Stagflation Could Endanger Any Rebound In Europe By Sagarika Jaisinghani, Bloomberg Markets Live reporter and strategist As European stocks nurse their first monthly decline in three, there’s one risk that could cast a shadow over prospects for a year-end rebound: stagflation. While investors have cheered signs of slowing inflation and a resilient economy in the US, the picture in
In 2020, Oregon voted to decriminalize the possession and use of almost all drugs. Now, addicts do hard drugs in the open, and a treatment hotline has so far cost taxpayers $7,000 per call, according to The Economist, putting the spending at $1.4 million. The Associated Press reported Oregon was “awash in treatment funds after
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Are We Facing Lockdowns 2.0? Authored by Jeffrey Tucker via The Brownstone Institute, National Public Radio was in a frenzy this morning but it felt like the movie Groundhog Day: they were spreading tremendous alarm about the rise of Covid cases. We have to stop the spread, the announcer said, and that’s why masks are
Refiners Are Printing Money As Diesel Crack Soars Diesel prices have been supercharged this summer, but as Bloomberg’s Jack Wittels warns, the moves seem out of kilter with the relatively mundane fundamental drivers, creating the risk of a correction. Then again, it could just be a repeat of last year when diesel prices went suborbital
A new bombshell reveals how a Maryland school district with the fourth-largest budget in the nation had more than 90 percent of its students fail in math proficiency despite an infusion of emergency COVID funding. “Baltimore City Schools received 29 federal Covid grants totaling $799M to fight learning loss,” investigative journalist Chris Papst from Fox45
Fox News’ Dana Perino and Stuart Varney will moderate the second 2024 GOP presidential debate alongside UNIVISION’s Ilia Calderón, according to a Wednesday press release. The three personalities will moderate the debate on Sept. 27 at the Ronald Reagan Presidential Library in Simi Valley, California, which will be broadcasted from 9 p.m. to 11 p.m.
Disbarred attorney Michael Avenatti lost an appeal to overturn his sentence for extorting Nike, according to a Wednesday court filing. The 2nd U.S. Circuit Court of Appeals in Manhattan denied Avenatti’s appeal in a 3-0 decision, with the former lawyer potentially facing 19 years in prison and a scheduled release set for January 2036, according