delong A government that does not tax sufficiently to cover its spending will eventually run into all manner of debt-generated trouble. Its nominal interest rates will rise as bondholders fear inflation. Its business leaders will hunker down and try to …
And yet… the debt that Apple is selling yields so little – at 20 to 100 basis points above the ultra-low yields on government bonds – that it begs comparison with Treasury debt. Investors flocked to buy the Apple debt issue: it offers a not-too …
President Barack Obama sought on Thursday to tamp down a potential rift with Mexico over a dramatic shift in the cross-border fight against drug trafficking and organized crime, acceding that Mexicans had the right to determine how best to tackle the violence that has plagued their country.
In South Carolina, the nullification bill proceeds to the state Senate for committee review. It would allow the state attorney general to take action against anyone causing harm by the implementation of Obamacare.
U.S. officials see development of the weapon as critical to convincing Israel that the U.S. has the ability to prevent Iran from getting a nuclear bomb if diplomacy fails, and also that Israel’s military can’t do that on its own.
Federal prosecutors in Chicago say they’ll appeal a judge’s decision to release an Illinois teenager accused of wanting to join terrorists in Syria.
U.S. Attorney General Eric Holder has told Kansas Gov. Sam Brownback that a new state law attempting to block federal regulation of some guns is unconstitutional and that the federal government is willing to go to court over the issue.