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David Beckham: A Superstar Brand Retires

Reuters

News, Analysis and Opinion

IRS Scandal: Let the Axe Fall on Lois Lerner

DAVID CAY JOHNSTON | May 17, 2013

Why is Lois G. Lerner still on the taxpayer’s payroll? Lerner is the director of exempt organizations whose...

The IRS Scandal: Who's Next on the Chopping Block?

STAFF, TheWeek.com | May 17, 2013

A new Gallup poll found that "slim majorities" of Americans are very or somewhat closely following two...

Millennials Hit the Brakes on 60-Year Driving Boom

THE STAFF, Reuters | May 17, 2013

Americans are driving less than they used to because of higher gasoline prices, a weak economy and changing...

IRS Health Care Exec at Center of Scandal

BRIANNA EHLEY, The Fiscal Times | May 17, 2013

The Internal Revenue Service official who was in charge of the division that targeted Tea Party groups is now in...

Wal-Mart, Bangladesh and the Real Cost of Cheap Clothes

SUZANNE MCGEE, The Fiscal Times | May 17, 2013

The online petitions are multiplying, as consumers worldwide react with shock and horror to last month’s deaths...

22 Tips Learned from 9 Years of 'The Office'

STAFF, TheWeek.com | May 16, 2013

After nine seasons, more than 200 episodes, dozens of epic pranks, a watercooler-buzz-seizing romance, a...

Second Official Leaves IRS as New Acting Head Takes Over

STAFF, CNBC | May 16, 2013

U.S. President Barack Obama on Thursday chose a White House budget official to lead the beleaguered Internal...

Why Angelina Jolie Paid Too Much for the Test That Saved Her Life

YUVAL ROSENBERG, The Fiscal Times | May 16, 2013

Angelina Jolie’s decision to undergo a preventive double mastectomy has shone the actress's megawatt starpower on...

Data Debunks IRS’s Explanation of Extra Scrutiny

DOUG DONOVAN, Chronicle of Philanthropy | May 16, 2013

Applications for tax exemption from advocacy nonprofits had not yet spiked when the Internal Revenue Service...

GOP Dubious over Obama Pledge to ‘Fix’ IRS

JOSH BOAK, The Fiscal Times | May 16, 2013

Faced with the IRS, Associated Press, and Benghazi controversies, President Obama tried to reintroduce himself...

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5 Questions For...

D.J. Patil
Chief Data Scientist, Greylock Partners

"How is big data changing the way business captures customers? "

"Data science now has a front seat. Consider the success of ‘Moneyball’ and of election predictions. We’ve gone from targeting customers to building data products to benefit customers – like Google’s self-driving car. "
"Tell us something we don't know about a data scientist’s job."

"The most powerful skill of a great data scientist is the ability to create a narrative. Data by itself is cold. It’s the human that makes it come alive and be useful. "
"What excites you most about the field? "

"The ability to improve people’s lives, as in forecasting Hurricane Sandy. People are also using data to better track their health. There are advances in genomic analysis, too. "
"What concerns you most about this field? "

"We’re in an arms race against those who would breach security systems. There are very sophisticated data products out there. We need to better discuss privacy and the appropriate use of data by the government. "
"Best way to prepare the data scientists of the future? "

"Students need a great foundation in math, statistics, computer science. Domain expertise is also required. They also need to have another multidisciplinary area – biology or physics, for example. "

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Cartoons

“He said that he is socially liberal and fiscally conservative, but what he meant is that he sleeps around and is cheap.”
“You’re in luck, in a way. Now is the time to be sick – while Medicare still has some money.”
“Will this be cash or consumer debt?”
“Is there a history of recession in your family?”
“Something sleek and recessionproof, Edward”
“Well, so long, Eddie. The recession’s over.”
“I need some short-term economic stimulus.”

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Quote of the Day

[The AP violation] is a matter of policy. To say that there was “no knowledge of this” in the White House is false. This goes to the President and the people around him.