The Greenspan Put is a term academics, journalists, and others use to describe a practice instituted by the late former Federal Reserve Chair Alan Greenspan that has become part of the central bank’s tools of monetary policy.It was supposed to be an aid to markets in dark times, changing the face of the economy for the better. But it has really been a tool for bettors, the big investors who want to feel that someone will have their backs when things go wrong. The Put also undermines the basic idea of markets, that some things will succeed, others fail, and…

The mark of a great player?Not letting an early blunder affect his or her game.Exhibit A today is one Lionel Messi, who overcame an embarrassing penalty kick miss to connect twice to power Argentina to a 2-0 victory over Iraq at AT&T Stadium in Arlington, Texas, on Monday.Of course, we’re…

WASHINGTON (AP) — The Kennedy Center’s management isn’t making a commitment to scheduling new shows or building up its staff even as the performing arts venue considers options short of a full two-year closure that a federal judge blocked last month.In a court filing Friday, Kennedy Center lawyers said the…

Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.Changes are coming to the ice in Yellowknife this winter, and not everyone is cheering about it. The Yellowknife Minor…

FIFA World CupJordan 1 – 2 Algeria FTAlgeria fought back to eliminate debutants Jordan from the World Cup and keep their own knockout hopes alive in San Francisco.Jordan were organised in defence against an Algeria side who dominated possession – and the underdogs took a…

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