Donald Trump’s son-in-law, Jared Kushner, the little daddy’s boy born on third base and thinks he hit a home run, told an event at Harvard earlier this month that “Gaza’s waterfront property could be very valuable … if people would focus on building up livelihoods.”
The U.S. was fast to reject any notion that Ukraine played a role in the Moscow concert massacre—Russia’s biggest terror attack in years.
Since last week, the only real news on the market front is what the Fed will say tomorrow about the future path of interest rates. Indeed, cheap money is The Street’s main concern. The cheaper the money, the easier it is to borrow and gamble.
Here again, We the People of the U.S. have been sold yet another complete falsehood. That somehow, the Fed, by incrementally raising the Federal Funds Rate would cause inflation to magically disappear.
Nationwide, office properties have lost about 20 percent in value since the COVID War made remote work the new normal. However, in some key markets, the plunge has been far more severe.
The move from fossil fuel technologies to supposedly more earth friendly electric energy alternatives is again showing signs of being more promises than delivery.
One of Russia's largest oil refineries suffered significant damage in a Ukrainian attack on the country's energy infrastructure that involved more than two dozen drones and spanned at least seven regions, according to reports.
With each passing day, it is becoming clearer that Israel’s goal in Gaza is to reoccupy the territory, and deport the 2.1 million Palestinians in the enclave, according to a report last week in The Los Angeles Times.
As we note just about every week, the “Bigs” keep getting bigger and the rich keep getting richer, while the average person—the plantation workers of Slavelandia—keeps getting poorer.
Four private equity firms have together spent a reported $1.05 billion to buy stock in the ailing New York Community Bancorp (NYCB).
And the number of U.S. banks showing problems soared from eight to 52 in last year’s final three months, the sharpest spike since…