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Consider GDP. In October, the Commerce Department announced - to rejoicing in the media, on Wall Street and in the White House - that the economy had grown at a 3.5% annual pace in the third quarter. By late December, GDP had been revised downward to a less impressive 2.2%, and revisions to come could ratchet it down even more (or revise it back up). The first fourth-quarter GDP estimate comes out Jan. 29. Some are saying it could top 5%. If it does, should we really believe...
Despite last year’s shock to the endowment, Harvard’s endowment returns over the past 10 years have beaten those of university endowments on average, according to figures from NACUBO’s report. Harvard’s endowment has grown 8.9 percent since 1999, while the average university endowment netted a 4 percent gain...
Novey, who was involved in the Obama campaign, said that he and other supporters had grown “a little concerned and disappointed” in recent months, as the administration struggled to deliver on its ambitious plans. But he said that the speech resonated with his frustrations, particularly in moments when Obama exhorted Republicans to commit to reaching across the aisle...
...He’s an artist that our generation has grown up on,” he said. “We’re just very excited to have him here...
Catania acknowledges that the policy details still have to be worked out - how many dispensaries to allow, whether they'll be nonprofit or private, for which diseases prescription pot will be available, where the stuff will be grown. He leans toward more restrictive implementation, knowing that any legal-weed law can be struck down by future governments. "The voters approved the medical use of marijuana, not the recreational use of marijuana," he says. "The more professional and controlled and evidence-based our system is, the greater likelihood it will be sustained going forward...