Pirro drops Powell probe but vows to restart probe ‘should the facts warrant doing so’
The criminal investigation that has held the Federal Reserve chair nomination hostage for three mont[……] Read More
Bessent and Powell convened Wall Street CEOs to address Anthropic’s ‘Mythos’ model
Treasury Secretary Scott Bessent and Fed chair Jerome Powell reportedly convened Wall Street leaders[……] Read More
‘Inflationary surge’: Fed economists warn AI hype is overheating the economy
While many Americans shudder at the prospect of AI taking their jobs, business leaders and tech enth[……] Read More
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 in[……] Read More
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 t[……] Read More
Wall Street expects Fed to stay hawkish on Iran oil prices months after the conflict has ended
While President Trump managed to calm markets somewhat this week by saying the U.S. and Israel’s war[……] Read More
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, JPMorg[……] Read More