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Fed bashing is a fool’s game

Fed bashing is a fool’s game

But there is a need for pragmatism regarding the independence of central banks

Published 1 second ago

How Tesla Made a Record Profit

How Tesla Made a Record Profit

Tesla’s record quarter doesn’t look as good as its earnings release had suggested, in part since the biggest boost to profits came from the sale of government credits.

Published 1 month ago

SoftBank CEO Denounces Khashoggi Killing But Says Firm Will Keep Saudi Partnership

SoftBank CEO Denounces Khashoggi Killing But Says Firm Will Keep Saudi Partnership

SoftBank’s CEO Masayoshi Son called the murder of Saudi journalist Jamal Khashoggi a tragedy that shouldn’t have happened but said SoftBank had a responsibility to keep its partnership with the kingdom.

Published 1 month ago

China’s Newest Bid for Influence Runs Through the West’s Backyard

China’s Newest Bid for Influence Runs Through the West’s Backyard

Beijing is constructing parallel financial and commercial networks across Central and Eastern Europe to challenge the global order. Its offers give emerging economies a quick path to development and infrastructure—but with downsides, including debt burdens.

Published 1 month ago

U.S. Issues Eight Waivers From Iran Oil Sanctions

U.S. Issues Eight Waivers From Iran Oil Sanctions

The Trump administration issued waivers to eight governments, exempting them from sanctions on Iranian oil that took effect at midnight.

Published 1 month ago

Lessons for Amazon in Running Dual Headquarters

Lessons for Amazon in Running Dual Headquarters

Amazon, which is in late-stage talks for its HQ2 with a few places including northern Virginia’s Crystal City, Dallas and New York City, is just the latest company opting to choose a second city for its headquarters. Corporations that use twin home bases describe logistical challenges, but say they can get closer to customers and talent pools.

Published 1 month ago

Eurogroup calls on Italian government to redraft budget

Eurogroup calls on Italian government to redraft budget

Finance ministers back European Commission after unprecedented veto of spending plan

Published 1 second ago

Trump vs. Democratic Women: Headline Fight of the 2018 Campaign

Trump vs. Democratic Women: Headline Fight of the 2018 Campaign

Whatever the outcome when votes are counted Tuesday night, the midterm campaign will have featured the collision of two giant forces: President Trump and newly energized Democratic women.

Published 1 month ago

Apple’s New iPad Pro: Great Tablet, Still Can’t Replace Your Laptop

Apple’s New iPad Pro: Great Tablet, Still Can’t Replace Your Laptop

More power, more features and a real USB port make Apple’s iPad Pro the best tablet yet. But it still falls short on some basic computing needs.

Published 1 month ago

Goldman trader quits ahead of partner selection

Goldman trader quits ahead of partner selection

Talat Khan resigns after missing out on move to lucrative top ranks

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Emmanuel Macron, Donald Trump and the ghosts of 1918

Emmanuel Macron, Donald Trump and the ghosts of 1918

The presidents represent competing traditions of thought about international relations

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Rouhani claims diplomatic victory against US over sanctions

Rouhani claims diplomatic victory against US over sanctions

Iranian president seizes on European support to allege Trump effort has failed

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Citigroup appoints Washington insider as its next chairman

Citigroup appoints Washington insider as its next chairman

John Dugan, former comptroller of the currency, will lead the US bank’s board

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U.S. Re-Imposes Sanctions Against Iran Oil, Banking and Shipping Sectors

U.S. Re-Imposes Sanctions Against Iran Oil, Banking and Shipping Sectors

The Trump administration imposed a ban on Iranian oil imports and sanctioned more than 700 Iranian banks, companies and individuals, officially launching the second phase of its maximum pressure campaign.

Published 1 month ago

Amazon Offering Free Shipping on Holiday Orders

Amazon Offering Free Shipping on Holiday Orders

Amazon said it is offering free shipping with no minimum purchase on orders delivered through the holidays, countering shipping deals from rivals Target and Walmart.

Published 1 month ago