Yves here. Despite many pretenses, very little in finance is new, much the less innovative. Paul Volcker still looks correct in calling the ATM the only bank invention in his…
A former White House aide who worked closely with Donald J. Trump testified on Thursday about a significant meeting between Mr. Trump and his personal lawyer that is at the…
Inside a subway station in Lower Manhattan, a group of police officers slowly followed a disheveled man in a soiled gray sweatshirt who was stammering and thrashing his arms wildly.…
The News The British economy emerged from a recession at the start of this year, growing faster than economists expected, data published on Friday showed. Gross domestic product increased 0.6…
The police early on Friday entered a pro-Palestinian encampment at the Massachusetts Institute of Technology and arrested about a dozen demonstrators, in what appeared to be an effort to clear…
To understand what is happening now in the Middle East, it may be helpful to remember the dead cat. That was a favorite metaphor for Secretary of State James A.…
NEW YORK , May 09, 2024 (GLOBE NEWSWIRE) — At the end of the settlement date of April 30, 2024 , short interest in 3,072 Nasdaq Global Market SM securities…
Yves here. Africa followed the economic advice of brand name Western institutions like the World Bank. The resulting setbacks should lead any government to lock the door when these snake-oil…
By Lambert Strehter of Corrente Good heavens! Patient readers, I got so absorbed writing a post that begins to disentangles Alvin Bragg’s “hush money” case that I lost track of…
The ballistic missiles rolled through Red Square, the fighter jets zipped overhead and rows of foreign dignitaries impassively looked on. Russia’s annual commemoration of the end of World War II…