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US bank stocks fall as investors await credit card rate cap deadline ReutersTrump's 10% credit card cap deadline is here. Will card companies comply? CBS NewsTrump's affordability pledge strikes directly at the heart of Wall Street's profit engine CNNTrump called for a 10% cap on card rates by Jan. 20. What happened? USA Today
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The U.S. dollar was weakening Tuesday after an escalation in geopolitical tensions involving President Donald Trump's desire to buy Greenland — but some analysts expect the euro would have a bigger problem in ‘a meltdown in the E.U.-U.S. relationship.'
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Trump's tariff threats spark new fears of 'Sell America' trade PoliticoCNBC Daily Open: Trump's intensifying pressure on Greenland prompts investors to 'sell America' cnbc.comMorning Bid: US picks a fight with its biggest creditor ReutersMarkets Are Falling Hard. How to Ride Out Another Trade War. Barron's
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Federal judge moves to replace Lindsey Halligan as U.S. attorney The Washington PostIn U.S. Attorney Standoff, Judge Denounces ‘Charade' by Lindsey Halligan The New York TimesTrump-appointed judge tears into Lindsey Halligan's ‘vitriol' and calls her leadership a ‘charade' CNNJudge bans Trump loyalist Lindsey Halligan from 'masquerading' as top federal prosecutor NBC NewsFederal ju
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Big bets on defence and infrastructure spending helped lift TCI's annual return to 27%. The biggest hedge funds are proving themselves the best hedge funds in this era.
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Judge bans Trump loyalist Lindsey Halligan from 'masquerading' as top federal prosecutor NBC NewsIn U.S. Attorney Standoff, Judge Denounces ‘Charade' by Lindsey Halligan The New York TimesFederal judge moves to replace Lindsey Halligan as U.S. attorney The Washington PostTrump-appointed judge tears into Lindsey Halligan's ‘vitriol' and calls her leadership a ‘charade' CNN
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Improved forecasts for global growth, a decent IP print and the rearmament in Europe are all encouraging hedge funds to overweight the industrial sector.
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Topic: Going GreenGovernancePoliticsBill Gates recently posted his new thinking on Climate Change declaring we've been thinking about it the wrong way. His article is sending shockwaves, some agreeing, some feeling he has betrayed the cause, and some like Trump declaring this is proof that climate change was a hoax. I definitely agree with Gates here (and not Trump, obviously) but his revelation speaks to something even bigger than climate change, and hints at what may be the greatest mistake in global political discussion about a wide range of topics, not just climate. We've been doing it wrong, and are paying a terrible price.
Gates' thesis is that the general climate community has been overstating the case for climate change. It's a major, serious problem, which he has personally done far more to address than almost anybody, but it's not the civilization-ending emergency crisis it is often painted as. This has stopped us from allocating our resources wisely to fight the true big problems like poverty and disease, which will do far more harm to people than even the worst that global warming threatens. The way to combat climate change not simply to stop emissions (which is good) but to give people the economic prosperity and tools to contend with the hardships to come, and many others.
Read Gates' own essay to get the full scop
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Investors withdrew record amounts of money from bond and equity funds in March while money market funds showed record inflows, as the prospect of a massive economic downturn due to coronavirus...
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