Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy, Federal Reserve Chairman Jerome Powell ordered a review of the Fed’s ethics rules.
The Delta variant is keeping more companies cautious about how to invest the mountains of cash they have at their disposal. That hesitancy has led, in part, to corporate spending on stock buybacks outpacing capital expenditures this year.
Costco CFO Richard Galanti said on Thursday that Costco is putting purchase limits on "key items," such as toilet paper, paper towels, bottled water and certain cleaning products, according to CNBC.
A recently translated book by French theologian Reginald Garrigou-Lagrange, 'Thomistic Common Sense,' argues that modernity has made a lot of life's basic questions more complicated than they need to be.