© Reuters. Italy reserves right to use special powers to protect Milan bourse: document ROME (Reuters) – The Italian government considers the Milan stock exchange a strategic asset and reserves the right to intervene with special powers if appropriate to protect its interests, according to a draft emergency decree seenRead More →
Here are must-read articles from MarketWatch about investing and consumer-finance topics over the past week. 1. Taking the Fed to task The Federal Open Market Committee this week decided not to lower interest rates. However, Federal Reserve Chairman Jerome Powell said the case for lowering rates had “strengthened.” Based onRead More →
© Reuters. U.S. banks clear first hurdle of Federal Reserve’s annual stress test By Pete Schroeder WASHINGTON (Reuters) – The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stageRead More →
Two words describe how President Donald Trump spent about 60% of his officially scheduled time in the three months since the midterms: ‘Executive time’ That’s according to a report from Axios on Sunday that cited Trump’s private schedule, which was leaked by a White House source. So what is “executiveRead More →
As with many terminal patients, the initial hope is that aggressive treatment would work and cure the patient. But when the one-time emergency round of drugs didn’t cure the patient, additional drugs were needed and turned the patient into a hopeless junkie. After multiple injections, a sense of dread wasRead More →
