America Wants to be an “Arsenal of Democracy”
Support for Ukraine is hardly a liability in an election year.
Economics
The Big Interest Rate Cut: Is the Federal Reserve Too Late?
At long last, it seems that the Federal Reserve has smelt the coffee that it was keeping interest rates too high for too long for the economy's good. However, it remains to be seen whether today’s welcome and bold decision to cut interest rates by 50 basis points rather than by the more normal 25 basis points will be sufficient to stave off a recession and a regional bank crisis next year.
