Bloomberg The extra yield U.S. 10-year Treasuries offer over their German peers widened to the most since January as U.S. economic data kept alive prospects of the Federal Reserve raising interest rates this year, which contrasts with the European Central Bank’s accommodative stance. Treasuries fell a second day on Monday, with the 10-year note yield rising to the highest level ...

Luxembourg / AFP She fled Cuba with her bourgeois family as revolution brewed, and later married into one of Europe’s royal dynasties. Today, as the Communist-ruled island emerges from long economic isolation, Luxembourg’s Grand Duchess Maria Teresa says she hopes to return home to pitch the cause of micro-credit to help the country’s poor. A Unesco goodwill ambassador, Maria Teresa, ...

What we are seeing in the continuing march of Donald Trump toward the Republican presidential nomination is the power and significance of political entrepreneurship. If you want to become president (or senator or House member), you don’t need the permission of either party. You just announce, comply with the legal requirements for filing and launch your campaign. You are the ...