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Commerzbank earnings Q4 2024
Commerzbank, Germany's second-largest lender, has announced plans to cut 3,900 full-time positions by 2028, with the majority of the cuts…
US insurers face billions in losses from Los Angeles wildfires
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Fed’s Powell sees a ways to go on shrinking Fed holdings
Federal Reserve Chairman Jerome Powell testified before Congress this week, indicating that the central bank's balance sheet wind down process…
EconLog Price Theory: The Membership Difference?
Welcome back to our ongoing series on Price Theory problems with Professor Bryan Cutsinger. If you missed the previous problem…
California’s New Fuel Standards Hurt the Poor, with Little Environment Benefit
California is currently facing a crisis on multiple fronts - from raging wildfires to soaring energy costs. The state government's…
Zelle payments top $1 trillion in 2024
Zelle, the peer-to-peer payment network operated by Early Warning Services, a consortium of major banks, reached a significant milestone last…
Reno On the Social Effects of Banishing The Strong Gods
The Consequences of Banishing the Strong Gods In a previous post, I explored R. R. Reno's insights into the banishment…
Russian defence spending exceeds all of Europe combined, study finds
Military spending in Russia has been on the rise, surpassing all of Europe's defense budgets combined. According to a recent…