Hopeton Walker

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This week’s market bloodbath shows it’s time for governments to do what central banks cannot

After the Great Recession, central banks undertook extraordinary efforts, but with un-extraordinary results.<p>The US Federal Reserve first backstopped the entire financial system, then printed trillions in reserves and pushed down long-term interest rates. Mario Draghi’s ECB did “whatever it takes” …

Interest Rates

House GOP fails anew to repeal Obama's health care law

WASHINGTON (AP) — Republicans failed in their latest futile attempt Tuesday to kill President Barack Obama's health care overhaul, a Groundhog Day …

Health Care

Warren Buffett's Stock Berkshire Hathaway Is Almost In a Bear Market

In the past, Warren Buffett has predicted that his performance is likely to be better, relative to everyone else, in bear markets than in bull ones. …

Wearing a bike helmet might make you more dangerous

Perhaps safety helmets should carry a health warning. Wearing them, it appears, encourages dangerous risk-taking. In an extraordinary study, Dr Tim Gamble and Dr Ian Walker, from the University of Bath’s department of psychology, have shown that wearing a helmet is likely to increase …

Psychology