He's been called the Godfather of supply side economics. He's the man behind the Laffer Curve. He also served as an advisor to the 2016 Trump presidential campaign. Art Laffer talks with Yahoo Finance's Stephanie Sy, Andy Serwer, Dion Rabouin and Rick Newman.
Love it or hate it, the ‘Acela Corridor’ has developed a widely recognized identity thanks to the trains that link it together.
President Joe Biden secured the backing of another union on Wednesday as the organization representing American construction workers lined up behind the Democratic incumbent and called Donald Trump a dangerous threat to the nation. The head of the North America’s Building Trade Union, which will host Biden at its legislative conference in Washington later on Wednesday, in an ad said the Republican presidential nominee "was not a good man" and was only focused on returning to the White House "to exert revenge on people." "His dark side is very, very dark and very, very dangerous for this country," said NABTU President Sean McGarvey, who said he has known Trump, a real estate developer who served in the White House from 2017-2021, for decades.
Five British military horses — one of them apparently covered in blood — escaped Wednesday and ran loose and riderless through central London.
A Spanish judge agreed Wednesday to probe allegations of corruption made against the wife of Spanish Prime Minister Pedro Sánchez by a private group with a history of filing lawsuits mainly for right-wing causes. Begoña Gómez, 49, does not hold public office and maintains a low political profile. Manos Limpias, or “Clean Hands,” accuses Gómez of allegedly having used her position to influence business deals.
Skies over the Paris region will be closed for six hours as part of the massive security operation for the July 26 opening ceremony of the Olympic Games, the Paris airports operator said Wednesday. Augustin de Romanet, chairman of Aéroports de Paris, said airlines are being warned in advance about the closure and told they will have to fly around the restricted airspace. “For six hours, there won't be any aircraft over the Paris region," he said on France Info radio.
An Aviator College plane crashed on March 30, killing the instructor and injuring the student. A preliminary report from the NTSB shows what happened.
Many of those granted pardons or commuted sentences had been given longer prison sentences than they would have under current law.
The Biden administration is preparing a new aid package for Ukraine that is expected to be worth around $1 billion, multiple sources familiar with the matter told CNN.
Residents of coastal Gullah Geechee communities are at risk of losing their homes with more frequent storm surges, rising sea levels and other impacts of climate change.
French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation following its recent takeover led by Czech billionaire Daniel Kretinsky.That ended with the arrival in March of Kretinsky at the head of a group of main creditors who oversaw a debt restructuring deal.
The United Arab Emirates announced $544 million to repair the homes of Emirati families on Wednesday after last week's record rains caused widespread flooding and brought the oil-rich Gulf state to a standstill.The rainfall, the UAE's heaviest since records began 75 years ago, killed at least four people, including three Filipino workers and one Emirati.
India is inspecting facilities of spice makers MDH and Everest for compliance with quality standards after sales of some of their products were halted in Hong Kong and Singapore for allegedly containing high levels of a cancer-causing pesticide. India's spices export regulator said it had sought data on MDH and Everest exports from relevant authorities in both countries and was working with the companies to find the "root cause" of the issue and propose corrective measures if needed. MDH and Everest did not immediately respond to queries about the Spices Board's statement.
The outgoing chief executive of top semiconductor equipment supplier ASML said on Wednesday that the U.S. government will prevent the company from servicing some machines it has previously sold to Chinese customers in some cases. Such restrictions "will not have a significant effect on the 2025 to 2030 financials, because it will be a limited number" of Chinese plants that are affected, Peter Wennink said. ASML, the largest maker of equipment used to manufacture computer chips, has faced a series of restrictions and licensing requirements from the U.S. and Dutch governments in selling its more advanced equipment lines to Chinese customers.
The man charged connection with an alleged arson at Sen. Bernie Sanders’ office in Vermont, entered a not guilty plea in U.S. District Court in Burlington on Tuesday, court records show.
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.
Naturalists have already spotted the first arrivals in a rare phenomenon during which cicadas will emerge across more than a dozen US states, including populous areas.
The names of thousands of people held in Japanese American incarceration camps during World War II will be digitized and made available for free, genealogy company Ancestry announced Wednesday. The website, known as one of the largest global online resources of family history, is collaborating with the Irei Project, which has been working to memorialize more than 125,000 detainees. People will be able to look at more than just names and tell “a bigger story of a person,” said Duncan Ryūken Williams, the Irei Project director.
KYIV, Ukraine — Ukraine needed this.
After a tense overnight standoff, Columbia University officials and students appeared to agree to further talks Wednesday on clearing a pro-Palestinian protestor encampment that has paralyzed the New York campus. It was not immediately clear if university officials had agreed to such terms, though New York Governor Kathy Hochul has said she had no plans to call in the National Guard.
Talk of an economic miracle is foundational to Modi's appeal and legitimacy at home. Yet his record is far from clear cut.
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