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FRB Chair’s testimony was largely as expected. Powell stated that the Committee is monitoring the coronavirus, signaling it out among risks threatening the economy. The Chairman characterized the economy “as strong,” inflation is “trending to goal,” and the labor market as ...

Only history knows the ultimate outcome of the drone attacks. What is definitively known is oil instillations are not impregnable. That illusion was shattered just as past illusions of invincibility such as the Great Wall of China and the...