Fed’s preferred inflation gauge eases to 2.5% in June
The Federal Reserve’s preferred inflation measure rose 2.5% year-on-year in June, in line with market expectations and raising hopes of a rate cut in September. The Commerce Department said on Friday that the personal consumption expenditures index (PCE) rose 0.1% in June from the previous month, while core PCE, which excludes volatile food and energy […]
Feds Were Reportedly Instructed To Clear Scene Of Migrants During Harris’ Border Trip
Federal immigration authorities were instructed to clear the streets of migrants ahead of Vice President Kamala Harris’ one and only border trip, according to sources that spoke with the New York Post. Before Harris made her first and only trip to see the U.S.-Mexico border in June 2021 in El Paso, federal agents were reportedly […]
Feds Kept Sending Migrant Kids To Behemoth Nonprofit Plagued With Sexual Abuse Allegations
The federal government directed scores of migrant kids to the care of a nonprofit plagued with sexual abuse allegations that date back years, a Department of Justice (DOJ) lawsuit reveals. Multiple employees for Southwest Key, the nation’s largest housing provider for unaccompanied minors, allegedly subjected kids in their care to “repeated” sexual abuse and harassment […]
Delta meltdown probed by feds as airline struggles days after global outage
The Transportation Department said Tuesday it was opening an investigation into Delta Air Lines after the company canceled more than 5,000 flights since Friday as it struggles to recover from a global cyber outage that has disrupted airlines around the world. While other airlines have been able to resume normal operations, Delta continues to cancel […]
Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary, won’t remove Fed’s Powell: report
Donald Trump will not seek to remove Federal Reserve Chairman Jerome Powell from his position before his term ends and would consider appointing JPMorgan CEO Jamie Dimon as Treasury secretary if he wins the Nov. 5 election, the former president said. Bloomberg interview It was published on Tuesday. JPMorgan declined to comment on Trump’s remarks. […]
The Feds Cook the Books Once Again
Estimated Reading Time: 2 minutes Every year, an oddball reads the General Accounting Office’s audit of the financial statements of the U.S. government and writes about the alarming findings, although no one else seems to care about the issue, especially the two guilty parties, the Democrat Party and the Republican Party. Because both parties are […]
Fed’s Powell says officials won’t wait until inflation reaches 2% to cut rates
Gabriela Santos, chief market strategist at JPMorgan Asset Management, analyzes the Fed’s decision-making on “Clamant Countdown.” Chairman of the Federal Reserve System Jerome Powell The Fed chairman said Monday that policymakers are not going to wait until inflation falls to 2% before cutting interest rates. “What that means is that waiting until inflation gets down […]
Fed’s Powell condemns attack on Trump: A ‘sad day for our country’
Powell will take part in a discussion at the Economic Club of Washington, D.C. Federal Reserve Chairman Jerome Powell said on Monday Assassination attempt Former President Donald Trump made the remarks at a rally in Pennsylvania over the weekend. Speaking at the Economic Club of Washington, D.C., Powell said the attack on Trump at a […]
The Feds Are So Desperate For Violent ‘White Supremacy,’ They’re Fabricating It
Estimated Reading Time: 2 minutes Last Friday, Homeland Security Secretary Alejandro Mayorkas declared white supremacists and “domestic violent extremism” to be the “most prominent threat” currently facing our country. The timing could not have been more perfect. Just hours later, a jury in Grand Rapids, Michigan exposed the Justice Department’s largest alleged “domestic terrorism” case of the last […]
Feds Prepare To Lay Charges Against Those Allegedly Responsible For Matthew Perry’s Death
The DEA is focusing on suspects in the death of Matthew Perry and is preparing to file charges. Federal investigators are investigating the untimely death of “Friends” actor Matthew Perry on Oct. 28, 2023, and are conducting searches and interviews. TMZA source familiar with the situation said they are “confident” there is enough evidence to […]