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What sky-high borrowing costs mean for you and your money

Gabriela Santos, chief market strategist at JPMorgan Asset Management, analyzes the Fed’s decision-making on “Clamant Countdown.” The Federal Reserve signaled at the end of its two-day meeting on Wednesday that interest rates will remain high for some time and that Americans will be forced to adjust to the reality that borrowing money is much more […]

The Money Supply Has Shrunk For Eight Months In a Row

Money supply growth fell again in June, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. June’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, and since November, […]

Manhattan DA Bragg to testify at Congress day after Trump hush money sentencing

Manhattan District Attorney Alvin Bragg said Tuesday that he plans to testify before Congress on July 12, the day after former President Donald Trump is found guilty of hush money. Bragg and prosecutor Matthew Colangelo, a former senior Justice Department official appointed in 2022 to lead the Trump investigation, are scheduled to appear before a […]

War buskers: Ukraine musicians raise money to send drone to front line for brother

LVIV, UKRAINE — For the past couple of months, weekend visitors to a massive monument to Taras Shevchenko, the Ukrainian poet and nationalist whom Russian Czar Nicholas I imprisoned and exiled for his political views, have watched their children play while taking in the garage rock tones of The White Stripes. “Everyone tries to do […]

Trump to have pre-sentencing interview on Monday after hush money conviction

Republican presidential candidate Donald Trump will meet with a probation official as part of the court process before his sentencing in his New York hush money trial case. The virtual interview will take place on Monday, Steven Cheung, Trump campaign communications director, confirmed to the Washington Examiner. The interview will be with a female probation […]

Manhattan DA agrees to testify before House GOP over Trump hush money trial

Manhattan District Attorney Alvin Bragg has agreed to testify before a House Judiciary Committee panel about former President Trump’s recent hush-money trial, which led to the first conviction of a former president. Bragg’s response comes after House Judiciary Chairman Jim Jordan, R-Ohio, sent a letter last month calling on Bragg and the other prosecutor in […]