Senate Majority Leader Mitch McConnell (R-KY) appears intent to fill the two remaining vacancies on the Federal Reserve’s Board of Governors. Judy Shelton and Christopher Waller were formally nominated by President Donald Trump in January and approved by the...
Central banks continue to be obsessed with inflation. Current monetary policy is like the behavior of a reckless driver running at two hundred miles per hour, looking at the rearview mirror and thinking, “We have not crashed yet, let’s...
Sanjay Mishra, Vanderbilt University As the weather cools, the number of infections of the COVID-19 pandemic are rising sharply. Hamstrung by pandemic fatigue, economic constraints and political discord, public health officials have struggled to control the surging pandemic. But now,...
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Long before Republican senators began publicly denouncing how Georgia Secretary of State Brad Raffensperger handled the voting...
If Republican lawmakers continue their refusal to extend Covid-19 relief programs, 12 million workers will lose federal unemployment benefits when funding expires on December 26, according to a study published Wednesday. "With no end to the pandemic in sight, and...
This morning we are seeing some buying in small caps with the Russell 2000 up in the green again, although the Nasdaq is acting very sloppy. It seems that the rotation out of tech and into more cyclical...