The world is still short of everything. Get used to it

Like most people in the developed world, Kirsten Gjesdal had long taken for granted her ability to order whatever she needs and then watch the goods arrive, without any thought about the factories, container ships and trucks involved in delivery. Not anymore. Inventor Eric Poses has seen international shipping costs for his board games soar, […]

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Biggest Battle of World War II

Although the United States has been in a number of so-called wars, Congress last used its power to declare war in 1942, according to the archives of the House of Representatives. That declaration was part of a series at the start of World War II. The other well-known congressional actions were for World War I […]

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The financial crisis the world forgot

By the middle of March 2020, a sense of anxiety pervaded the Federal Reserve. The fast-unfolding coronavirus pandemic was rippling through global markets in dangerous ways. Trading in Treasurys — the government securities that are considered among the safest assets in the world, and the bedrock of the entire bond market — had become disjointed […]

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