Recent news reports highlighted how the Fed technically has a third mandate – moderate long-term interest rates. An economist explains how the objective is already baked into the other two.
Hawk Dunlap isn’t used to being cold. On a gray day last January when I visited him in West Texas to tour abandoned oil wells, Dunlap—in his mid-50s with a James Brolin vibe—was bundled up, a sweatshirt pulled over his signature red coveralls. As we drove, Dunlap told me, with a note of sorrow in […]
As federal regulators weigh Netflix’s acquisition of Warner Bros. Discovery's studio and streaming business, WBD will continue spinning off its cable assets.