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Powell cautions that a new energy supply crisis could raise inflation levels.

Powell aims for a robust economy and stable inflation prior to leaving in 2026.

The Big Money Show discusses how escalating tensions in the Strait of Hormuz and Houthi attacks are pushing oil prices up, which is impacting global markets. Jerome Powell, the Chairman of the Federal Reserve, noted that the U.S. economy is currently grappling with a supply shock due to oil supply disruptions in the Middle East. […]

Father of Illinois victim cautions about possible more deaths due to immigration policy

Father of Illinois victim cautions about possible more deaths due to immigration policy

Father of Shooting Victim Calls for Change in Immigration Policies The father of a 20-year-old woman who was tragically killed by an undocumented immigrant in Illinois has voiced urgent concerns that many more innocent lives could be at risk unless there are significant policy changes following the death of Sheridan Gorman. Gorman, an 18-year-old freshman […]

Former Chicago detective cautions that Illinois biometric ban could harm police efforts.

Former Chicago detective cautions that Illinois biometric ban could harm police efforts.

Legislative Concerns After Tragic Murder of College Student A former detective chief from the Chicago Police voiced concerns about a bill introduced in the Illinois General Assembly just before the tragic murder of Sheridan Gorman. This bill aims to ban the use of biometric identification systems, which could negatively impact law enforcement efforts across the […]

Cruz cautions that Trump will face impeachment if Democrats gain control of the House in the midterms

Cruz cautions that Trump will face impeachment if Democrats gain control of the House in the midterms

Sen. Cruz Talks Potential Democratic Control in Congress Republican Senator Ted Cruz has expressed concerns that if Democrats reclaim the House majority in the upcoming midterm elections, President Donald Trump could face repeated impeachments. In a recent interview, Cruz, a conservative figure and three-term senator from Texas, highlighted the legislative achievements made during Trump’s presidency. […]

Israel Cautions That Attacks on Tehran Will ‘Escalate and Widen’ If Iranian Strikes Persist

Israel Cautions That Attacks on Tehran Will 'Escalate and Widen' If Iranian Strikes Persist

Israel’s Defense Minister Warns of Escalating Attacks on Iran Israeli Defense Minister Yisrael Katz stated on Friday that if Iran persists in launching missiles, the attacks on its territory will “escalate and expand.” This declaration came alongside reports from the Israel Defense Forces (IDF) about significant strikes targeting key installations in Tehran, particularly those involved […]

BlackRock’s CEO Larry Fink cautions that AI might increase wealth disparity.

BlackRock's CEO Larry Fink cautions that AI might increase wealth disparity.

In his latest Chairman’s letter, BlackRock CEO Larry Fink expressed concerns that wealth inequality might deepen unless more individuals engage in financial markets to benefit from investments. Fink pointed out that wealth tends to accumulate among asset owners rather than those whose income comes mainly from wages. He mentioned that the rise of artificial intelligence […]