Quelle Surprise: UK’s Online Age Verification Law Triggers Explosion in Demand for VPNs

As much as it saddens me to say, it looks like we were right: online age verification is being used as a Trojan horse for the mass rollout of digital identity systems. Last Friday (July 25), the Starmer government took a historic step by making age verification checks mandatory for accessing pornography and other supposedly […]

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Chronically Ill? In RFK Jr.’s View, It Might Be Your Own Fault

Yves here. The implicit RFK, Jr. position is maddening. Yes, artificial food dyes are probably not good for health and should be eliminated. But how significant is the health cost of these food additives, which consumers intake at different levels, versus, say, pesticides, air pollution (mercury!) and other chemicals? The chemical intake burden is significantly

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Guest Contribution: “Trump’s Taylor Rule”

Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers, and Sohaib Nasim.  A shorter version appeared at Project Syndicate.  Donald Trump has now gone beyond his usual norm-busting habits in his criticism of Federal Reserve

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Trump asks drugmakers to cut U.S. prices within 60 days

U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room

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State of the Macroeconomy: GDP, Key Indicators as of 7/31

Following up on Jim’s post on the GDP release yesterday, looking at different aspects of economic activity: Quarterly Indicators First, ignoring the self-congratulatory remarks of CEA47, consider the level of GDP relative to the 2024H2 trend: Figure 1: GDP fm Q2 advance (bold black), GDPNow of 7/29 (light blue square), Bloomberg consensus as of 7/29

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How wealthy yacht buyers plan to avoid the European tariffs

Superyachts in Port Hercules, Monaco. John Lamb | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. American boat buyers and European shipyards are scrambling to

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JPMorgan marks 1,000th branch opening since 2018 expansion plans

A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total.  The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a

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Unexpected China Factory Contraction Confirms Deflationary Headwinds, Overcapacity

Anti-globalists and China bulls fiercely resist the idea that China can do much of any wrong. And China is certainly better led that the US and has had a simply extraordinary economic run. However, China’s leaders, from Xi Jinpeng on down, are admitting to something they had fiercely denied was happening: that China’s answer to

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