It may perhaps look like the pandemic is above stadiums are open all over again, crowds are almost everywhere, and rarely a mask in sight. But COVID damage a whole lot of items you are not able to simply see, in particular in universities. “I come to feel like I […]
Crisis
Leon CoopermanReuters/ Rick Wilking The US is going through a “textbook” financial crisis, according to billionaire Leon Cooperman. That means poor returns for stocks, he added, warning the S&P 500 wouldn’t hit a high again for a long time. Cooperman has warned markets of an coming recession, and said stocks […]
This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Banking crisis fears ripple through global markets; Silicon Valley Bank collapse – what happened and what it means; People in UK face biggest drop in spending power for 70 years. 1. Banking […]
Russian President Vladimir Putin.Sasha Mordovets/Getty Images The Kremlin said Russia will not be impacted by the US bank crisis. Kremlin’s spokesperson said Russia is ‘insured’ against the fallout from Silicon Valley Bank’s collapse. Sanctions over the Ukraine war have cut Russia off from the international financial system. It’s been a rocky […]
“The Lecturers,” by Alexandra Robbins (Dutton) The information of “The Teachers” will come into obvious concentration extended right before the closing words of this 344-web page dissection of what’s wrong with American public education, seen principally by way of the eyes, ears and experiences of three lecturers in distinctive parts […]
The problems of two small banks on the West Coast are rippling across markets and causing new investor concerns about some of the country’s largest financial institutions. Why? Three words: rising interest rates. The Federal Reserve’s aggressive campaign to bring down inflation helped set the stage for major problems at […]