central bank

Central Banks Warn: Investors May Get Crushed When They All Run for the Exits

Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in 2013, according to Dealogic. This quarter is already in second place, nudging up against the all-time quarterly record of $455 billion of Q2 2014. About $87 …

Obama withholding

Administration sets record for withholding government files

WASHINGTON (AP) — The Obama administration set a record again for censoring government files or outright denying access to them last year under the U.S. Freedom of Information Act, according to a new analysis of federal data by The Associated Press. The government took longer to turn over files when it provided any, said more regularly that it couldn’t find …