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Rosenstein will face off with Senate GOP over Russia probe

Former Deputy Attorney General Rod Rosenstein will be in the hot seat Wednesday testifying before the Judiciary Committee in Senate Republicans’ first hearing taking aim at the origins of the FBI’s Russia investigation. Rosenstein is expected to face pointed questions from Republicans about problems with the foreign surveillance warrant obtained on a former Trump adviser,…MORE

Britain’s biggest car plant may not survive Brexit

Britain’s biggest car plant has so far weathered the coronavirus pandemic and a major corporate restructuring. But it may not survive Brexit. Nissan has warned that its massive plant in Sunderland won’t be sustainable if the United Kingdom fails to strike a new deal with the European Union that maintains tariff-free trade in cars. “If…MORE

America is in turmoil and stocks are booming. Is the market broken?

The stock market is not the economy. But rarely has the gap between Wall Street and Main Street felt so wide. The United States is going through its worst race crisis since 1968 following the death of George Floyd, an unarmed black man, at the hands of a police officer in Minneapolis. Riots have hit…MORE

Incumbents usually are penalized in times of unrest

The protests and civil unrest of the last week have led many to try and find the correct historical analogy during this election year. Is this 1968, a year in which Republicans, with Richard Nixon as their standard-bearer, won back the White House? Is this 1970, a year in which Republicans suffered a double-digit loss…MORE

Australia suffers first recession in 29 years

Australia suffers first recession in 29 years

Australia’s economy is suffering its first recession in nearly three decades as the nation grapples with the impact of the coronavirus pandemic. The country’s economy shrank 0.3% in the first three months of the year from the previous quarter, according to the Australia Bureau of Statistics. Treasurer Josh Frydenberg on Wednesday warned that GDP will…MORE