One of the big themes running through the Fed’s Jackson Hole conference that wrapped last weekend: whoa, there. Just take it easy. It’s time for legislatures to kick government spending into high gear—not for central bankers to play around with interest rates any more – NYTimes and Bloomberg
Insiders are expecting a “flood of share debuts” around Labor Day to help give a shot in the arm to the otherwise “anemic” 2016 IPO market – WSJ
If you’ve been watching much of any TV these days, you’ve likely seen GE’s efforts to recast itself as a tech start-up as much as it is a manufacturing company. Here’s the backstory – NYTimes
PwC’s reportedly reached a midtrial settlement over claims brought by the trustee for Taylor Bean accusing the accounting giant of enabling a $5.5 billion fraud at the bankrupt mortgage lender – Law360 and WSJ
How nervous markets anticipating a crash have helped push tech start-ups to streamline – NYTimes
News last week that activist archrivals Carl Icahn and Bill Ackman were in talks over the sale of Icahn’s Herbalife shares raised more than a few eyebrows given the rocky history between the two. Now there’s even more intrigue, with Icahn denying the offer was made in the first place – NYTimes and WSJ
Yale’s Robert Shiller on the societal (and physical) dangers of extreme economic inequality – NYTimes
Big Data’s serious threat to free will may prove more intense than any religious belief or government surveillance. The main takeaway: “Once Big Data systems know me better than I know myself, authority will shift from humans to algorithms.” Yikes – Financial Times