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Thomson Reuters Federal Reserve Chair Janet Yellen’s increasing concern over low and falling inflation helped US stock markets hit record highs last week. Yellen testified before Congress for two days, and Wall Street found enough concern that inflation might not in fact head back up toward the Fed’s 2% target to justify renewed market bullishness. […]
Thomson Reuters Deregulation. We’re starting to see a pattern in the Trump administration. For every single problem there is only one prepared solution, and that solution is not a solution at all. Let me illustrate. On Wednesday, at Bloomberg’s Breakaway conference, Commerce Secretary Wilbur Ross was posed with a very complex question — how does […]
Screenshot via CNN CNN anchor Jake Tapper had a terse response to President Donald Trump’s adviser Steve Bannon, who insisted that the news media should “keep its mouth shut” about the new president. “No,” Tapper said in the opening of his show, “The Lead” on Thursday. Bannon, who ran the far-right website, Breitbart, before joining […]
