Trump’s unusual Fed bashing raises the stakes of a policy blunder that damages the economy

Jacquelyn Martin/AP President Donald Trump is blaming the Federal Reserve for the stock market’s sell-off.  While it’s unusual for the US president to publicly bash the Fed, many investors agree that fears of higher interest rates are partly responsible for the volatility.  By pitting himself against the Fed, Trump is raising the stakes of a […]

‘They’ve got some explaining to do’: The case of a missing Washington Post columnist raises more questions after reports suggests he was murdered by Saudi agents

Chris McGrath/Getty Images The case surrounding Jamal Khashoggi, the missing Washington Post columnist who disappeared after entering a Saudi consulate in Istanbul, raised more concerns after mounting evidence suggested he was murdered. Khashoggi, a Saudi journalist, published write-ups that were critical of the Saudi government. He had been living in the US state of Virginia. […]

‘They’ve got some explaining to do’: The case of a missing Washington Post columnist raises more questions after reports suggests he was murdered by Saudi agents

Chris McGrath/Getty Images The case surrounding Jamal Khashoggi, the missing Washington Post columnist who disappeared after entering a Saudi consulate in Istanbul, raised more concerns after mounting evidence suggested he was murdered. Khashoggi, a Saudi journalist, published write-ups that were critical of the Saudi government. He had been living in the US state of Virginia. […]

A bail-out for IL&FS raises wider worries about non-bank lenders

CAN a big financial firm’s credit rating fall from AAA one month—good enough for pension funds and life insurers—to junk the next without causing a crash? India’s government decided it did not want to find out. Last week it granted Infrastructure Leasing and Financial Services (IL&FS), one of India’s biggest shadow banks, a parachute. Plenty […]

'Not kosher'? Jewish-only section of Germany's right-wing AfD raises eyebrows

The anti-migrant Alternative for Germany is routinely accused of anti-Semitic views, but its Jewish supporters have just subverted expectation by forming a faith-based group within the party. Some Jews are not OK with that. The group of Jews within the AfD is aiming to hold its inaugural meeting in the German city of Offenbach on […]

American Airlines Raises Bag Check Fees by $5 Apiece

American Airlines Raises Bag Check Fees by $ 5 Apiece Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]

Crowdfunding raises millions for quack cancer remedies, like coffee enemas

Enlarge / Bottles of herbal oils and dried plants used in alternative medicine. (credit: Getty | Martin Norris) Doctors and clinics that peddle unproven, potentially harmful treatments to desperate cancer patients are pocketing millions thanks to donations collected on popular crowdfunding sites such as GoFundMe. That’s according to data published recently in BMJ. In just […]

Tesla’s most credible rival raises $1 billion from Saudi Arabia

Enlarge / The Lucid Air, due out in 2020. (credit: Lucid Motors) Lucid Motors, the electric car startup we described as Tesla’s most credible rival last year, got a shot in the arm on Monday as Saudi Arabia’s sovereign wealth fund announced a $ 1 billion investment. The company aims to bring its first car […]