CNBC: Falling oil prices could prompt world leaders to agree on production policy at G-20 summit, analysts say

CNBC: Falling oil prices could prompt world leaders to agree on production policy at G-20 summit, analysts say https://www.cnbc.com/2018/11/28/oil-prices-g-20-summit-could-see-world-leaders-agree-on-policy-ahead-of-opec-meeting.html

https://www.gasbuddy.com/Charts?_ga=2.154600440.1340128259.1543415746-613881047.1543415746

G20 https://en.wikipedia.org/wiki/G20

CNBC: Climate change will cost economy hundreds of billions of dollars, government says in sweeping report

CNBC: Climate change will cost economy hundreds of billions of dollars, government says in sweeping report
https://www.cnbc.com/2018/11/23/us-report-says-climate-change-will-batter-economy-in-clash-with-trump.html

NC: State summary: https://statesummaries.ncics.org/nc

https://science2017.globalchange.gov/chapter/executive-summary/

NBER working paper: Who Profits from Patents? Rent-Sharing at Innovative Firms

https://www.nber.org/papers/w25245

Who Profits from Patents? Rent-Sharing at Innovative Firms

Patrick Kline, Neviana Petkova, Heidi Williams, Owen Zidar

NBER Working Paper No. 25245
Issued in November 2018
NBER Program(s):Labor Studies, Productivity, Innovation, and Entrepreneurship 

This paper analyzes how patent-induced shocks to labor productivity propagate into worker compensation using a new linkage of US patent applications to US business and worker tax records. We infer the causal effects of patent allowances by comparing firms whose patent applications were initially allowed to those whose patent applications were initially rejected. To identify patents that are ex-ante valuable, we extrapolate the excess stock return estimates of Kogan et al. (2017) to the full set of accepted and rejected patent applications based on predetermined firm and patent application characteristics. An initial allowance of an ex-ante valuable patent generates substantial increases in firm productivity and worker compensation. By contrast, initial allowances of lower ex-ante value patents yield no detectable effects on firm outcomes. Patent allowances lead firms to increase employment, but entry wages and workforce composition are insensitive to patent decisions. On average, workers capture roughly 30 cents of every dollar of patent-induced surplus in higher earnings. This share is roughly twice as high among workers present since the year of application. These earnings effects are concentrated among men and workers in the top half of the earnings distribution, and are paired with corresponding improvements in worker retention among these groups. We interpret these earnings responses as reflecting the capture of economic rents by senior workers, who are most costly for innovative firms to replace.

CNBC: Brexit basics: Key points from the draft deal

Brexit basics: Key points from the draft deal
https://www.cnn.com/2018/11/15/uk/brexit-deal-key-policy-takeaways-intl-gbr/index.html

CNBC: US wholesale prices jump 0.6% in Oct, the most in 6 years

US wholesale prices jump 0.6% in Oct, the most in 6 years https://www.cnbc.com/2018/11/09/us-ppi-oct-2018.html

CNBC: US online spending set to rise 14.8% in 2018 holiday season

https://www.cnbc.com/2018/11/01/us-online-spending-set-to-rise-in-2018-holiday-season.html

CNBC: Chart shows how everything has changed since Trump became president

CNBC: Chart shows how everything has changed since Trump became president: https://www.cnbc.com/2018/10/20/chart-shows-how-everything-has-changed-since-trump-became-president.html

CNBC: Chipotle shares rise after RBC upgrades the stock and predicts 20% rally

CNBC: Chipotle shares rise after RBC upgrades the stock and predicts 20% rally https://www.cnbc.com/2018/10/22/chipotle-stock-to-pop-as-new-foods-digital-platforms-revive-brand.html

CNBC: US named the world's most competitive economy

US named the world's most competitive economy https://www.cnbc.com/2018/10/17/us-named-the-worlds-most-competitive-economy.html

Why Everyone Must Get Ready For The 4th Industrial Revolution https://www.forbes.com/sites/bernardmarr/2016/04/05/why-everyone-must-get-ready-for-4th-industrial-revolution/#1a0ef5a3f90b

Fourth Industrial Revolution https://en.wikipedia.org/wiki/Fourth_Industrial_Revolution

