Water heats up much more slowly than land surfaces, so in the summer the water is acting to cool the read more

Water heats up much more slowly than land surfaces, so in the summer the water is acting to cool the surrounding land surface. In the winter, the opposite happens. In winter the water remains warmer than the surrounding land.

Markets are now focused squarely on inflation. Will it follow the great growth we've seen and force the Fed's hand read more

Markets are now focused squarely on inflation. Will it follow the great growth we've seen and force the Fed's hand to take rates up faster than the market currently anticipates?

A substantial number of beneficiaries are already enrolled, but a lot turns on what those who are on the fence read more

A substantial number of beneficiaries are already enrolled, but a lot turns on what those who are on the fence decide to do between now and May 15. If they stay out for now, some could face financial penalties down the road if they later change their mind.

I think there is significant confusion at the Fed itself.

I think there is significant confusion at the Fed itself.

It sort of takes the place of minutes. When there's any club business it's in the newsletter. It used to read more

It sort of takes the place of minutes. When there's any club business it's in the newsletter. It used to be monthly but now it's quarterly.

Two phenomena, in my view, are particularly disturbing: One is the prevalence of the use of torture to extract confessions read more

Two phenomena, in my view, are particularly disturbing: One is the prevalence of the use of torture to extract confessions and information and the second one is the intimidation of those who make complaints against public officials. In my opinion, there is no doubt that these phenomena are more than allegations, but have in fact considerable basis in reality.

The people who are under the illusion that they're going to take all the best from both programs are living read more

The people who are under the illusion that they're going to take all the best from both programs are living a fantasy. You can't give everybody the best of both worlds in a low-cost environment.

The governor certainly takes pride in Pittsburgh's accomplishments and would be more than willing to participate in a friendly wager.

The governor certainly takes pride in Pittsburgh's accomplishments and would be more than willing to participate in a friendly wager.

We wanted to be here because it was a brand new theater and it gave us an opportunity to really read more

We wanted to be here because it was a brand new theater and it gave us an opportunity to really shine,