The photo has been used for illustrative purposes.
The Nobel Prize for Economics 2022 has gone to three American economists, one of them former Federal Reserve chair Ben Bernanke. The other two are Douglas Diamond and Philip Dybvig. They belong to the same generation. Bernanke and Diamond were born in 1953 and Dybvig in 1955. The Nobel committee chose them
NEW YORK: Wall Street treaded water on Wednesday after moves in the US bond market brought back fears of a recession as a bruising U.S.-China trade war drags on, while a rise in energy shares offered support.
The American job market has defied raging inflation, rising interest rates, growing recession fears. Month after month, US employers just kept adding hundreds of thousands of workers, often beating forecasters’ expectations. But now economists worry that signs of weakness are starting to turn up in hiring, threatening
Turkey’s President Recep Tayyip Erdogan after his historic re-election for a third time has taken two major decisions which reveal that he will not push for his unorthodox economic ideas this time round to tackle the country’s economic crisis, which had faced a 85.5 per cent inflation rate last October and which had come down to 43.7%
Embers from a smoldering scrap wood fire set days earlier outside a home used by a Christian religious communal group along with a sparking power line caused a 2021 Colorado wildfire fanned by high winds that destroyed nearly 1,100 homes and left two people dead, authorities said on Thursday. Authorities spent 18 months investigating
Many immunocompromised and older people are still terrified of COVID. As a transplant infectious disease doctor on the front lines, I understand why. In the first five months of 2023, COVID caused more than 37,000 deaths in the US, a typical toll from the flu in an entire year. Scientists estimate an annual US COVID death rate of at
“Just leave the baby on the street, where you found her.” What if you found a crying human infant alone on the sidewalk and this was what a 911 operator told you to do? It would be unthinkable, right? Yet this is what some animal shelters are instructing people to do if they find kittens outdoors — to leave them there. Some groups are