It's appalling to think that the Fed would try to influence an election, says Larry Summers

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It's appalling to think that the Fed would try to influence an election, says Larry Summers

New York (CNN Business) The Federal Reserve should stay in its lane, whether or not it agrees with the policies of the White House. So says former Treasury Secretary Larry Summers, who had strong words Thursday for central bankers. He was responding …
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'Big Short' investor Michael Burry predicted the housing crisis. Now he's calling passive investment a 'bubble.'

Investor Michael Burry rose to fame by shorting mortgage securities ahead of the 2008 housing meltdown. His wager was heavily featured in Michael Lewis’ bestselling book “The Big Short,” and Christian Bale portrayed Burry in the 2015 film adaptation.
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Viral deep-fried 'Pizzadilla' grosses out the Internet: 'I'm gonna have a nightmare tonight'

Pizza is great. Quesadillas are delicious. Deep-fried food is wonderful. Combining all three into one monster dish, however, might be taking things a little too far. Cooking videos have become extremely popular on the internet, especially when they show …
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India Liberalizes Foreign Direct Investment to Boost Economy

NEW DELHI (AP) — India decided Wednesday to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media, and also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy.
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Lego Begins Releasing Instructions in Braille

Lego will begin releasing building instructions in braille and via audio for visually impaired collectors. A pilot program using AI technology was launched today, inspired by blind entrepreneur Matthew Shifrin, a longtime Lego fan who had to rely on a friend, …
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