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Goldman Sachs gives senior managers a new perk: ‘Flexible vacation’ policy

David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Adam Galacia | CNBCGoldman Sachs is giving its top managers a new perk more common in the tech industry: the ability to take as much vacation time...

China’s Xi Jinping calls for sticking to zero-Covid policy

Xi Jinping seen giving a speech during the centenary of the founding of the Chinese Communist Party, in Fuyang on July 1, 2021. From a political perspective, 2022 is a particularly critical year for China, as Xi is expected to gain an unprecedented...

Stagflation risk rises as the Federal Reserve tightens monetary policy

The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep inflation high.Some observers believe the U.S. government may have misread...

Biden blocks sales of inefficient lightbulbs, reversing Trump policy

U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022.Jonathan Ernst | ReutersThe Biden administration on Tuesday announced new energy efficiency regulations that will phase out old-fashioned incandescent...

How the Fed’s Tampering with the Policy Rate Affects the Yield Curve – Silver Doctors

A visible downtrend in the spread does not bode well for economic activity in… by Frank Shostak via Mises At the end of March this year the difference between the yield on the ten-year Treasury bond and the yield on the two-year Treasury bond fell...