CNBC: This map shows all the locations Sears once operated and what it has left today

CNBC: This map shows all the locations Sears once operated and what it has left today https://www.cnbc.com/2018/10/15/sears-is-closing-another-142-stores-heres-a-map-of-the-locations-it-has-left.html

CNBC: Here's where the jobs are — in one chart

Here's where the jobs are — in one chart https://www.cnbc.com/2018/10/05/heres-where-the-jobs-are--in-one-chart.html

CNBC: Guggenheim upgrades McDonald's, says restaurant revamp will send stock to $200 next year

McDonald's financials:

CNBC: Guggenheim upgrades McDonald's, says restaurant revamp will send stock to $200 next year: https://www.cnbc.com/2018/10/10/guggenheim-mcdonalds-restaurant-revamp-will-become-a-tailwind-in-2019.html

USMCA - United States - Mexico - Canada Agreement

https://en.wikipedia.org/wiki/United_States%E2%80%93Mexico%E2%80%93Canada_Agreement

Here are some key differences between Trump's new trade deal and NAFTA https://www.cnbc.com/2018/10/01/new-trump-trade-deal-leaves-nafta-largely-intact.html

CNN: Trump's trade war with China just got a whole lot bigger

CNN: Trump's trade war with China just got a whole lot bigger https://www.cnn.com/2018/09/23/politics/trump-trade-war-china/index.html

Hurricane Florence

2018-09-09
https://www.wunderground.com/cat6/Hurricane-Florence-Expected-Rapidly-Intensify-Serious-Rainfall-Threat-US-East-Coast?cm_ven=hp-slot-1

https://www.accuweather.com/en/hurricane/atlantic/florence-2018

Wage growth in August and "new" measure by White House

https://www.cbsnews.com/news/job-growth-surged-in-august-as-economy-hit-the-gas-201000-jobs-added/

https://www.cnbc.com/2018/09/05/white-house-says-wages-are-growing-faster-than-traditional-measures-indicate.html

https://www.npr.org/2018/09/07/645665366/white-house-releases-new-measure-for-wage-growth-breaking-with-labor-department

Europe vs. US Debt/GDP ratio and GDP growth

https://tradingeconomics.com/united-states/government-debt-to-gdp

https://www.bloomberg.com/news/articles/2018-09-05/it-s-not-just-italy-these-are-europe-s-other-smaller-budget-headaches

US and Mexico tentative agreement

https://globalnews.ca/news/4413740/nafta-canada-auto-industry/

https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/august/modernizing-nafta-be-21st-century#

CNBC: Boom! US economy logs best performance in nearly 4 years

Boom! US economy logs best performance in nearly 4 years https://www.cnbc.com/2018/08/29/second-estimate-of-q2-2018-gdp.html

http://mam.econoday.com/byshoweventfull.asp?fid=485682&cust=mam&year=2018&lid=0&prev=/byweek.asp#top

Historical GDP
https://tradingeconomics.com/united-states/gdp-growth

North American Free Trade Agreement - Statistics & Facts https://www.statista.com/topics/3464/north-american-free-trade-agreement/

https://www.statista.com/topics/3464/north-american-free-trade-agreement/

Import: https://www.statista.com/statistics/186601/ranking-of-the-largest-trading-partners-for-us-imports-in-2010/

Export https://www.statista.com/statistics/186592/ranking-of-the-largest-trading-partners-for-us-exports-in-2010/

CNBC: Market milestone: This is the longest bull run in history

Market milestone: This is the longest bull run in history https://money.cnn.com/2018/08/22/investing/bull-market-longest-stocks/index.html?section=money_news_economy

CNBC: Here's how much debt Americans have at every age

https://www.cnbc.com/2018/08/20/how-much-debt-americans-have-at-every-age.html

Bloomberg: Why Trade Deficits Don’t Always Mean What Trump Says They Do

https://www.bloomberg.com/news/articles/2018-08-20/why-trade-deficits-aren-t-the-bogeyman-trump-thinks-quicktake?srnd=new-economy-forum

