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Democrats make play for US president’s rural base

Protest against trump's declaration of a national emergency

Bloomberg Elizabeth Warren issued a call to arms while Amy Klobuchar made an appeal to unity as Democratic presidential candidates offered different messages they hope will chip away at President Donald Trump’s support across the Farm Belt. Warren, who’s called for breaking up tech behemoths and large agricultural corporations, cast her campaign as “about standing our ground and fighting back” ...

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Has the next economic bubble really arrived?

A flag flutters in the wind outside the new york stock exchange

There are still some economists who fear another crash. The latest is Eugene Steuerle of the Urban Institute, a liberal think tank in Washington. In a new article, he warns that the economy may be on the edge of a giant “wealth bubble” that will collapse with possibly-dire consequences. Steuerle is especially worried by parallels between Americans’ present wealth — ...

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ECB’s power struggle will end in tiers

8 bottom copy

With Mario Draghi halfway out of the door, the battle is on for the future direction of European Central Bank (ECB) monetary policy. The nature of the contest is arcane, to say the least. For a while now, the Banque de France governor Francois Villeroy de Galhau has been pushing the idea of “tiering” deposit rates to ease the pain ...

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