The first hit isn't always the best.

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Fake News and False Incentives

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The Economics of Clickbait

Maybe you don't get your news from dodgy websites run by Macedonian teens, but there's a good chance you know someone who does. The problem, Leonid Bershidsky says, is that journalists and advertisers can't agree on what they want from readers.

The Man Who Would Kill Dodd-Frank

The chairman of the House Financial Services Committee, Texas Republican Jeb Hensarling, wants to radically overhaul financial regulation -- and he stands a chance of being named Treasury Secretary. Paula Dwyer says he's right that the law needs fixing, but he'd be wrong to decimate it.

Undocumented Immigrants' Hopes Now Rest on Melania

Can the president-elect deport millions of people if his wife worked in the U.S. before she had the right papers? Of course. Will he? Francis Wilkinson has doubts.

Coal May Mount a Comeback, But Not a Big One

Donald Trump's pledge to "bring coal back" may give a lagging industry a boost, but Justin Fox says cheap natural gas and weak demand for steel will be difficult obstacles to overcome.

Stock-Picking Pros Beat the Indexers

Smart money managers consistently outperform the market, according to recent research, but that doesn't mean they're worth the price. Noah Smith explains why individual investors are still better off in passive funds.

Ritholtz’s Reads

  • How your brain decides without you (Nautilus)
  • As markets rally, should you still hold gold? (Financial Times)
  • Tech stocks have tumbled after the election. What gives? (Marketbeat)

(Read Barry Ritholtz’s full daily news roundup.)

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