• Trump administration’s embrace of “perp” futures sets off risk alarms for Wall Street stalwarts
    By Laura Matthews and Hannah Lang NEW YORK, November 9 (Reuters) – The Trump administration’s push to bring novel offshore perpetual futures to the US is raising alarms, according to interviews with four executives at incumbent exchanges and other key market participants who warned that the products will introduce serious new risks to the multitrillion-dollar derivatives market.  Pioneered […]
  • How the US was left exposed to the flesh-eating screwworm, years into the outbreak
    MEXICO CITY/WASHINGTON, Nov 9 (Reuters) – For decades, planes dropped billions of factory-bred sterile flies to keep the flesh-eating New World screwworm out of North America’s cattle. That controls the pest because sterile males mate with wild females – whose eggs then fail to hatch. But the strategy works only if the supply of flies […]
  • Donalds Says GOP Needs To Take Responsibility For Economy
    (Undated) — Florida Republican Governor-elect Byron Donalds says his party needs to take the responsibility for the economy to win back trust. Appearing on NBC’s “Meet the Press”, Donalds said the midterm election results speak for themselves and that the cost of living was at the top of mind for voters. He added that “people […]
  • Congress Begins “Lame Duck” Session Monday
    (Washington, DC) — Congress is set to begin a “lame duck” session on Monday with Democrats poised to take control of the House and Senate. The 120th Congress will be sworn in on January 3rd. Meanwhile, Republican lawmakers will attempt to pass a stopgap funding bill or face a government shutdown. Other bills that need […]
  • Trump Touches On Midterms, Cabinet During 60 Mins Interview
    (Washington, DC) — President Trump is defending his record in a wide-ranging interview with 60 Minutes following significant Republican midterm losses, while also acknowledging messaging problems on the economy. Republicans lost more than 40 House seats and at least seven Senate seats, with Trump attributing the setbacks to voter frustration over the Iran war, high […]