Trump on his Iran deal: "It's a very strong deal. Nobody knows what it is, but it's very strong."
oracle of delphi voice
Ontario taxpayers will spend $200 million on a new parking garage at Ontario Place, but the government says it will quickly generate tens of millions of dollars in annual revenue.
'The real surprise from the OECD’s subsidy numbers is that it cost China less than $18bn in sectoral support over 15 years to build an industry that can now provide more clean power than the world can readily absorb.'
@adamtooze.bsky.social @financialtimes.com
www.ft.com/content/b6ca...
Clean power is within our reach — yet factories sit idle
The Fed has gone from debating how many times to cut rates to debating whether it has to hike. That alone makes today's meeting more interesting than usual.
The twist: it's Kevin Warsh's first as chairman—and he was picked by Trump to get lower rates. www.wsj.com/economy/cent...
Kevin Warsh walks into his first meeting as Federal Reserve chairman this week in an awkward spot. He argued for rate cuts. The conversation at the Fed has shifted the other way.
Thiago Carvalho
Nick Timiraos
The 401(k)s are up for grabs by U.S. private equity and private credit fund managers because the Ponzi game of "invest in me if you want to make above average market returns, though I'm currently bleeding money" needs more money, suckers, and Blackrock and Washington know where the money is.
Armine Yalnizyan
So the systems built to protect us are colluding to skim from our retirement savings for Elon? And there’s nothing we can do about it?
