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Xbox Gaming Segment Gets Another Boost Thanks to Activision Blizzard
Microsoft’s gaming revenue climbed significantly year over year, according to its Q3 earnings report. But the massive jump in takings is deceptive — most of it is just reflective of the addition of Activision Blizzard.
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Yen Drops to Fresh 34-Year Low as BOJ Keeps Key Rate Unchanged
The yen weakened after an initially choppy response to the Bank of Japan keeping its key interest unchanged.
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BOJ Holds Rates, Drops Monthly Bond Buying Reference Figure
The Bank of Japan held its interest rate settings steady after a two-day meeting that took place after the yen hit a fresh 34-year low earlier this week.
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Hong Kong Bourse Regains Favor on Hopes of a Market Revival
Hong Kong Exchanges and Clearing Ltd. is having its best week in years.
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Growth-Plus-Inflation Economy Is a ‘Lose-Lose’ for Biden
The latest good news and bad news about the US economy is just plain bad news for Joe Biden.
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Marcos Deepfake Fanning China Tensions Linked to ‘Foreign Actor’
A “foreign actor” is likely behind deepfake content that made Philippine President Ferdinand Marcos Jr. sound like he’s urging military action against China, according to his communications office.
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Presidential Bribery and the Clear Statement Rule in Trump v. United States: Revisiting Issues From The First Trump Impeachment and the Mueller Investigation
Today the Supreme Court heard oral argument in Trump v. United States, the presidential immunity case. Much of the argument concerned issues left unresolved during the Trump presidency. First, during the Mueller investigation, it was alleged that Trump violated the federal obstruction of justice statute. I, and others, countered that a criminal statute should only […]
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SCOTUS Weighs the Risk of Presidential Timidity Against the Risk of Presidential Impunity
Without “absolute immunity” from criminal prosecution for their “official acts,” Donald Trump’s lawyer told the U.S. Supreme Court on Thursday, presidents will be afraid to do their jobs. “If a president can be charged, put on trial, and imprisoned for his most controversial decisions as soon as he leaves office, that looming threat will distort […]
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Texas Public Colleges Crack Down on Peaceful Anti-Israel Protests
As pro-Palestine demonstrations erupt at college campuses across the nation, several public colleges in Texas have come under fire for cracking down on peaceful protests. While public universities are bound by the First Amendment, a March executive order by Gov. Greg Abbot forces colleges to suppress antisemitic speech, seemingly motivating some of the universities’ responses […]
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New Evidence that Making Legal Migration Easier Reduces Illegal Border Crossings
(Miguel Juarez Lugo/ZUMAPRESS/Newscom) I and others have long argued that making legal migration easier is the best way to reduce disorder at the border. To a large extent, this basic Economics 101: if a much-coveted good or service is banned or severely restricted, that predictably creates a large black market. Thus, just as alcohol prohibition […]
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