Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.
Democrats persuade a slim majority to approve the centerpiece of President Biden’s economic agenda, though the bill now faces an evenly divided Senate.
A federal judge on Monday issued a nationwide injunction on President Joe Biden’s executive order to halt oil and gas operations on all federal lands in the name of fighting so-called climate change.
Inflation outstripped forecasts and surged above 4 per cent last month to hit its highest level in almost a decade as spiralling energy prices pushed up the cost of living.
Vice President Kamala Harris feels increasingly isolated inside the White House as her approval ratings plummet — with the first female veep believing she’s not getting the same support given to other members of the Biden administration, according to a detailed new report.
Democrat Beto O’Rourke is running for governor of Texas, pursuing a blue breakthrough in America’s biggest red state after his star-making U.S. Senate campaign in 2018 put him closer than anyone else in decades.
Johnson & Johnson has announced plans to split into two companies, spinning off its consumer health division—which sells products like Band-Aids, Baby Powder, and Listerine—into a separate publicly traded company.
