The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it through its easy-money policies.
For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.
The darling of America‘s political elites, Ukrainian President Volodymyr Zelensky, now touts a “Five-Point Plan” that surely will extend the war and ultimately make his country even worse off. It is time to end this farce.
Just before Donald Trump took office the first time, he held a press conference, announcing that he would turn over control of his business empire to his sons.
He said he wanted to address concerns about conflicts of interest even though he maintained he didn't really have to. Saying, "I could actually run my business. I could actually run my business and run government at the same time. I don't like the way that looks, but I would be able to do that if I wanted to."
Trump's second term may put that theory to the test. The former and future president hasn't yet announced any plan to wall himself off from his businesses while in office, and Trump's businesses like his many hotels and resorts could benefit substantially from his actions as President.
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Humans have loved on our feline friends for thousands of years. The connection and history of the relationship between humans and cats is being featured in an exhibit at the Field Museum. The exhibit features cats from all over the world through photos, film, archaeological items, and more.
Reset gets into the history of the human/cat fascination with Monisa Ahmed, exhibition developer at the Field Museum.
For a full archive of Reset interviews, head over to wbez.org/reset.
In a shocking turn of events, martial law was declared late at night by the president of South Korea, giving him extraordinary powers. Then after protests and an act of parliament, the order was reversed seven hours later. To try to understand what is happening with this key U.S. ally and trading partner, we hear from NPR's correspondent in Seoul.
How did a young, struggling German immigrant build one of the country's most successful criminal empires? In this classic live episode, the guys join with Holly Frey, cohost of the award-winning podcast Stuff You Missed in History Class, to explore the life, times and reign of America's first mob boss, Marm Mandelbaum.
As President-elect Donald Trump lays out his plan for increasing tariffs on goods made in China and Mexico, some U.S. businesses are stockpiling. Small business owner Jason Junod explains what he thinks the impacts of the proposed tariffs will be, and why he hasn’t been able to go fully “Made in America.”