Eric Swalwell received $100,000 from PG&E while they raised rates.
California Governor Candidate’s Ties to Utilities Raise Questions Rep. Eric Swalwell, a leading Democratic candidate for governor in California, has been promising voters a crackdown on utilities to reduce the high energy costs they face. However, it appears he has also received considerable financial support from PG&E, the state’s largest utility company. Through his congressional […]
Crime Rates in the United States Keep Decreasing
Crime rates across the United States are experiencing a notable decline, and various factors contribute to this phenomenon. Recent reports indicate a drop in serious offenses like murder, robbery, and theft, which may suggest a return to public order following the upheaval caused by the coronavirus pandemic. “Overall, most crimes are lower than they were […]
Bitcoin Lags Behind Money Supply Increase as Energy Expenses and Interest Rates Impact
Simply put Bitcoin has notably diverged from the global M2 money supply growth, with some models indicating a fair value around $136,000, while it’s currently trading near $70,000. Analysts indicate that, even though the money supply is increasing, the stringent monetary policy in the United States is restricting how much liquidity can flow into riskier […]
Mortgage rates increase to 6.22%
Mortgage Rates Reach New Highs Amid Economic Concerns In a recent appearance on “The Craman Countdown,” Robert Refkin, the CEO and Chairman of Compass International, discussed the ongoing issues related to housing inventory and affordability, particularly as mortgage rates continue to rise. This past week, mortgage rates surged to their highest point in nearly four […]
Federal Reserve keeps interest rates unchanged for the second consecutive meeting
Federal Reserve Keeps Interest Rates Steady Amid Economic Uncertainty On Wednesday, Federal Reserve Chairman Jerome Powell announced that interest rates would remain unchanged for the second consecutive meeting. This decision follows three rate cuts in the latter half of 2025. The current benchmark interest rate is set between 3.5% and 3.75%, influenced by ongoing conflicts […]
Central Bank decides on interest rates — and Trump will be unhappy with it
Federal Reserve Decides on Interest Rates The U.S. Federal Reserve has made a decision regarding interest rates, and it seems President Donald Trump might not be pleased with it. The governors opted to maintain overnight bank rates at their current levels, which sit between 3.5% to 3.75%. This decision came despite calls to lower rates. […]
Central Bank Keeps Interest Rates Unchanged
The US Federal Reserve (Fed) opted to maintain its short-term interest rate target during a recent meeting. The decision to keep the benchmark federal funds rate steady at 3.5% to 3.75% was made with an 11-1 vote. Notably, Fed Director Steven Milan, who stepped in last year for an unanticipated vacancy, was the sole dissenting […]
March FOMC: Fed maintains current interest rates
Federal Reserve Decides to Maintain Interest Rates The Federal Reserve announced that it will keep interest rates steady, a decision made during their latest Federal Open Market Committee (FOMC) meeting. This announcement comes amidst a declining labor market and rising uncertainty linked to the ongoing situation in Iran. The Fed has decided to maintain the […]
Trump seeks lower interest rates from the Fed, but his conflict with Iran is creating obstacles.
Amid ongoing tensions with Iran, President Donald Trump is increasingly vocal about his desire for the Federal Reserve to lower interest rates. If there was ever a critical moment for such cuts, it would likely be in the wake of the current conflicts, which have pushed oil prices up and reignited inflation fears, complicating the […]
Australia’s central bank raises interest rates to a nearly 1-year high due to inflation concerns from the Iran war
Australia’s Central Bank Increases Benchmark Interest Rate On Tuesday, the Reserve Bank of Australia (RBA) lifted its benchmark policy rate for the second consecutive time, now reaching 4.1%. This marks the highest point since April 2025, amid ongoing inflation concerns. The recent 25 basis point increase aligns with analyst projections from a Reuters survey. Australia’s […]