On Wednesday, Facebook released data on its performance in the first quarter of 2014, and the results were very impressive. The social network has succeeded in monetizing its enormous audience, having generated $642 million in profit on $2.5 billion in sales. The expectation is that Facebook profits will amount to 25 cents per share, quite a bit more than the 9 cents per share it generated last year.
At first glance, Cliven Bundy, the Nevada cattle-rancher who has been fighting the Bureau of Land Management tooth and nail for over twenty years, might strike you as an anti-government radical. He has, after all, led an armed rebellion against federal land managers, who contend that he owes over $1 million in back fees, penalties and other costs for grazing his cattle on federal land.
Friday’s Labor Department data shows an uptick in jobs, but an unemployment rate that remained steady from February to March. While the size of the labor force is increasing, the economy is not strong enough to get all would-be workers off the sidelines and into jobs.