$1,100,000,000,000 Pours Into US Banks Amid High Interest Rates As JPMorgan Chase, Bank of America Pay Pittance To Depositors: Report – The Daily Hodl

After two and a half years of the Fed's “prolonged high interest rate” policy, US banks have reportedly collected more than $1 trillion. The high interest rate system has allowed thousands of U.S. banks to earn higher yields on their Fed deposits, according to data from the Federal Deposit Insurance Corporation (FDIC). report Financial Times. […]

Who will pay for Trump’s tariffs? You will, America.

Former President Trump has argued that he can make foreign companies and their governments pay taxes levied by the United States. Customs Duties Regarding products exported to the United States This idea is absurd. If tariffs worked this way, governments around the world would reduce taxes on their own citizens and impose tariffs on foreigners. […]

CNN Guest Says Harris Skipping Economic ‘Specifics’ Could Pay Off

Shira Stein, Washington correspondent for the San Francisco Chronicle, told CNN on Wednesday that Vice President Kamala Harris's avoidance of economic “details” may pay off, arguing that swing voters don't want to hear about it. Harris began announcing her economic policy in mid-August, but received strong backlash for her proposal to ban “corporate price gouging” […]

Boeing sweetens pay for workers as strike enters second week

Boeing on Monday increased its wage proposal for thousands of striking workers, offering a 30 percent prevailing wage increase over four years in what the company called its “best and final” offer as the strike drags on. The company is also offering to reinstate performance bonuses, increase severance pay and double recognition bonuses to $6,000 […]