Topline The Gates Foundation did not have any knowledge of Jeffrey Epstein’s alleged crimes or participate in them, an external independent investigation funded by the foundation found, after Bill Gates’ relationship with the late financier intensified scrutiny on the foundation and its work. Bill Gates (C) arrives for a closed-door interview with the House Oversight…
I live in South Florida, where the whole point of being here is being outside. Warm nights, the patio, dinner in the backyard. Until the mosquitoes show up and wreck all of it. So over the years I’ve tried just about everything that promises to fight back. Here’s what I learned the expensive way: A…
Wall Street is misjudging Microsoft’s AI strategy, according to Morgan Stanley.
If Monday was a tale of divergence, Tuesday brought something rarer: agreement. All three major indexes climbed together, powered by a semiconductor rally that showed no signs of fading. By 11:31 a.m. ET, the Nasdaq Composite (^IXIC +1.30%) had jumped 1.3%, the S&P 500 (^GSPC +0.92%) was up 0.7%, and the Dow Jones Industrial Average…
21 July 2026 Mr Kisselevsky to take up role on 1 November 2026 The Executive Board of the European Central Bank (ECB) has appointed Boris Kisselevsky, currently Head of the ECB Representative Office in the House of the Euro in Brussels, as Director General Secretariat. Mr Kisselevsky will take up his new role on 1…
We thank Eric Leeper and Juan Rubio-Ramirez for helpful discussions. Massimiliano Marcellino and Tommaso Tornese kindly provided code implementing their Algorithm 2. The views expressed herein are those of the authors and do not necessarily reflect those of the Federal Reserve Bank of Atlanta, the Federal Reserve System, or the National Bureau of Economic Research.
Mortgage rates didn’t move much today. July’s rates have remained elevated beyond what we saw in June, trending above last month’s average (6.34%) for 19 days straight. The average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.48% APR, according to rates provided to NerdWallet by Zillow. This is one basis point lower…
Image by Willfried Wende from Pixabay Analysis sets out five key steps that the UK government and wider public sector should take to capitalise on adaptation opportunities Climate change adaptation provides “a significant economic opportunity” for the UK and the country must develop innovative solutions to meet the complex challenges of building resilience. A report from…
After a somewhat disappointing 2025, international stocks are renewing their bullish ways this year. Using one exchange-traded fund (ETF), the Vanguard Total International Stock ETF, as a measuring stick, non-U.S. equities are outpacing domestic rivals again this year. As of July 17, that Vanguard ETF is up 12% year to date, a slight advantage over…
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