Is the World Overdoing Low Interest Rates?

Low interest rates are supposed to accelerate economic  growth. But if central banks cut rates too much, they could actually slow the economy. So says a counterintuitive theory that's making the rounds in academic and banking circles.“Fed actions may be having little effect, or even effects opposite to those the Fed intends,” Charles Calomiris, an economist at Columbia…

Gordon Ramsay harshly critiques Dale Earnhardt Jr.s favorite snack

Dale Earnhardt Jr. is one of the greatest drivers to sit behind the wheel of a stock car. But when it comes to making palatable sandwiches, his laps behind everyone else at least according to "Hell's Kitchen" star and award-winning restaurateur Gordon Ramsay. Ramsay turned up at Delawares Dover International Speedway on Sunday to film…

US officials scramble to limit Donald Trump’s diplomatic damage over Qatar tweets

Government agencies sought to mitigate the impact of presidents lambasting, restating existing policy and playing down the significance of the tweets The US state and defence departments have scrambled to limit the diplomatic damage done by Donald Trumps morning tweets lambasting Qatar, which is the hub for US military air operations across the Middle East.…