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Fed President Kashkari Warns Rates Might Not Be High Enough

Minneapolis Fed President Neel Kashkala warned Tuesday that the Fed’s interest rate target may not be high enough to curb inflation. kashkari argued in a published essay The Minnesota Fed’s website said the strength of the labor market and the resilience of the housing market may mean interest rates need to be higher than Fed […]

Biden warns Netanyahu against Rafah invasion in phone call

President Biden called Israeli Prime Minister Benjamin Netanyahu on Monday and warned him against entering the Gaza city of Rafah. The president reportedly warned Netanyahu not to continue plans to invade Rafah, Hamas’ last stronghold in the region. The two leaders reportedly spoke for about 30 minutes, during which Biden raised the issue of the […]

Robinhood warns feds could penalize firm over crypto tokens traded on platform

Retail trading platform Robinhood Markets announced on Monday that it received an enforcement action notice from the Securities and Exchange Commission on May 4 over crypto tokens traded on its platform. The company said it had received a so-called “wells notice,” which the SEC issues when it plans to take enforcement action against a company. […]

Justice Department warns it plans to sue Iowa over new state immigration law

The U.S. Department of Justice has informed Iowa officials that it plans to sue the state over a new law that criminalizes the stay in Iowa for people who have previously been denied entry to the United States. The law interferes with the federal government’s ability to enforce immigration laws, according to the Justice Department, […]

Farage Warns of ‘Sectarian Politics’ as Muslim Voters Back Pro-Gaza Candidates

Brexit boss Nigel Farage has lamented that “sectarian politics remain” in the UK, as dozens of Muslim candidates who ran on Gaza’s platform won local elections across the country this week. Ta. The left-wing Labor Party won clear victories in local council and mayoral elections in the UK on Thursday, leaving Rishi Sunak’s Conservative Party […]

Federal judge warns married teacher of 3 previously charged with sexual abuse of mentally ill student is ‘danger to the community’​

A former teacher allegedly violated the terms of his home confinement for allegedly sexually assaulting a mentally disabled underage student. A federal judge warned the married mother of three posed a “danger to the community.” As Blaze News previously reported, Sandy Carruthers-Pinnes was accused of engaging in multiple sexual acts with a 16-year-old boy in […]

Warren Buffett compares AI to nuclear weapons, warns of scamming potential

“Making Money” host Charles Payne reflected on Warren Buffett’s annual shareholder report in which he praised Charlie Munger. Warren Buffett took a cautious stance on artificial intelligence Saturday at Berkshire Hathaway’s annual meeting, once again likening it to the emergence of nuclear weapons and warning of the potential for fraud. “I don’t know anything about […]