Kevin Warsh Cleared By Senate For 14‑Year Fed Board Seat

Welcome To Realpolitik, Which Will Be Co-Hosting Every World Cup From Now On By Michael Every of Rabobank It's easy to talk of the 'collapse of the rules-based order', but for most people it's too abstract to impact on their day-to-day lives. Then the US president --who claims he didn't know what a red card was-- calls up the head of FIFA to ask if the US World Cup team's leading scorer Balogun can have one suspended to play the round of 16 game vs Belgium - and it is. That...

Nvidia Slides Despite Blowout Earnings Amid Concerns About Margin Weakness And Future Spending In our preview of NVDA earnings we said that "Nvidia will beat FQ2 (July) revenue estimates by approximately $3-4 billion, with revenue potentially reaching $94-95 bn. The stock, however, will not respond to the beat.... recall revenue guidance has beaten Street consensus by an average of 4% over the past four quarters, while the stock has traded down 3%/5% on average over the subsequent 7/30 days." And boy were we right: despite blowout beats on the top and...

Denver Imposes Water Restrictions, Orders Restaurants To Serve Only On Request Authored by Jacki Thrapp via The Epoch Times (emphasis ours), Restaurants in Colorado’s capital are only allowed to serve water to guests if they ask, according to new restrictions by the Denver Board of Water Commissioners. A scenic view of the Denver skyline at sunset, with the Rocky Mountains in the background and a forest in the foreground. Bill Ross/Getty Images “Restaurants and catering businesses shall serve water only upon request,” the mandatory irrigation restrictions read. The rules were issued in the Mile...