Donald Trump keeps baiting the Fed—but Jerome Powell’s not biting: ‘I’m going to disappoint you’

In a federal game of cat and mouse, President-elect Donald Trump has continued to taunt Jerome Powell and the Federal Open Market Committee (FOMC)—questioning the group’s independence and agenda. The only problem is, Powell isn’t playing. The Fed chairman is determinedly shutting down speculation and allegations that he and his FOMC peers are political. Likewise, … Read more

Moment Bahamas MP throws ceremonial mace out parliament window

A parliamentary session in the Bahamas has been dramatically suspended after an opposition MP threw a ceremonial mace out a window. Shanendon Cartwright, the deputy leader of the opposition, was restrained by police and officials following the incident. During the scuffle the deputy speaker was struck and taken to hospital, while a police officer suffered … Read more

Why Kinder Morgan, Energy Transfer, and Enterprise Products Partners Rallied More Than 15% in November

Pipeline companies rallied sharply in November. Natural gas pipeline giant Kinder Morgan (NYSE: KMI) rallied 15.1%, according to data provided by S&P Global Market Intelligence. Meanwhile, leading master limited partnerships (MLPs) Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD) were both up more than 20%. Those were huge moves for the relatively slower-growing … Read more

Myntra enters India’s quick-commerce race with 30-minute apparel delivery

Fashion e-commerce firm Myntra on Thursday launched “M-Now,” its quick-commerce offering that promises to deliver apparel and other lifetstyle accessories within 30 minutes. Retailers in India are rushing to meet changing consumer behavior and expectations, particularly fast deliveries of groceries, beauty and lifestyle products within an hour. Myntra said M-Now will offer customers access to … Read more