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You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.
After nearly three years of preparing to apply to colleges in the United States, Carol came to her parents in tears. By any objective measure, she had done everything right and should have felt excited about what came next. She attended a rigorous trilingual school in Rio de Janeiro, Brazil, achieved top grades, and had…
On December 31, 2001, Main Street’s sole shareholder – also the president, treasurer, clerk, and director – dissolved the corporation. After the statutory wind-down, the note and mortgage passed to him personally. In October 2010, he filed for Chapter 7 bankruptcy. On the required asset schedules, signed under penalty of perjury, he disclosed “none” for…
Romania adopts new measures to boost Danube waters to cool Cernavoda nuclear plant
(Bloomberg Opinion) — When the Supreme Court voted narrowly to preserve the independence of the Federal Reserve at the end of June, many investors breathed a sigh of relief. It may have been premature. Because on the same day, in another decision, the court killed the independence of every federal agency — including the Securities…