA administrator had spent more than $90,000 on plane tickets in June alone, not including fares
The Trump Infrastructure Plan Just Might Have One Good Idea for Cities

The Trump Infrastructure Plan Just Might Have One Good Idea for Cities

Donald Trump is no friend to mass transit. But tucked away in the 55-page infrastructure plan released on Monday is an intriguing idea for America’s forthcoming subways and light rails, should the
Trump Infrastructure Plan: You Pay for It

Trump Infrastructure Plan: You Pay for It

It’s infrastructure week! The first thing you need to know about Donald Trump’s $1.5 trillion infrastructure plan is that it is, in fact, a $200 billion infrastructure plan. For those keeping score at
I Am Not Wasting My Time Reading Trump’s Budget. Nor Should You.

I Am Not Wasting My Time Reading Trump’s Budget. Nor Should You.

The White House released its official budget proposal today. I’m not going to waste my time reading it, and neither should you. As the cliché goes, presidential budgets are political documents that
The Electric Glide

The Electric Glide

Bicycles are the sharks of transportation, virtually unevolved through a century of technological upheaval in automobiles and airplanes. But shrinking motors and newly powerful batteries have, in the
L.L. Bean Has Ended Unlimited Returns, and I Am Fairly Certain It’s My Fault

L.L. Bean Has Ended Unlimited Returns, and I Am Fairly Certain It’s My Fault

I’m responsible for this. That was my first reaction when I read Friday morning that outdoorsy retailer L.L. Bean had decided to stop guaranteeing its merchandise for life. For more than a century,
The GOP’s Giant Deficits Could Be Good for the Economy. But They’re Terrible for Our Politics.

The GOP’s Giant Deficits Could Be Good for the Economy. But They’re Terrible for Our Politics.

For those of us who’ve spent the last few years arguing that the economy is underperforming and could use an extra boost from federal spending, this is a surreal and slightly bitter moment.
Yes, I Will Let Amazon Deliver My Whole Foods Produce Even Though I Know It’s Bad for the Country

Yes, I Will Let Amazon Deliver My Whole Foods Produce Even Though I Know It’s Bad for the Country

On Thursday, Amazon announced that it would begin offering free, same-day grocery deliveries from Whole Foods to Prime members in select cities. Immediately, I felt a familiar combination of glee and
Why Chains Dominate the Sun Belt but Not the Pizza Belt

Why Chains Dominate the Sun Belt but Not the Pizza Belt

On Wednesday, Yelp released a five-year trove of data about local businesses in the United States. One of the company’s big conclusions? Americans prefer independent restaurants (even, in fact,
Donald Trump Says the Stock Market Made a “Big Mistake” by Falling

Donald Trump Says the Stock Market Made a “Big Mistake” by Falling

After a few days of silence, our president finally decided to weigh in on the choppy state of the stock market this morning. It’s easy to read this as just another example of Trump being Trump. The
There Is No Technological Solution to America’s Building Woes

There Is No Technological Solution to America’s Building Woes

While Elon Musk launched a car into outer space Tuesday, I was reading about his plans underground. Musk’s Boring Company is a Los Angeles-based venture with a mission less spectacular but more
Why Did Stocks Go Insane This Week? Because Traders Were Afraid They Would.

Why Did Stocks Go Insane This Week? Because Traders Were Afraid They Would.

On Monday, stocks got clobbered. Tuesday, they’ve been twitchy—fluctuating up and down like the needle on a seismograph. Why are traders in such a jittery mood? After a long period of unusual calm,
Please Don’t Panic About the Stock Market

Please Don’t Panic About the Stock Market

So, things got a little ugly in the stock market today. All the major indexes tanked. The Dow Jones Industrial Average was especially dramatic, falling almost 1,600 points in the afternoon before
Why Rising Wages Scare the Heck Out of Investors

Why Rising Wages Scare the Heck Out of Investors

On Friday, the U.S. Department of Labor released a strong jobs report showing wages rising at their fastest rate since the Great Recession. Then, the stock market promptly began to plummet. The Dow
Scandinavian Women Do Not Have It All

Scandinavian Women Do Not Have It All

On paper, Denmark looks like a paradise for working mothers. There’s the ample paid leave. Danish families are entitled to 52 weeks of it after the birth of a child, meaning parents have a year to