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“#Goldman Sachs CEO David Solomon playing it ‘cool’ with mergers” Goldman Sachs has been looking to do a big deal, or what investment bankers call “transformative,” for years now. So what are they waiting for? People there keep telling me they need asset prices of merger partners to “normalize,” aka fall enough so Goldman remains…
“#Biden’s gas-price move doesn’t come close to reversing damage he’s done” President Joe Biden’s move Tuesday to release 50 million barrels of crude from the Strategic Petroleum Reserve may knock a dime or two off what you pay at the pump eventually, but it’ll hardly make up for what he’s already done to boost gas…
“#Biden faces inflation fiasco — but won’t admit he caused it” It’s quite a spectacle watching people who credit Democrats with every job created and every percentage point gained in economic growth suddenly arguing that the White House is completely powerless in the face of our current economic predicament. Presidents generally get far too much…
“#American consumers are paying a steep price for Biden’s policies” When is Joe Biden going to admit that the inflation problem with rising prices for everything from gas, to groceries, to new cars, to apartments and homes isn’t getting better, it’s getting worse? The government just reported that yearly producer prices are up more than…
“#Canadian inflation rate hits 4.4 per cent in September as gas prices rise” Politics Insider for Oct. 21, 2021: Things are getting pricier; the CPC opposes vaccine rules; and a Trudeau mystery Welcome to a sneak peek of the Maclean’s Politics Insider newsletter. Sign up to get it delivered straight to your inbox in the…
“#Letters to the Editor — Aug. 15, 2021” China syndromeIt is amazing how the almighty dollar, greed and financial recklessness can create strange bedfellows (“China’s US Data Threat,” Aug. 10). Many technological and other goods in the United States and Europe are imported from Communist China, a persecutor and suppressor of freedom and human rights,…
“#Kneecap US oil but beg OPEC to pump more” President Joe Biden’s latest policy push has us doing not just a double take but a triple take: The man who’s put roadblock after roadblock in the way of North American energy companies in pursuit of his vow to decarbonize the US economy is . ….
“#Oil prices plunged more than $4 a barrel amid COVID-19 fears” Oil prices plunged more than $4 a barrel on Monday, headed for its worst day since March, after OPEC+ agreed to boost output, stoking fears of a surplus as rising COVID-19 infections in many countries threaten demand. Crude oil’s year-long surge has been sputtering…
“#Why we’re on path to a ’70s-like inflation disaster” There’s a simple reason why inflation is increasing: If the money supply rises while the demand for goods and services stays steady, the value of money will go down, which means that the price of everything else will go up. And with the federal government issuing…
“#Gas prices hits record $3.15 a gallon amid oil price surge” Americans are paying an average of $3.15 per gallon for gas — the most in seven years — as the economy reopens and people hit the road in droves. At $3.147 a gallon, the average national price of regular unleaded gasoline is now nearly…