Browsing: Federal Reserve
The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder
In 2020, Covid shut down global supply chains and sent inflation surging. In 2022, Russia’s invasion of Ukraine triggered a…
Jerome Powell says you’re right to blame data centers for making your bills more expensive
Fed Chair Jerome Powell acknowledged Wednesday that the AI-fueled data center boom is contributing to inflation, pushing back on the…
Jamie Dimon says Trump’s $5B JPMorgan lawsuit has ‘no merit,’ but he’d be angry about debanking too
While he dismissed President Donald Trump’s $5 billion debanking lawsuit against his company, JPMorgan CEO Jamie Dimon said he also…
Federal Reserve governor Christopher Waller said Monday that solid job gains in January could mean the central bank can skip a rate…
America faces a ‘debt crisis’ a lot like the 1980s when a ‘private pact’ brokered by Ronald Reagan did the trick
The U.S. is perched on a treacherous fiscal ledge. The national debt held by the public has surged past $38…
AI doomsday where many workers are ‘essentially unemployable’ is totally possible, Fed governor says
Federal Reserve Governor Michael S. Barr issued a stark warning on Tuesday regarding the potential trajectory of artificial intelligence, outlining…
The U.S. economy was growing at an annualized rate of 4.4% last year (the most recent period for which we…
One of Wall Street’s most feared hedge fund managers on the decline of the dollar: gold is ‘becoming the reserve asset’
Gold blasted past $5,300 per ounce last month as President Donald Trump’s hawkish foreign policy and tariff threats sent investors…
Before Kevin Warsh has even taken over as Fed chair, Trump is joking about suing him. Scott Bessent is fine with that
Treasury Secretary Scott Bessent says it would be “up to the president” to decide whether or not to sue Kevin Warsh,…
Fed chair nominee Kevin Warsh could crush Trump’s rate-cut hopes and risk suffering the same level of abuse that Powell got, analysts say
President Donald Trump’s pick to lead the Federal Reserve is just one vote on the rate-setting committee, potentially setting up…












