Monthly Archives: May 2017

The Rockets Shoot From Outer Space

Houston has changed the NBA by finding a way to take more 3-pointers: take longer 3-pointers.

James Harden wanted to shoot longer 3-pointers. The Houston Rockets followed his lead this season. Photo: Harry How/Getty Images

By Ben Cohen
May 1, 2017

HOUSTON—The original idea to defy basketball doctrine came from James Harden. Not long after the Houston Rockets traded for him, they learned that Harden was an iconoclast. He liked shooting 3-pointers. Very long 3-pointers.

“What do you think?” he said to Houston general manager Daryl Morey.

He picked the right person to ask. Morey understood the importance of studying data before making decisions, and what he saw when he examined the numbers was surprising: Harden’s shooting percentage didn’t suffer on 3-pointers taken two feet or more behind the line. Most executives would’ve thought Harden was nuts. Morey thought he was onto something.

Read the full article here.

U.S. Consumer Spending Rises After Inflation, While Prices Drop in March

Without accounting for inflation, spending was flat

Americans’ spending is expected to pick up this spring due largely to rising incomes. Photo: Julie Jacobson/Associated Press

By Josh Mitchell

Updated May 1, 2017 5:30 p.m. ET

WASHINGTON—Americans’ spending grew steadily in March after accounting for inflation, positioning the economy to rebound from another winter slowdown.

But consumer prices fell, a sign of underlying weakness that could give the Federal Reserve pause as it considers further increases in its benchmark interest rate.

Personal consumption, a measure of what households spent on everything from groceries to dental care, rose 0.3% after inflation, the Commerce Department said Monday. That followed two months of declines.

Without accounting for inflation, spending was flat.

Read the full article here.