Recent Posts

Wall Street’s New Era Off to Rocky Start as Fed Sows Doubts

(Bloomberg) — Jerome Powell delivered exactly what traders up and down Wall Street had long hoped for: A big interest-rate cut that would justify this year’s steep rally in stocks and bonds as the era of tight monetary policy finally began to reverse. Most Read from Bloomberg Equities, especially those …

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The Outrageous Scheme to Capture and Sell Greenland’s Meltwater

Fresh water is becoming increasingly scarce in many countries, but not in Greenland. Its ice sheet contains around 6.5 percent of the world’s fresh water, and over 350 trillion liters are estimated to run into the ocean annually. And with climate change accelerating Arctic melting, more and more of Greenland’s …

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