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.
The Australian army has begun forcibly removing residents in the Northern Territories to the Howard Springs quarantine camp located in Darwin, after nine new Covid-19 cases were identified in the community of Binjari. The move comes after hard lockdowns were instituted in the communities of both Binjari and nearby Rockhole on Saturday night.
Pennsylvania Senate Republicans said Friday they'll pay up to $270,000 over the next six months to have an Iowa consulting firm examine the 2020 election.
Children were among those struck by the car and at least five people are dead after an SUV drove through crowds at the 58th annual Waukesha Christmas Parade in Wisconsin.
U.S. attorney reports 23 illegal immigrants who were previously convicted of homicide in the United States have been prosecuted in Arizona for unlawfully reentering the country since February.
Emma Riley, the White House communications chief of staff, became the second in the Biden-Harris team to hand in their resignation this week when she announced that she is leaving her post for a job in the Labor Department.