"It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be."
Vladimir Putin’s possible attendance at the Group of 20 leaders’ summit in Florida in December would risk regularizing Russia’s return to international forums while its war in Ukraine continues, according to the European Union’s top diplomat Kaja Kallas.
College athletes became paid players and brand spokespeople almost overnight. Meltzer argues they still lack a framework and trustworthy advocates, even as Congress and the Big Ten move to impose order.
Countries have a shared interest in defending international law—even when doing so may create friction with the country violating it.
Possible candidate to run World Economic Forum departs ECB nine months early, saying she wants to speak her mind about world affairs Christine Lagarde, the eurozone’s top central banker, has said she is stepping down nine months early to speak her mind about world affairs and confront the “misrepresentation of the truth”. Ending months of speculation about her future at the European Central Bank, Lagarde said she would quit her role as president next February rather than October next year because the rules of neutrality that governed her job prevented her from influencing debate about financial and economics affairs. Continue reading...
The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.
Alphabet and Microsoft reported strong earnings fueled by growing AI demand, even as the tech giants continue investing billions in data centers and cloud infrastructure.
"I didn't even make it through setup," one consumer said after his new iPhone Duo cracked shortly after he bought it.
Jio Platforms shares surged on their first day of trading, even as questions mount about the telecom firm’s growth prospects and a new generation takes charge.
Coca-Cola stock has climbed about 32% so far this year, raising the beverage company's market cap to roughly $398 billion.
It is essential not just to fund the public goods the nation needs, it is indispensable to restore a sense of fairness Money doesn’t buy happiness, we’re told. Even some economists agree. The Nobel prize-winning economists Daniel Kahneman and Angus Deaton once proposed that rising income increased people’s emotional wellbeing only up to a ceiling of about $115,000 in today’s money. They probably hadn’t met many billionaires. The ultra-rich may not pursue happiness in the joyful sense of the word. But they will try every trick in the book to hang on to their stash and woe betide the tax authority that tries to lay a finger on their treasure. Continue reading...
