What Trump Misunderstands About Why Stocks Fluctuate

On Wednesday morning, President Donald Trump—chief executive of a $ 19 trillion economy, leader of the free world, commander of a nuclear military force—finally weighed in on the stock market’s sudden decline, by arguing with it. “In the ‘old days,’ when good news was reported, the Stock Market would go up,” he wrote on Twitter. […]

Trump Misunderstands Jay-Z, and the Black Community

Capitalism has worked out really well for Jay-Z. So well in fact, that he recently dedicated an entire song to promoting capitalism as a tool of black empowerment. But even with promises of lowered taxes, and financial incentives for the wealthy—things that a wealthy capitalist should in theory love— Sean “Jay-Z” Carter still doesn’t think […]