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Hands-on with the Famous Adult Business Suit Onesie, the Suitsy

I spent the last week gliding around San Francisco in the now infamous “suitsy,” an adult-sized pajama onesie disguised as a full business suit. At bars and in meetings, no one seemed to notice anything amiss. But, perhaps, I thought, this was because San Francisco is the home of weird attire, and my colleagues were just unfazed.

AP Photo/Richard Vogel

L.A. Minimum Wage to Hit $15 in 2020

On Wednesday, a Los Angeles City Council committee, determined to expedite the process of driving businesses out of state, endorsed a proposal raising the citywide minimum wage from its current $9 an hour to $15 an hour by 2020.

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Sherrod Brown Declines Opportunity to Apologize to Obama

Tuesday, Sen. Sherrod Brown (D-OH) said President Barack Obama was “disrespectful” toward Sen. Elizabeth Warren (D-MA) when he called her by her first name while criticizing her for opposing his fast track trade legislation. Wednesday on MSNBC’s “Morning Joe,” White House

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NBC’s Jansing: Dems Trade Block ‘Clearly Stinging Defeat’ for Obama

Wednesday on MSNBC’s “NewsNation,” NBC senior White House correspondent Chris Jansing discussed Senate Democrats on Tuesday  filibustering a President Barack Obama-supported fast-track trade legislation and said it was “clearly a stinging defeat” “Obviously this was a test of his clout

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Changing Times Require Change in Immigration Policies

Today’s economy isn’t creating enough jobs for those who are already here; in April more than one-third of Americans weren’t in the work force. So immigration, whether legal or illegal, is simply serving to hold down wages.

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Egg, Turkey Meat Prices Rise as Bird Flu Spreads

Prices for eggs and turkey meat are rising as an outbreak of bird flu in the Midwest claims an increasing number of chickens and turkeys. Market experts say grocery stores and wholesalers are trying to stock up on eggs, but there’s no need to worry about having enough turkeys for Thanksgiving.

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L.A. Homeless Numbers Climb 12%

LOS ANGELES — According to the Los Angeles Homeless Services Authority’s biennial report, the homeless population of the city and county of Los Angeles climbed 12% in the last two years as tents, makeshift dwellings and cars used by the homeless skyrocketed by 85%.

AP Photo/Dario Lopez-Mills

Federal Judge Rules Bank’s Fraud Caused the Financial Crisis

In a devastating precedent that could redefine history, a Manhattan federal judge ruled that Nomura Bank and Royal Bank of Scotland willfully misled Fannie Mae and Freddie Mac into purchasing mortgage bonds that contained numerous fraudulent misrepresentations and underwriting errors.

Barack Obama

A Free Trader’s Case for Skepticism on Obama’s Trade Deal

I believe in free trade. I think the evidence is compelling that the free flow of goods and services makes Americans better off and is a fundamental national interest. It also reduces global poverty and increases the potential for liberty worldwide. The costs to jobs in some industries can be partly addressed by job growth in others. So I am on board, in theory, for the Trans-Pacific Partnership and other deals, including with the EU. But I don’t think Obama has earned the trust for “fast-track.”

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Lowest Interest Rate in 500 Years: The New Morality of Debt

David Rosenberg, former Chief Economist for Merrill Lynch, recently made the comment that the current global interest rates, at below 2 percent, have only been this low once or twice in the last 500 years. The globalization cycle over the last two decades pushed up total world debt to $223.3 trillion, over three times the world GDP of about $75 trillion. But the current low rates indicate that individuals and corporations no longer have the moral willingness to take on more debt.

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Cap-and-trade Billions a Honey Pot for California Politicians

California’s cap-and-trade tax is creating a luscious honey-pot of cash to sooth state politicians’ spending fantasies. In expectation of the cash available from the “May Revised Budget” to be released this week, lawmakers and their interest-group fellow travelers are outlining ambitious proposals that include funding port improvements, paying for heavy-duty trucks and ferries, nurturing urban rivers, sponging up carbon in soil and increasing subsidies for bus riders.

Ben Carson

Dear Ben Carson: Call Me Maybe

Dr. Carson, I know you are smart, very smart. But you know medicine. You need very smart people to advise you on energy policy now, before you address the topic any further. I have a cadre of energy experts that I could make available to you—and any candidate who wants smart energy policy. Call me, maybe?

AP Photo/Michel Euler

Yahoo Ex-Employee Sued for Leaking Passwords for Marissa Mayer Book

Leaking information to reporters in Silicon Valley is an everyday occurrence. But a former employee at Yahoo is being sued for actually leaking passwords to confidential computer files inside the company to help a financial industry journalist write an unauthorized biography titled: “Marissa Mayer and the Fight to Save Yahoo!”

Barack Obama

Obama Working Against Democrats to Push ‘Fast-Track’ Trade Bill

On Tuesday, a bill designed to confer trade promotion authority on President Obama, known as “fast-track,” will come before the Senate. Obama and his administration have been working overtime to convince recalcitrant Democrats loyal to labor unions not to abandon him in the House and Senate and work with the GOP to defeat the bill

President Barack Obama gestures as he speaks at Lehman College in the Bronx borough of New York, Monday, May 4, 2015. Obama announced the creation of an independent nonprofit organization that is a spin off his "My Brother's Keeper" program, which works to give young men of color more opportunities through mentoring and business partnerships.

Obama’s Pathetic Hypocrisy on Trade

By now, it is beyond cliché to point out the many ways in which President Barack Obama abandons his former positions when they become politically inconvenient. His reversal on free trade, however, stands out because it is the one reversal that faces significant opposition from within his own party, and specifically from Sen. Elizabeth Warren (D-MA). Recently Obama said that “Elizabeth is a politician just like everybody else.” That would, presumably, include Obama himself.

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Vladimir Putin, Xi Jinping Sign Economic and Agricultural Agreements

It is Victory Day in Europe and Russia, but Russian President Vladimir Putin met with Chinese President Xi Jinping instead of celebrating with his World War II allies. The talks include agreements on the economy and energy as Russia continues to suffer under sanctions for the country’s invasion of Ukraine.