Jason Cohen

Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis

The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, the 10th…

3 years ago

The Biden Admin Just Made America’s Biggest Bank Even Bigger

Federal Regulators made a deal with JPMorgan Chase to acquire First Republic Bank, allowing the biggest bank in the United…

3 years ago

Here’s How Much The Latest Bank Failure Will Cost The Feds — And How Americans Could Foot The Bill

The federal government is shelling out $13 billion to take over and sell First Republic Bank to JPMorgan Chase after…

3 years ago

Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints

Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies to determine whether they discriminate against certain…

3 years ago

Firm Of Ex-Intel Officials Behind Hunter Biden Letter Advising VC Giant Pouring Millions Into China

Investment firm Sequoia Capital recently hired Beacon Global Strategies, a firm led by former intelligence officials behind the infamous Hunter…

3 years ago

DUH! Federal Reserve Says It Dropped The Ball In Silicon Valley Bank Failure

The Federal Reserve’s banking supervisors failed to take adequate action to solve California tech lender Silicon Valley Bank’s (SVB) severe…

3 years ago

‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water On Biden’s Economic Optimism

President Joe Biden expressed hopefulness about the economy following a dismal GDP report on Thursday, but Wall Street executives are…

3 years ago

US Economic Growth Slows To A Crawl

The U.S. economy slowed to a 1.1% annual growth rate in the first quarter of 2023, according to GDP statistics…

3 years ago

Federal Agencies Pledge To ‘Vigorously Enforce’ Laws Against Discriminatory AI Technologies In Joint Statement

Federal Trade Commission (FTC) Chair Lina Khan and other federal agency officials jointly pledged to use law enforcement to maintain…

3 years ago

After Biden’s Campaign Set In Motion Hunter Biden Laptop Letter, These Signatories Joined His Admin

After Biden campaign officials coordinated a letter signed by 51 former intelligence officers casting doubt about the authenticity of Hunter…

3 years ago

‘Disastrous’: Janet Yellen Warns Against Economically Decoupling From China

The United States has no desire to economically decouple from China as it would have catastrophic consequences, Treasury Secretary Janet…

3 years ago

Meta’s Oversight Board Demands More COVID-19 Censorship

Meta’s Oversight Board, an independent body that reviews the social media platform’s content moderation efforts, published a report Thursday recommending…

3 years ago

BlackRock Sued For Allegedly Racist Hiring Practices

America First Legal Foundation (AFL), a conservative nonprofit, filed a federal civil rights complaint Tuesday against investment management giant BlackRock…

3 years ago

Two-Thirds Of Americans Say Inflation Is Gutting Their Paychecks

Continual inflation has hurt Americans, with roughly two-thirds of them reporting their wages cannot keep up, according to the most…

3 years ago

Big Banks Win Big After Financial Sector’s Chaotic Start To The Year

Some of the largest financial institutions posted positive earnings despite bank turmoil during the first quarter of 2023, according to…

3 years ago