3 Lessons for Today’s Economy from Former Fed Chair Paul Volcker’s Long and Storied Career

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Paul Volcker’s death closed the career of an unusually influential, important—and controversial—economist. His role in finally ending the use of the gold standard during the Nixon administration still leaves some disgruntled. Millions still resent the double-digit interest rates and runaway inflation they were meant to stop of the 1980s when he was chairman of the
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Enlarge / Pensacola, home of the Navy’s flight school and a cyberwarfare training center, was still reeling from a mass shooting at the Naval Air Station when ransomware hit the city’s network. On December 7—less than a day after a mass shooting at Naval Air Station Pensacola—the city of Pensacola, Florida, was hit by what
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Google signage. NurPhoto | Getty Images The U.S. Justice Department will review plans by Alphabet-owned Google to buy fitness tracker maker Fitbit Inc for possible antitrust issues, a source told Reuters on Tuesday. The $2.1 billion deal will give search and advertising giant Google the capability to take on Apple and Samsung in the crowded
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Manning’s feel-good story fizzles in another Giants loss | FOX Sports 90001-90068+90070-90084+90086-90089+90091+90093-90096+90099+90189 803 22612 33.9733 -118.2487 Source link

By Rodrigo Viga Gaier SAO PAULO, Dec 10 (Reuters) – Brazil’s state-controlled oil company Petrobras SA is mulling construction of a new lubricant plant that could quadruple its production capacity by 2022, the company’s refining chief said on Tuesday. Anelise Lara, Petrobras’ refining and natural gas chief, told Reuters the company will invest about $400
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FLORHAM PARK, N.J. — A flu-ridden Le’Veon Bell wasn’t well enough to play Sunday for the New York Jets, but that didn’t stop the star running back from late-night bowling on the eve of the game — a decision that didn’t sit well with coach Adam Gase. Gase said he won’t discipline Bell because no
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Enlarge / A DirecTV satellite dish seen outside a bar in Portland, Oregon in October 2019. Getty Images | hapabapa AT&T announced another round of DirecTV and U-verse TV price increases, saying that monthly rates will rise by up to $8 per month starting on January 19. “Because our programming costs went up, we have to
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Emil Protalinski / VentureBeat: Microsoft is bringing its first Office app to Linux with Microsoft Teams, now in public preview  —  Microsoft today launched Microsoft Teams for Linux in public preview.  No, that’s not a typo — Microsoft Teams is indeed the first Office app that the company has ported to Linux. Source link

Stitch Fix reported earnings the stock is up and even before this report, it's gained 46% so far this year. Yahoo Finance’s Dan Roberts, Scott Gamm and Anjalee Khemlani discuss on YFi AM. Source link

Nancy Pelosi, the Democratic Speaker of the House of Representatives, has reached a deal with US president Donald Trump to allow ratification of USMCA — the trade pact replacing Nafta whose fate in Congress had been uncertain until this week. Ms Pelosi’s announcement on Tuesday followed months of wrangling with Robert Lighthizer, the US trade
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