How Microsoft Makes Money? Understanding Microsoft Business Model

How Microsoft Makes Money? Understanding Microsoft Business Model

https://revenuesandprofits.com/how-microsoft-makes-money-understanding-microsoft-business-model/

CNBC: Historically low unemployment looks great, but April's jobs report carries a warning

CNBC: Historically low unemployment looks great, but April's jobs report carries a warning: https://www.cnbc.com/2018/05/04/historically-low-unemployment-looks-great-but-aprils-jobs-report-carries-a-warning.html

DOJ: Antitrust lawsuit against ATT acquisition of Time Warner

https://www.nytimes.com/2017/11/20/business/dealbook/att-time-warner-merger.html
https://www.justice.gov/opa/pr/justice-department-challenges-attdirectv-s-acquisition-time-warner

CNBC: Small-business hiring falls to lowest level in over 7 years

CNBC: Small-business hiring falls to lowest level in over 7 years: https://www.cnbc.com/2018/04/03/paychex-report-small-business-hiring-falls-to-lowest-in-over-7-years.html

CNBC: Weekly mortgage applications rise even as rates increase

CNBC: Weekly mortgage applications rise even as rates increase https://www.cnbc.com/2018/03/28/weekly-mortgage-applications-rise-even-as-rates-increase.html

CNBC: Leading indicators up 0.6% in February, vs. expectations for 0.4% gain

CNBC: Leading indicators up 0.6% in February, vs. expectations for 0.4% gain https://www.cnbc.com/2018/03/22/leading-indicators-february.html

http://mam.econoday.com/byshoweventfull.asp?fid=486207&cust=mam&year=2018&lid=0&prev=/byweek.asp#top

About leading indicators and why investors care:
http://mam.econoday.com/byshoweventfull.asp?fid=486207&cust=mam&wiconly=1&lid=0#top

CNBC: Facebook stock drops after reports of FTC probe and UK summons of Zuckerberg in data scandal

Facebook stock drops after reports of FTC probe and UK summons of Zuckerberg in data scandal
https://www.cnbc.com/2018/03/20/ftc-reportedly-to-investigate-facebooks-use-of-personal-data.html

US Producer Price Index down 0.2% in Feb, vs 0.1% increase expected

https://www.cnbc.com/2018/03/14/us-producer-price-index-february-2018.html

http://mam.econoday.com/byshoweventfull.asp?fid=485737&cust=mam&year=2018&lid=0&prev=/byweek.asp#top

PPI-FD

Released On 3/14/2018 8:30:00 AM For Feb, 2018 Prior Consensus Consensus Range Actual PPI-FD - M/M change 0.4 % 0.2 % 0.0 % to 0.5 % 0.2 % PPI-FD - Y/Y change 2.7 % 2.8 % PPI-FD less food & energy - M/M change 0.4 % 0.2 % 0.1 % to 0.3 % 0.2 % PPI-FD less food & energy - Y/Y change 2.2 % 2.5 % PPI-FD less food, energy & trade services - M/M change 0.4 % 0.3 % 0.2 % to 0.3 % 0.4 % PPI-FD less food, energy & trade services - Y/Y change 2.5 % 2.7 %

Highlights Prices at the wholesale level proved soft in February, up an as-expected 0.2 percent and down from January's 0.4 percent gain. Year-on-year, producer prices rose 1 tenth to 2.8 percent which is still down from the 3.1 percent rate hit late last year. Goods prices fell 0.1 percent in February with energy also down as well as food which shows an unusual 27 percent monthly plunge for wholesale vegetables. Trade service prices fell 0.2 percent for the second decline in three months in closely watched results that point to weakness. Construction prices managed only a 0.1 percent February gain with finished goods prices for light trucks, cars and computers all falling sharply. However much price readings may be soaring in reports like the Philly Fed or the ISM, today's results, which follow yesterday's consumer price report and last week's average hourly earnings data, confirm the month of February as a subdued one for inflation. Accelerating inflation won't be an immediate issue at next week's FOMC meeting.

Consensus Outlook Boosted by increases in service prices, producer prices resumed their march higher in January though forecasters are calling for moderating increases in February. The headline consensus is plus 0.2 percent. Less food and energy is seen up 0.2 percent with less food, energy and trade services expected to rise 0.3 percent.

