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How Donald Trump set up Joe Biden for success

By President Joe Biden’s own admission, defeating Donald Trump was the main motivating force of his campaign. As his administration clarifies its economic agenda, however, it’s becoming clear that Biden’s true legacy lies not in rolling back Trump’s policies but in refining them. Of course there are many differences, in both style and substance, between Biden and Trump. Yet the ...

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Elon Musk should come clean

At a time when most major companies are working on plans to cut their carbon emissions, one of the darlings of green investing is working to increase its emissions footprint. You read that right. Thanks to its explosive expansion in China and a planned car plant in India, Tesla Inc is in the process of not just increasing the total ...

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Banker bonuses always send important message

The message the European Central Bank (ECB) has sent by objecting to Deutsche Bank AG’s proposed bonus pool is unmistakable in the midst of a pandemic, but the banking regulator needs to be careful about unintended consequences. The European Union is on a concerted post-Brexit drive to lure highly-paid bankers to the continent from the City of London. Regardless of ...

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