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Money & The Economy
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…
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Money & The Economy
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…
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Money & The Economy
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…
Read More » 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…
Read More »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…
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In The News
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…
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Money & The Economy
‘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…
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Money & The Economy
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…
Read More » 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…
Read More »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…
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In The News
‘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…
Read More » 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…
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Money & The Economy
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…
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Money & The Economy
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…
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