Saturday , 17 January 2026

Recent Posts

Italy’s bank bailout serves German interests too

As Europe’s politicians digest the lessons from Italy’s recent 17 billion euro ($19.34 billion) bailout of two Venetian banks, two schools of opinion have emerged. The majority view is that the bailout, while less than ideal, at least brought greater financial stability to Italy. Italians themselves seem pleased with the outcome. So far there has been no great taxpayer outcry, …

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Price is no object at Apple’s new headquarters

Do you remember the NeXT computer, the one Steve Jobs began building in 1985, after he was booted from Apple by then-chief executive John Sculley and the board? It was supposed to be a machine built for academia, the ultimate learning tool priced so that universities would be able to buy them in bulk. But Jobs being Jobs, he had …

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US stocks fluctuate, dollar climbs as oil dips

Bloomberg US stocks edged lower, while the dollar strengthened versus the yen in listless trading before Federal Reserve Chair Janet Yellen testifies to Congress this week and companies begin to deliver second-quarter results. The S&P 500 Index was little changed in weak trading, while technology shares retreated before banks kick off earnings. European equities declined as energy producers slid when …

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