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Federal Reserve policies widened the gap in income inequality while billionaires gained significantly over the last four years.

Economic specialists are noting that the wealth gap among the richest citizens has widened even further following the Covid-19 pandemic. “It appears that the federal regulations and taxes, if any, aren’t particularly favorable toward big businesses or the wealthy,” economist Peter St. Onge mentioned in a phone conversation. He believes the Federal Reserve is contributing […]

Zohran Mamdani gained from taxpayer-funded housing at Columbia University that he aims to eliminate.

Mamdani’s Push for Property Tax Changes New York City mayoral candidate Zohran Mamdani is advocating for the removal of substantial property tax exemptions currently enjoyed by private universities, particularly Columbia University. Mamdani, a democratic socialist and assembly member from Astoria, Queens, has introduced legislation aimed at altering or completely abolishing tax exemptions for “private institutions […]

Fund manager reveals how his little-known ETF gained 80% in 2024 – CNBC

Artificial intelligence will continue to be a growing investment theme in 2025 and beyond, according to a tech fund manager who posted an 80% return in 2024. Beck Lee, chief investment officer of Hong Kong-listed exchange-traded fund Pando CMS Innovation ETF, said the fund selects stocks based on independent research that combines macroeconomic factors and […]

Actor James Woods recalls chaotic moments as Palisades fire gained momentum

Actor James Woods recalled the chaotic moment Tuesday afternoon in Pacific Palisades when a deadly wildfire began ravaging his neighborhood, destroying one home after another. Woods and his family fled the house as the flames drew closer and closer. He's not sure if his house is still standing, but told The Ingraham Angle on Wednesday, […]

Trump on McCarthy Pushing to Raise Debt Ceiling: ‘Nothing Was Gained’

President-elect Donald Trump criticized former House Speaker Kevin McCarthy (R-Calif.) for his earlier push to extend the debt ceiling until January 2025, calling it “the stupidest thing in years.” “It was a political decision,” he added. in post President Trump said on Truth Social that there was “no reason” to extend the debt ceiling, adding: […]

One Relatively New Decentralized Exchange Has Gained Traction Quickly Amid a Cooling DEX Market: IntoTheBlock – The Daily Hodl

Despite the cryptocurrency sector’s bear market, relatively new decentralized exchanges (DEXs) are gaining momentum, according to digital asset analytics firm IntoTheBlock. company Notes The market capitalization of the leading DEX tokens is currently $26.6 billion. “After a brief rally earlier this year, the market has cooled off, wiping out all of the gains made since […]