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| | www.cleveland19.com
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| | Donald Trump was elected the 47th president of the United States on Wednesday.
| | www.madeinalabama.com
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| | Alabama officials praised Hyundai's economic impact, job creation and commitment to quality at its Montgomery auto plant.
| | www.chrisritchie.org
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| | PLTN, SPCE, and RIDE. I watch the China Hustle (recommend!) and some video games are played.
| | www.moneyandbanking.com
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| "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v...