by Dismal-Jellyfish Inflation Alert! Cleveland Fed Governor Loretta J. Mester believes interest rates should go higher: “And so the question, you know, in my mind is have we gotten to that rate yet? And at this point, given the data …
Airlines and regulators are pushing to have just one pilot in the cockpit of passenger jets instead of two. It would lower costs and ease pressure from crew shortages, but placing such responsibility on a single person at the controls …
by withabackpack I have been doing some research into Chinese stocks recently as lots of people have been saying they are presenting buying opportunities at these prices. However I discovered that it is illegal (seemingly?) for us foreigners to actually …
Many employees of state and local governments in the U.S. are expecting a financially “comfortable” retirement. But, a big shock likely awaits. Here’s a sobering perspective. https://www.youtube.com/watch?v=JX6Qx06hOjQ
by John Rubino The longer an expansion lasts, the crappier its paper becomes. That may seem like a baseless assertion, but it’s actually just simple math. Early in recoveries, borrowers and lenders are both shell-shocked by the just-ended recession, so …