America’s nest eggs are taking a risky turn. For the first time, ordinary Americans’ 401(k) plans—the backbone of retirement security for more than 60 million people—are being open to bitcoin and private equity.Introduction401k plans are…
This week will be all about inflation via the Producer Price Index () and Consumer Price Index (). I am hoping that the deflation we are importing from China will show up in the wholesale goods prices and that shelter costs (owners’…
On behalf of the United States of America, I extend best wishes to the people of Eswatini as you celebrate the 57th anniversary of your independence. The longstanding friendship between our nations reflects a shared commitment to…
This year’s updated Covid-19 vaccines have been approved by the US Food and Drug Administration for adults 65 and older and younger people with certain medical conditions that put them at a higher risk of a severe Covid-19…
The markets are once again being forced to reckon with France’s political fragility. The euro has slipped from recent highs, French government bond yields are edging upwards, and traders are preparing for turbulence as Prime Minister…
Another soft jobs report is intensifying calls for meaningful Federal Reserve cuts. Consumers are already worried about squeezed spending power from tariffs and are now increasingly concerned about job security. Fed doves will intensify…
With the African Growth and Opportunity Act (AGOA) that has anchored U.S-Africa relations since 2000 set to expire on September 30, prospects for extension or renewal grow increasingly slim. Among foundational principles that have…