Since taking over as the euro zone’s main banking supervisor, the European Central Bank (ECB) has spearheaded efforts to reduce the amount of bad loans that had cumulated throughout the great recession and the euro zone sovereign debt crisis. This pile has fallen from 6.8% of total loans at the peak in the December 2015 to 2.9% in September 2019. ...

As the coronavirus spreads, it’s increasingly clear that the US government has made mistakes. This is a difficult time to assess those mistakes, however; it’s not yet clear, and won’t be for some time, either the extent or the responsibility for things that have gone wrong. We’re going to see more articles about how things went awry, and that’s part ...

Recently, the S&P 500 ETF SPY traded over $100 billion in volume in a single day. With a .1% financial transactions tax, something that a few US presidential hopefuls had proposed, that volume would have generated $100 million in government revenue. Those types of numbers have lawmakers salivating over the potential to raise untold amounts of money from applying very ...