Markets Have Returned To Taking Headlines As Gospel

Where Child Poverty Is Highest (And Lowest) In The OECD Child poverty rates vary widely across OECD economies, ranging from less than 5% in Finland to nearly 30% in Costa Rica. This visualization, via Visual Capitalist's Melissa Garside, ranks OECD countries by the share of children ages 0–17 living below the poverty line in 2023. The poverty line is defined as half the median household income of the total population, meaning the measure is relative to living standards within each country. As a result, countries with the same poverty rate can...

Utility Profits In The Crosshairs Amid Affordability Concerns By Herman Trabish of UtilityDive,Last month, protesters angry over high electricity costs disrupted a Las Vegas conference of executives for the nation’s biggest investor-owned utilities — a vivid example of growing public outrage that has forced the industry to again defend their legally guaranteed profit margins.  As affordability concerns increase political pressure, several states have taken steps to lower utilities’ return on equity, either through regulatory or legislative action. Consumer advocates say these measures are long overdue, while utilities say suppressing their ROE...

President Trump was reportedly “shocked” to see many thousands of Iranians in the street mourning at the funeral of the country’s late leader, Ayatollah Ali Khamenei, over the weekend. Khamenei was assassinated by the United States at the beginning of the February US surprise attack on Iran. The US attack on Iran was sold to […]