Definition The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measures the average change over time in the prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. Effective with the January 2014 PPI data release in February 2014, BLS transitioned from the Stage of Processing (SOP) to the Final Demand-Intermediate Demand (FD-ID) aggregation system. The headline PPI (for Final Demand) measures price changes for goods, services, and construction sold to final demand: personal consumption, capital investment, government purchases, and exports.  Why Investors Care

With the redefined and expanded PPI Final Demand series, energy still creates monthly volatility. However, services and construction have softened the headline and core numbers. Data Source: Haver Analytics

A sluggish economy in 2013 and 2014 slowed inflation at the producer level. Data Source: Haver Analytics

Bloomberg: This Trade War Won't Be Won With Better Technology

This Trade War Won't Be Won With Better Technology: https://www.bloomberg.com/gadfly/articles/2018-03-07/tech-superiority-won-t-help-the-u-s-win-a-trade-war

Bloomberg: Millennials Buck the Wealth Trend

Millennials Buck the Wealth Trend https://www.bloomberg.com/news/articles/2018-02-20/millennials-buck-the-wealth-trend

Newsweek: THE GOVERNMENT WON'T FUND RESEARCH ON GUN VIOLENCE BECAUSE OF NRA LOBBYING

THE GOVERNMENT WON'T FUND RESEARCH ON GUN VIOLENCE BECAUSE OF NRA LOBBYING http://www.newsweek.com/government-wont-fund-gun-research-stop-violence-because-nra-lobbying-675794

https://en.wikipedia.org/wiki/Dickey_Amendment_(1996)

Recent research: http://dhss.delaware.gov/dhss/dms/files/cdcgunviolencereport10315.pdf

Bloomberg: Trump’s $4.4 Trillion Budget Boosts Defense With More Red Ink

Bloomberg: Trump’s $4.4 Trillion Budget Boosts Defense With More Red Ink
https://www.bloomberg.com/news/articles/2018-02-12/trump-s-4-4-trillion-budget-boosts-defense-with-more-red-ink?utm_content=politics&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-politics

FRED data: Federal Debt: Total Public Debt as Percent of Gross Domestic Product

https://fred.stlouisfed.org/series/GFDEGDQ188S

About what should should be the level of Federal Debt
https://fredblog.stlouisfed.org/2017/02/two-tales-of-federal-debt/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog

Bloomberg: It’s Alive! Or Is It? Economists Spar on Inflation Frankenstein

It’s Alive! Or Is It? Economists Spar on Inflation Frankenstein https://www.bloomberg.com/news/articles/2018-02-08/it-s-alive-or-is-it-economists-spar-on-inflation-frankenstein

CNBC: The U.S. Drops Out of the Top 10 in Innovation Ranking

The U.S. Drops Out of the Top 10 in Innovation Ranking https://www.bloomberg.com/news/articles/2018-01-22/south-korea-tops-global-innovation-ranking-again-as-u-s-falls

Bloomberg: Global Risk Briefing

https://www.bloomberg.com/graphics/global-risk-briefing

Bloomberg: Income Inequality in selected countries

https://www.bloomberg.com/quicktake/income-inequality

GDP for 4th quarter 2017

http://www.econoday.com/economic-calendar.aspx

Boomberg: White House Declares Open Season on the Dollar at Davos

White House Declares Open Season on the Dollar at Davos https://www.bloomberg.com/news/articles/2018-01-24/white-house-seen-declaring-open-season-on-dollar-at-davos

Dollar Extends Drop on Draghi; U.S. Stocks Mixed: Markets Wrap https://www.bloomberg.com/news/articles/2018-01-25/asian-stocks-head-lower-as-davos-talk-roils-dollar-markets-wrap

Bloomberg: Americans Cheer Their Economy. Their President, Not So Much

Americans Cheer Their Economy. Their President, Not So Much https://www.bloomberg.com/news/articles/2018-01-23/americans-cheer-their-economy-their-president-not-so-much

CNN: Government Shutdown

About Government shutdown
http://mailchi.mp/cnn/everything-you-need-to-know-about-the-government-shutdown?e=774909b1ac