The Fed’s rosy worldview rests on a misleading premise

AP The Federal Reserve’s credibility is increasingly under scrutiny as it insists on raising interest rates despite signs of continued weakness in the labor market and, importantly, an inflation rate that refuses to climb to the central bank’s official 2% target. Fed officials often say their decisions about interest rates are data-dependent. However, this description […]

The Bill Cosby Defense Rests

Bill Cosby entered a courtroom in Pennsylvania on Monday to, for the time, defend himself against criminal allegations of sexual assault in what many experts say will come down to who jurors find more credible: America’s Dad? Or the woman who says he drugged and raped her in 2004? “These three pills will help you […]

The Great Barrier Reef’s fate rests on slowing global warming

There’s no question that the Great Barrier Reef and other coral fields are hurting as a result of rising water temperatures. But is there a relatively straightforward way to save them, or do they require more drastic action? Unfortunately, it’s not looking good. Researchers have found that typical efforts to fight coral bleaching, such as […]