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US should keep up the fight against extinction

Forty-five years ago, Congress passed the US Endangered Species Act — quietly, near-unanimously and with no concern that any American would ever object. Everyone wanted to avoid the extinction of wildlife, to save the likes of the California condor, the Florida panther and the North Atlantic right whale for their “esthetic, ecological, educational, historical, recreational, and scientific value to the ...

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Bond market says Fed isn’t world’s central bank

For US bond investors, the summer hiatus from Federal Reserve speakers couldn’t have come at a better time. Since the central bank left interest rates unchanged on Aug. 1, only two officials have made public comments: Richmond Fed President Tom Barkin on Aug. 8 and Chicago Fed President Charles Evans on August 9. None are scheduled to talk again until ...

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Euro fans have a blind spot they keep forgetting

It should have been a good day for the euro after Eurostat said the euro-area economy grew faster in the second quarter than initially reported. But instead, the Bloomberg Euro Index that measures the shared currency against its major peers fell the most in two months, dropping as much as 0.92 percent. The seemingly illogical response by foreign-exchange traders becomes ...

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