The news of Ed Gale’s passing at a mere 61 years old elicited a wave of nostalgia among movie enthusiasts who fondly remember his quirky performances in cult classics like “Howard the Duck” and “Child’s Play.” But while we pay tribute to his impressive career as an actor and stunt performer, it’s nearly impossible to
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In a bold move signaling a deeper financial malaise, South Korea’s central bank, the Bank of Korea (BOK), recently instituted a quarter-point reduction in its policy interest rate, lowering it from 2.75% to 2.5%. This adjustment, marking the fourth reduction in just six meetings, is indicative of an economy grappling with mounting pressures. Set against
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The mercurial nature of President Donald Trump’s trade policies has left markets and investors in a constant state of anxiety. What is fondly termed the “TACO trade”—an acronym describing Trump’s tendency to “Always Chicken Out”—encapsulates a troubling cycle. While the art of negotiation is ostensibly a hallmark of Trump’s presidency, the reality often deviates sharply
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As global trade dynamics shift and political tensions escalate, the Federal Reserve finds itself in a precarious position, grappling with uncertainties that challenge its traditional tools of monetary policy. Recent minutes from the May Federal Open Market Committee (FOMC) meeting elucidate the depth of concern among Fed officials regarding the interplay between tariffs, inflation, and
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The sheer magnitude of wealth concentrated in America is nothing short of astounding. As the nation hosts a staggering 37% of the world’s millionaires, it raises critical questions about the implications of such vast wealth inequality. With over 6 million individuals in the U.S. holding liquid assets exceeding a million dollars—a dizzying 78% increase in
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