Supreme Court rules that states can shake down out-of-state online sellers

“The ruling is likely to lead states to try to collect sales tax on purchases from out-of-state online businesses more aggressively.”

Read more: https://www.cnbc.com/2018/06/21/supreme-court-rules-that-states-can-force-online-shoppers-to-pay-sales-tax.html

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WeGrow: A New School To Help 5-Year-Olds Pursue Their Life’s Purpose

“WeWork’s vast network of creatives and entrepreneurs, Neumann hopes, can help WeGrow students cultivate their passions.”

Read more: https://www.fastcompany.com/40489360/wework-founder-hopes-her-new-school-will-help-5-year-olds-pursue-their-lifes-purpose

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The Company Making Billions Off China’s Worried Parents

“Ivy League strivers in the U.S. may think they have it tough with their Advanced Placement tests and résumé-polishing community service. But they have nothing on the offspring of China, where a ticket to prosperity boils down to a couple of exams that have been known to induce breakdowns or even suicides: a high school entrance exam, the Zhongkao, and a college test, the Gaokao.”

Read more: https://www.bloomberg.com/news/articles/2018-06-14/test-prep-giant-tal-makes-billions-from-china-s-worried-parents

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The Bacteria Babies Need

“If you live in the industrialized world, you probably can’t pass B. infantis on to your baby. Not even if you give birth vaginally, breast-feed exclusively and eat well.”

Read more: https://www.nytimes.com/2018/06/17/opinion/babies-bacteria-breastfeeding-formula.html

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Amazon-owned Whole Foods ‘temporarily’ halts GMO labeling program

“Five years ago, Whole Foods first announced its plans to adopt stringent mandatory labeling on products containing GMOs by 2018.”

Read more: https://www.foxbusiness.com/features/whole-foods-halts-plan-to-require-mandatory-gmo-labeling.amp

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Naturalized Americans No Longer Have an Assumption of Permanence

“Like a number of practices, including mass deportations, it builds on the legacy of the Obama Administration, which set in motion the process of reëxamining old naturalization files.”

Read more: https://www.newyorker.com/news/our-columnists/in-america-naturalized-citizens-no-longer-have-an-assumption-of-permanence

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Russia cuts Treasury holdings in half as foreigners lose appetite for US debt

“Finding buyers for government debt has become increasingly important since the Federal Reserve halted its bond-buying program in October 2016 after swelling its holdings to more than $4.2 trillion.”

Read more: https://www.cnbc.com/2018/06/18/russia-cuts-treasury-holdings-in-half-as-foreigners-start-losing-appetite-for-us-debt.html

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Fresh Trump tariff threats against China now target $200 billion in goods

“Beijing vowing to retaliate ‘forcefully’ against President Donald Trump’s vow to slap duties on another $200 billion in Chinese imports.”

Read more: https://www.bloomberg.com/news/articles/2018-06-18/trump-targets-another-200-billion-in-china-goods-as-spat-grows

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Bill Bonner: Ike was right!

“There were two big temptations to the American Republic of the 1950s; subsequent generations gave in to both of them.”

Read more: https://bonnerandpartners.com/ike-was-right/

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Thanks To Equity Boom, Millionaires Now Control Half of the World’s Personal Wealth

“China trails only the U.S. in the number of millionaires and billionaires.  Globally, the ranks of the ultra-rich are expected to reach 671,000 by 2022.”

Read more: https://www.bloomberg.com/news/articles/2018-06-14/millionaires-now-control-half-of-the-world-s-personal-wealth

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