The longtime head of one of Washington’s biggest bank lobbying groups is stepping down. Richard Hunt, who has led the Consumer Bankers Association since June 2009, told the group’s board of directors Wednesday morning that he plans to leave the…
NEW YORK — The stock market is soaring. Company and household bottom lines look strong. Yet corporate executives across the U.S. are obsessing over inflation — and some think the White House isn’t grasping the extent of the problem. Spiking…
Twenty years have passed since the 9/11 attacks in the United States. It was in the immediate aftermath that US President George W. Bush declared his infamous “war on terror” and launched a cataclysmic campaign of occupation in both Afghanistan…
The upheaval in Afghanistan was undoubtedly one of the most shocking events of the year. It will likely have fatal consequences for the Afghan people, neighboring countries and the international community. The Taliban takeover of Afghanistan is so devastating that…
In my first article of this three-part series, I made the case that the victory of the Taliban would radicalize Pakistan and increase its global nuclear threat. Notably, the Taliban’s takeover of Afghanistan is not only changing its eastern neighbor,…
By rebranding itself as Meta, Facebook named itself an evil empire. It did so on purpose, and quickly enough to express its long-time motto, “Move fast and break things,” which, investors take note, is the antithesis of a long-term strategy.…
Saudi Arabia and Iran have engaged in four rounds of talks over the last six months, the most recent of which with the hardliner Ebrahim Raisi already inaugurated as president. A fifth meeting is expected to take place before the…
Democrats are proposing the first-ever tax on corporate stock buybacks. Wall Street is yawning. Market veterans say the 1 percent levy lawmakers aim to include in their reconciliation package isn’t big enough to make a difference to most companies. “It’s…
Democrats are struggling with a huge problem that could sink them at the ballot box: They may end up looking more sympathetic to rich people than Republicans. After spending several election cycles campaigning against the GOP’s tax cuts as a…
Hedge fund billionaire and GOP megadonor Ken Griffin secured a copy of the U.S. Constitution this week with a $43.2 million auction bid that beat out thousands of crypto users who banded together to acquire the extremely rare first-run printing.…