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Why the Fed Has No Choice but to Keep Cutting Interest Rates – if It Wants to Avoid a Financial Crisis

The U.S. Federal Reserve is stuck between an apparently booming economy and a financial crisis that might be right around the corner. That’s why its decision to cut interest rates by another quarter point on Oct. 30 – its third reduction in as many months – seems so odd. Lowering...

When Was the Last Time You Saw a Monarch Butterfly?

GREENBELT, Md. — Hand-raising monarch butterflies in the midst of a global extinction crisis, Laura Moore and her neighbors gather round in her suburban Maryland yard to launch a butterfly newly emerged from its chrysalis. Eager to play his part, 3-year-old Thomas Powell flaps his arms and exclaims, "I'm flying!...

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