Angelo Young

Is It Time to Break up Amazon?

Let’s get this over with first: It’s an understatement to say consumers love shopping on Amazon.com.

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Trump’s Bellicose Trade Rhetoric May Nix the Benefits of His Corporate Tax Cut and End the Second-Longest Expansion

Janet Yellen, the former head of the Federal Reserve who stepped down earlier this year, once declared that economic expansions don’t die of old age. Her remark has become a popular slogan among economists when they’re asked whether the U.S. is long overdue for a recession.

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America's Cities Are Screwed

From a bird’s-eye view, the U.S. economy is looking very expansionary. The jobless rate is at near record lows while gross domestic product is rising. Retail sales are up while a measure of confidence among small business owners just hit a 34-year high.

But as the adage goes, all economics is local. One part of the country can enjoy the fruits of national economic growth, while another languishes in opioid addiction, poverty and falling wages.

When it comes to municipal finances, the same rules apply. With 16 states and thousands of local public entities fiscally worse off than they were just before the Great Recession, the march toward higher interest rates and the threat of global trade wars with U.S. neighbors and allies could make things worse for struggling state and local governments.

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Will Medicare Be Dead in 8 Years?

If you want to know something that annoys the hell out of young working-age Americans, just look online at how much the media devotes to blaming them for their financial stresses.

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Why an AT&T Antitrust Victory Could Spark a Battle for Most of Rupert Murdoch’s Empire

Like the nemeses from a fantasy drama, a game of thrones is playing out in the world of digital media, and by summer we could witness an epic battle erupting between titans vying for control of a media kingdom currently ruled by Rupert Murdoch.

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The Trump Administration Is Making the Puerto Rico Tragedy Exponentially Worse

Seven days. That’s how long it’s been since Hurricane Maria made landfall in Puerto Rico, yet many communities are still stranded and waiting to receive any aid from the outside world.

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Even a Fox News Host Is Getting Death Threats After Criticizing Donald Trump

You know President Donald Trump has gone too far when even hosts at his favorite news channel think he’s gone too far. And the hosts themselves are learning quickly what it’s like to be on the receiving end of threats from hardcore members of Trump’s base.

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Donald Trump Is Afraid of Steve Bannon, and That's Why He Won't Fire Him: Report

Steve Bannon has built a lucrative career as an outspoken advocate and defender of white male privilege, but his strategy of pandering to the nation’s inner nationalist-racist demon that helped Donald Trump win the presidency is increasingly becoming a problem for the administration.

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Why Is Donald Trump Jr. Receiving National Security Documents?

Technically speaking, Donald Trump Jr. has no official government role, yet he apparently still receives sensitive White House documents — sometimes even before his father does.

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President Trump Is Now Trying to Suck up to Robert Mueller

In a sudden about-face, Trump has sent a warm message of “appreciation” to FBI special counsel Robert Mueller, who stepped down from his lucrative position at a Boston-based law firm to take on the role of investigating whether Russians colluded with the Trump campaign during the 2016 presidential race.

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