Stop Bashing Buybacks
Stop Bashing Buybacks

An opinion piece in the Financial Times contends that the focus on stock buybacks in the Inflation Reduction Act, which imposes a 1% excise tax on share repurchases, indicates a…

Powell Abandons Soft Landing
Powell Abandons Soft Landing

Federal Reserve Chair Jerome Powell has abandoned his goal of a “soft landing” and is engineering something that could be much more difficult for the economy, according to an article…