We develop a quantitative New Keynesian DSGE model with monopolistic banks to study the macroeconomic effects of introducing a central bank digital currency (CBDC). Households benefit from an ...

Ford’s GT40 took the world by storm and had tremendous racing success, famously besting Ferrari at the 24 Hours of Le Mans in a dominant 1-2-3 finish in 1966. A GT40 took the checkered flag the ...

SEATTLE -- The Mariners have landed their coveted lefty reliever, but in doing so, they are also parting with their top catching prospect and now must address what to do at Cal Raleigh’s backup spot.

Chris Paul's return to Clippers came to a sudden end early Wednesday morning. Illustration: Demetrius Robinson / The Athletic; Photos: Nell Redmon / AP Photo, Andrew D. Bernstein / NBAE via Getty ...

Calling horse racing a risky sport would be an understatement, and incidents like the one captured in this video show exactly why. "This was taken at Melbourne Cup Race 9 on Tuesday, 4th November," ...

Chris Paul’s time with the Los Angeles Clippers is over. Tyronn Lue's job, meanwhile, appears to be safe amid the turmoil and a 5-16 start to the season. Paul was sent home by the franchise late ...

It’s the type of storybook ending worthy of legendary sports stars: a retirement tour around the league where you say farewell to all of the cities and fanbases you played for or against – if you can ...

CHARLOTTE, NORTH CAROLINA - NOVEMBER 22: Chris Paul #3 of the LA Clippers looks on during the first half of a basketball game against the Charlotte Hornets at Spectrum Center on November 22, 2025 in ...

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Chris Paul has played his last game with the Clippers. Katelyn Mulcahy / Getty Images In what is the latest low in a season of woe, the LA Clippers announced early Wednesday morning that they will ...

So said heavyweight champion Oleksandr Usyk when asked about the upcoming boxing match between Paul and former world champion Anthony Joshua. “If Anthony Joshua wants, he (can) kill this guy,’’ Usyk ...

Here’s your chance to buy a vehicle that once belonged to one of the greatest car lovers to ever appear on the big screen. Walker’s Ford GT dates back to the vehicle’s first year of production. Its ...