Chart of the day: US oil output increased to a 44-year high in April, just slightly below November 1970 peak
America’s crude oil production increased in April to the highest level in 44 years, thanks to the shale revolution, which has reversed a 40-year decline in crude oil output in only about six years.
To explain why his website used a rainbow Twitter avatar to celebrate last Friday’s ruling, BuzzFeed editor Ben Smith said: “We firmly believe that for a number of issues, including civil rights, women’s rights, anti-racism, and LGBT equality, there are not two sides.”
Both of Thursday’s Supreme Court decisions were victories for the Obama administration and for the proposition that the executive branch can rewrite laws to say what they want them to say.
As an upstart party that has ruled India for only seven of its 68 years as an independent country, BJP would be foolish to believe that preserving the status quo will work for it.
Kevin Corinth casts doubts on the reported decrease in the number of homeless people living on America’s streets, showing that most of that reported decrease can be attributed to changing counting methodologies and drastic underreporting.
Though US shows of force like the dragoon ride through the Baltics and a proposed European F-22 deployment are a step in the right direction, rotating presence is no substitute for permanent force presence.
In its major elements and its ethos, the passage of Obamacare was a triumph of the legislative effort that Hillary Clinton launched in 1993. And Hillarycare, in turn, can tell us a great deal about where she likely thinks Obamacare should go from here.
What’s a family man to do to keep his marriage strong when she earns more? How can a breadwinner wife best keep the love alive? Four keys help make for happy marriages among today’s families.
A bipartisan coalition in the House of Representatives introduced a bill that would repeal the ban on a federal student unit record system, thus providing students and parents with vital information on earnings and loan repayment rates from institutions and individual programs.
The rule likely should be simple: Machines should always be a tool for humans. Society should keep them in their proper station. But interpreting that rule and executing it properly is — please pardon the phrase — where the rubber hits the road.
The claim that mortgage credit is very tight for all but pristine borrowers has been repeated so often by respected policymakers and economists that it is now taken as fact. This characterization of today’s mortgage market, however, is misleading.