The Fed’s 50 Basis Point Cut Was a Mistake Driven by Political Pressure
Fed Rate Cuts: A Premature Mistake Caused by Politics The Fed's 50 basis point interest rate cut in September was not only premature; driven by political pressure. Last Friday's employment statistics revealed a misjudgment. 254,000 new jobs, unemployment rate down to 4.1%Rather than stagnate, the labor market is growing stronger. Wages rose 4% from a […]
Lake rips Biden-Harris ‘double whammy’ policies affecting Arizonans : ‘Driven us over the cliff’
Phoenix, Arizona – Arizona Republican Senate candidate Kari Lake told Fox News Digital that illegal immigration is disproportionately hurting the state's residents, creating a “double whammy,” and that the state's Republican Party won in November. He claimed that it would lead to victory. “I think most Americans think they've pushed us over the edge, over […]
Bitcoin price recovery driven by growing US financial concerns – Cointelegraph
Bitcoin (BTC) has risen 2.4% since retesting the $59,900 support level on October 3, despite facing initial resistance at $62,000. The Oct. 4 rally was driven primarily by macroeconomic factors, including U.S. employment data, expectations for Japan's economic stimulus, and growing concerns about the U.S. financial system. In the United States, the economy is strong, […]
‘Charlamagne tha God’ calls on Democrats to run against ‘ego’ driven Biden
Radio host “Charlaman the God” on Tuesday urged Democrats to accept President Biden’s challenge to face him at the Democratic National Convention. Amid calls for him to step down and put another Democrat in the running for the top spot, Biden declared Monday in a telephone appearance on MSNBC’s “Morning Joe” that “I’m not going […]
Archegos collapse driven by Bill Hwang’s ‘lies and manipulation’: prosecutor
The 2021 collapse of Song Kook “Bill” Hwang’s Archegos Capital Management was driven by “lies and manipulation,” federal prosecutors said Monday in a criminal trial over the collapse of a private investment fund worth a combined $36 billion. Jurors heard closing arguments from the prosecution and defense in Manhattan federal court in the trial of […]