Articles in English

The University of Alabama at Birmingham is no ordinary institute of higher education. Not only are its 23,000 employees responsible for the education and well-being of more than 22,000 students, but many have also been tasked with caring for thousands of pandemic-stricken patients

NEW YORK – It is easy to underestimate Joe Biden. The new US president has been dismissed by some people on the left as a party hack, a trimmer, a holdover from a corrupt and broken establishment. An article in the conservative journal National Review bore the headline: “Joe Biden: Mediocrity Personified.” It was written by that right-wing admirer of great men, Conrad Black, the former newspaper owner and convicted fraudster

TOPLINE After closing at record highs Monday, the major stock market indexes are taking a breather despite corporate earnings that continue to shatter Wall Street expectations, as the economic conditions underlying the bull market's recent rally continue to rage on

Millennials were shunning plastic and supposedly wary of consumer debt. Affirm's Max Levchin saw a way to repackage buying now and paying later for younger folks—and it's made him a billionaire

NEW YORK – Last week, a social-media-fueled populist rebellion gripped capital markets. Retail investors purchased huge amounts of stock in struggling companies like GameStop, AMC, and BlackBerry (among others). They wanted to make a buck. But, even more than that, they wanted to punish the financial elites, like hedge funds, that had been betting on the companies’ decline

STANFORD – Mario Draghi, the European Central Bank’s former president, has been asked to form a government of national unity in Italy at a pivotal moment. Coming so soon after Joe Biden’s arrival in the White House, and with the impending retirement of German Chancellor Angela Merkel, a Draghi premiership means that French President Emmanuel Macron will no longer cut such a forlorn figure in Europe when standing up for the West and democratic values

Ant Group has agreed on a restructuring plan with China’s regulators that will turn the fintech giant into a financial holding company subject to capital requirements similar to those for banks, Bloomberg News reported

NEW YORK – US President Joe Biden has proposed a $1.9 trillion rescue plan to help the American economy recover from the pandemic. Many Republicans oppose it, suddenly consumed with the fiscal religion they unceremoniously abandon whenever their party controls the White House. The massive tax cuts the GOP bestowed on billionaires and corporations in 2017 resulted in the highest US fiscal deficits on record, outside of a deep recession or war. But the promised investment and growth never materialized