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Slate - Business

Mitch McConnell Admits That the GOP Doesn’t Actually Want to Fix the Deficit While It’s in Charge

Mitch McConnell Admits That the GOP Doesn’t Actually Want to Fix the Deficit While It’s in Charge

Mitch McConnell says that Republicans will not take any serious steps to reduce the deficit, unless they can also share blame for unpopular entitlement cuts with Democrats. He didn’t use exactly those
Rent Control Is Back

Rent Control Is Back

There are few policies economists dislike as much as rent control. Most believe rent-regulation policies have a negative impact on the quality and quantity of affordable housing in cities where they
Trump Says The Federal Reserve Is the “Biggest Threat” to His Presidency. So Why Hasn’t He Done Anything About It?

Trump Says The Federal Reserve Is the “Biggest Threat” to His Presidency. So Why Hasn’t He Done Anything About It?

Donald Trump’s feud with the Federal Reserve is getting more heated and bizarre by the week. Last we left this saga, the president had suggested that our country’s central bankers had “gone crazy” and
Canada Is Legalizing Weed This Week. But Will There Be Enough Bud to Meet Demand?

Canada Is Legalizing Weed This Week. But Will There Be Enough Bud to Meet Demand?

Recreational marijuana sales are set to begin in Canada on Wednesday, which will officially make our northern neighbor the world’s second country after Uruguay to formally legalize the drug for
Yes, I Wear Headphones While I Bike. I Have No Regrets.

Yes, I Wear Headphones While I Bike. I Have No Regrets.

The Spokes Man is a series with Slate’s Henry Grabar assessing the dilemmas of the urban biker. It’s no surprise that many bikers listen to music while riding, and that many other people like to tell
It Is Absurd That Trump Is Taking Credit For Falling Obamacare Premiums

It Is Absurd That Trump Is Taking Credit For Falling Obamacare Premiums

Obamacare coverage is about to get slightly more affordable for some Americans, and the Trump administration is already taking credit where none is due. First, the good news: The Centers for Medicare
Why Donald Trump Is Saying That the Fed Has “Gone Loco”

Why Donald Trump Is Saying That the Fed Has “Gone Loco”

Donald Trump has been grumbling about his displeasure with the Federal Reserve for a while now. But after Wednesday’s stock market rout, in which nerves over rising interest rates helped push the Dow
Republicans Are Going to Attack Medicare for All By Trying to Scare the Hell Out of Old Folks

Republicans Are Going to Attack Medicare for All By Trying to Scare the Hell Out of Old Folks

The most interesting thing about the factually challenged screed Donald Trump published in USA Today on Wednesday—in which he attacked Democrats as Venezuelan-style “radical socialists” for supporting
Amazon Created a Hiring Tool Using A.I. It Immediately Started Discriminating Against Women.

Amazon Created a Hiring Tool Using A.I. It Immediately Started Discriminating Against Women.

Thanks to Amazon, the world has a nifty new cautionary tale about the perils of teaching computers to make human decisions. According to a Reuters report published Wednesday, the tech giant decided
Australia Has a Plan to Keep Immigrants Out of Its Largest Cities

Australia Has a Plan to Keep Immigrants Out of Its Largest Cities

Immigrants to Australia will soon find themselves excluded from Sydney and Melbourne, the country’s two largest cities. Instead, new arrivals will be confined for five years to rural, low-growth parts
London Underground

London Underground

The neighbors, Brian May wrote on his blog, had declared war on his family. Beyond the thick blossoms of the cherry tree in his yard towered the corkscrew of a piling rig, pounding into the London
Amazon Raised Its Minimum Wage to $15 an Hour Thanks to Bernie Sanders (and Maybe Tucker Carlson)

Amazon Raised Its Minimum Wage to $15 an Hour Thanks to Bernie Sanders (and Maybe Tucker Carlson)

It looks like Bernie Sanders just helped a few hundred thousand Amazon workers get a raise. Under increasing political pressure over its pay practices, Jeff Bezos’ e-commerce behemoth announced
Primera Air Abruptly Shuts Down, Leaving Thousands Stranded

Primera Air Abruptly Shuts Down, Leaving Thousands Stranded

Primera Air, the European budget airline that expanded rapidly into trans-Atlantic flights this year, announced it would cease operations on Monday night, leaving thousands of travelers stranded in
What Makes Rent “Affordable”?

What Makes Rent “Affordable”?

It’s no surprise that a California ballot measure to restore rent-control power to cities has the most support in Los Angeles. The city has the nation’s largest unsheltered homeless population and
GE Is So Desperate to Transform, It Transformed Its CEO Right out of the Building

GE Is So Desperate to Transform, It Transformed Its CEO Right out of the Building

The 2000s haven’t been a good century for General Electric. The company’s consistent earnings growth of the previous century disappeared after the departure of legendary chief executive Jack Welch
The Most Important Thing About the New NAFTA Deal Is That It Exists at All

The Most Important Thing About the New NAFTA Deal Is That It Exists at All

It’s official: Donald Trump is not going to break up the North American Free Trade Agreement. Instead, he’s going to rename it. After a last-minute flurry of negotiations, the United States and Canada
Conservative Intellectuals Have a New and Absurd Theory for Why Wages Aren’t Rising Faster

Conservative Intellectuals Have a New and Absurd Theory for Why Wages Aren’t Rising Faster

Once upon time, when the GOP was still attempting to dress itself up as a party of ideas, Yuval Levin was considered one of its star intellectuals. As editor of the conservative policy journal
Uber Is Declaring War on… Cars

Uber Is Declaring War on… Cars

Uber, the company that provides 15 million private car rides a day and is widely suspected to be eroding mass transit ridership in the United States, says it is joining the war on cars. On Wednesday,
There’s Supposed to Be a Student Loan Forgiveness Program for Public Servants. So Far, It’s Rejected Almost Every Applicant.

There’s Supposed to Be a Student Loan Forgiveness Program for Public Servants. So Far, It’s Rejected Almost Every Applicant.

Something seems to be going very, very wrong with the federal government’s student loan forgiveness program for public servants. Under the Public Service Loan Forgiveness Program, Americans can get
What YIMBYs Should Learn From New York’s Hasidic, Chinese, and Bangladeshi Enclaves

What YIMBYs Should Learn From New York’s Hasidic, Chinese, and Bangladeshi Enclaves

In part because of restrictive land use laws, America is building fewer houses per capita than at any time since World War II. But not everyone wants their communities to keep from growing. In New