Browsing: Federal Reserve
Fed Chair nominee Kevin Warsh is worth more than $100M and has stakes in SpaceX and Polymarket
Kevin Warsh, President Donald Trump’s pick for the next Federal Reserve chair, is worth more than $100 million, according to a…
Treasury Secretary Scott Bessent and Fed Chair Jerome Powell reportedly convened Wall Street leaders on Tuesday in an emergency meeting…
The job market is so bad workers think they have worse odds of finding a job than during COVID
Job prospects during the pandemic were grim. After all, companies shuttered their windows, business went online, and recessionary forces put…
While many Americans shudder at the prospect of AI taking their jobs, business leaders and tech enthusiasts continue praising its…
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…












