The End of Free Money for the US Government
Bloomberg–19 hours ago
My use of the word “investors” is perhaps a bit misleading, given that the biggest buyer of Treasuries from 2010 through 2014 was another arm of the U.S.government, the Federal Reserve, as it engaged in the massive stimulative effort known as quantitative easing. Five-year TIPS yields did keep flirting …
US Strikes Killed Scores of Russian Fighters in Syria, Sources Say
Bloomberg–1 hour ago
More than 200 mercenaries, mostly Russians fighting on behalf of Syrian leader Bashar al-Assad, died in a failed attack on a base and refinery held by U.S. and U.S.-backed forces in the oil-rich Deir Ezzor region, two of the Russians said. The U.S.official put the death toll at about 100, with 200 to 300 …
Opioid Makers Paid Millions to Advocacy Groups: US Senate Report
U.S. News & World Report–12 hours ago
The report released by McCaskill, the U.S. Senate Homeland Security and Governmental Affairs Committee’s ranking Democrat, said the groups issued … The report said Insys Therapeutics Inc, which markets the fentanyl-based cancer pain drug Subsys, gave $3.15 million to U.S. Pain Foundation and …
TIME
Blackout Hits Northern Puerto Rico Following Fire, Explosion
U.S. News & World Report–Feb. 11, 2018
A blackout has hit northern Puerto Rico after an explosion set off a big fire at a main power substation in the U.S. territory. … Rico into darkness late Sunday in a setback for the U.S. territory’s efforts to fully restore power more than five months after Hurricane Maria started the longest blackout in U.S. history.
Apple to Create 20000 Jobs, Invest $350B in US Economy
U.S. News & World Report–Jan. 17, 2018
In an announcement likely to be welcomed by President Donald Trump, the company said it plans to construct a new U.S. facility and ramp up its … Apple on Wednesday announced it’s planning to create 20,000 new jobs and invest $350 billion into the U.S. economy over the next five years – a move that’s …
Harvard Names Veteran Academic Administrator as New President
U.S. News & World Report–Feb. 11, 2018
“Those of us privileged to lead this university are invested with a precious trust,” Bacow said in the statement. “I promise to do everything within my power to prove worthy of it.” Faust, the first woman to serve as president of Harvard in its 380-year history, announced last June that she would step down at the …
US Says Ready for North Korea Talks in Policy Shift
Bloomberg–Feb. 12, 2018
“This demonstrates the type of flexibility the U.S. needs to move forward,” said William McKinney, a visiting scholar at the U.S.-Korea Institute of the Johns Hopkins School of Advanced International Studies who has participated in past talks with North Korea. “It could be described as employing ‘hard power …
OPEC Revises Crude Supply Forecasts on Higher US Production
Wall Street Journal–Feb. 12, 2018
The Wayfair Riddle. Heard on the Street. The Wayfair Riddle · Why New Barclays Fraud Charge Isn’t the Threat it Appears. Heard on the Street. Why New Barclays Fraud Charge Isn’t the Threat it Appears. https://www.wsj.com/articles/opec-revises-crude-supply-forecasts-on-u-s-production-1518434962.
US Immigration Agency to Review Newest Asylum Cases First in Bid …
U.S. News & World Report–Jan. 31, 2018
WASHINGTON (Reuters) – The U.S. immigration agency has changed its handling of asylum cases so more recent claims are judged first, officials said on … Asylum seekers regularly wait five years or more for their cases to be heard, and U.S.Citizenship and Immigration Services had a backlog of 311,000 …
A Family Dream Come True and a Limitless Future: US Teen Chloe …
Bleacher Report–6 hours ago
BONGPYEONG, South Korea — Jong Jin Kim didn’t want to assume anything. He had just watched his daughter, Korean-American snowboarding prodigy Chloe Kim, make her first run down in the halfpipe finals Tuesday at Phoenix Snow Park. The run scored at 93.75, practically guaranteeing her first …
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