The stock market has made gains at rates that are several multiples more than the growth of the real economy for three years running. Investor euphoria is always a sign of danger ahead, but this time there are other special factors signaling a pending crash.
Why did Warner Bros., a critical darling and commercial juggernaut, publicly auction itself off—and why is it now caught in a bidding war between Netflix, with which Warner Bros. agreed to a merger last week, and Paramount, which made a hostile takeover bid on Monday?
A for-profit virtual education company accused of defrauding investors and other harms is set to run a new school at an immigration prison in Texas, according to job advertisements. The establishment of a school is an effort to sanitize the extended detention of hundreds of children.
The persecution of undocumented immigrants has affected and will continue to affect U.S.-born individuals, particularly members of marginalized groups. It is not only Hispanic people with legal status who may be affected by immigration enforcement activity: Black people, regardless of immigration status, are vulnerable.
The Trump administration’s Mafia-style effort to force Indiana to gerrymander their Congressional maps has gone down to a resounding defeat in the state Senate. The failure came despite a menacing push by President Trump and his political allies.
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The war on veterans
David Dayen,Suzanne Gordon, and Steve Early discuss attacks on veterans’ health care and veterans’ disability benefits. You can catch the Weekly Roundup live every Fridayat12:30 PM ET/9:30 AM PT, or watch it back anytime on our YouTube channel.
The American Prospect
