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1 Article
Source: Common Domain

Why investors shouldn’t fear a rising-rate environment

Today 01:32 GMT

U.S. stocks are coming off their sixth straight daily advance, a rally that resulted in their biggest one-week percentage gain in years, though they remain about 5% below their all-time highs.

An economic environment with higher rates is considered one of the biggest question marks facing Wall Street, and an “inflation-induced bond crash” was cited as the biggest risk facing stocks by portfolio managers polled by B. of A. Merrill Lynch.

1 Article
Source: New York Times

The Scion of a Pakistani Political Dynasty Comes Out

Today 03:22 GMT

At least in America, he noted, “these days, identifying as Muslim is more tricky than identifying as queer, funnily enough.”

As audience members in a dimly lit club cheer, Mr. Bhutto appears in a silky dress, dancing to the 1980s hit, “Disco Deewane,” by the Pakistani singer Nazia Hassan. The words “Queer Muslim Proud” appear on the screen, followed by an introduction to the subject, in neon letters.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte