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Imagine someone who found secondary-school maths difficult being grilled about logarithms. That is how a lot of equity investors look if you ask them about currency risk. It is not because the question is novel: any client can spot that the share price of an overseas firm, or one doing business across borders, ought to depend on foreign-exchange (FX) rates. It is because it is easy to pose, but maddeningly hard to answer. Forecasting earnings is already a pain. It becomes much worse when the task is to make forecasts...

4-minute readAndrew P. Napolitano  |  Special to the USA TODAY NetworkCan FBI be sued if agents raid wrong house? Supreme Court to weigh in.Trina Martin, son Gabe Watson and partner Toi Cliatt seek compensation after their house was mistakenly raided by the FBI.The British government's use of general warrants, allowing searches of colonists' homes without specific cause, contributed to the American Revolution.The Fourth Amendment, designed to protect the right to privacy and property, requires probable cause for government searches.The author argues that the probable cause standard is insufficient, as natural...

The Trump administration is pressuring trading partners to Buy American — American energy, defense and agricultural products, that is, and as The Wall Street Journal reports, many anxious global leaders, eager to placate the commander in chief and avoid a prolonged trade war, have voiced support for the idea. However, just as foreign leaders are saying they’ll buy American goods and services, foreign investors, from Japanese pensioners to European mutual funds to state actors are Selling American — specifically American stocks, corporate debt and, worryingly, the treasury bonds America relies...

As a global equity investor, there is much to consider from US President Trump’s new tariff regime, particularly in the context of UK equities.The UK and Singapore received the lowest ‘reciprocal tariffs’ in President Trump’s ‘Liberation Day’ announcement. A tariff rate of 10 per cent, less than that imposed on the Eurozone, is probably a win for the UK economy, but for the UK stock market the picture is a little more nuanced.Compared to Europe, which faces a 20 per cent increased tariff, the changes will be easier for UK business to...

Adolescence has shone a light on the sinister realities of UK schools (Picture: Courtesy of Ben Blackall/Netflix) The Netflix show Adolescence perfectly encapsulates my biggest fear about UK schools. That is, that the shocking standard of sex education is doing nothing to oppose incel culture, violent porn and Andrew Tate. Adolescence, which has been dubbed the best TV show in years, follows a good-hearted working class family The Millers as their life is upended when 13-year-old Jamie Miller is arrested for killing a teenage girl. What follows is an unflinching...

Eliminating property tax goes far beyond any trims realized by addressing the proverbial waste, fraud and abuse. It most likely means raising another tax to make up for the lost revenue.Gov. Ron DeSantis holds immigration press event in Palm Beach CountyGov. Ron DeSantis holds immigration Palm Beach County press event with Sheriff Ric Bradshaw, State Rep. Mike Caruso and FDLE Commissioner Mark GlassGov. Ron DeSantis has started talking about eliminating property taxes for Florida homeowners.I don’t think he really means it. For starters, it would make Florida the only state...

Share your view by emailing htrnews@htrnews.com or breid@gannett.com.Manitowoc Herald Times ReporterHere are this week’s letters to the editor of the Herald Times Reporter. See our letters policy below for details about how to share your views.Read more in Opinion: Click here for the latest Opinion headlinesWe’re not achieving our federal objectivesWeeks into the Trump/Vance term, presidential election signs are still widely displayed.Obvious federal objectives include a strong national economy, education, consistent laws with fair enforcement, an efficient military and domestic operations, and friendships with other countries.We are not achieving these goals...