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Economy

  • Unease Over Banking Sector Turmoil Spurs Huge Demand for Precious Metals
    Unease Over Banking Sector Turmoil Spurs Huge Demand for Precious Metals
    COTTONWOOD, Ariz.—Coin Heaven co-owner Gabe Wright saw precious metals demand rise to new heights during the pandemic, but nothing as spectacular as Silicon Valley Bank's (SVB) collapse. "It's getting real," ...
    March 21, 2023BY Allan Stein
  • Yellen: Government Could Step in Again to Protect Other Banks From Deposit Runs to Stop Contagion
    Yellen: Government Could Step in Again to Protect Other Banks From Deposit Runs to Stop Contagion
    U.S. Treasury Secretary Janet Yellen on Tuesday defended government intervention in the banking sector and suggested that it may ...
    March 21, 2023BY Bryan Jung and Liam Cosgrove
  • House Freedom Caucus Opposes Unlimited Bank Deposit Guarantees
    House Freedom Caucus Opposes Unlimited Bank Deposit Guarantees
    House conservatives have voiced their opposition to any increased guarantees on bank deposits, which comes amid debate on ...
    March 21, 2023BY Tom Ozimek
  • Treasury Secretary Yellen Speaks at Annual Bankers Summit in Washington
    Treasury Secretary Yellen Speaks at Annual Bankers Summit in Washington
    U.S. Treasury Secretary Janet Yellen speaks at American Bankers Association’s annual Washington Summit at 10 a.m. ET on ...
    March 21, 2023BY Epoch Video
  • California Gov. Newsom Unveils New Plan to Curb Oil Profits, Create Gas Price Watchdog
    California Gov. Newsom Unveils New Plan to Curb Oil Profits, Create Gas Price Watchdog
    California Gov. Gavin Newsom released a new proposal on March 20 aimed at limiting how much profit large ...
    March 21, 2023BY Katabella Roberts
  • IRS Issues Fresh Warning in ‘Dirty Dozen’ List of Tax Scams
    IRS Issues Fresh Warning in ‘Dirty Dozen’ List of Tax Scams
    The IRS has issued a warning to taxpayers and businesses about unscrupulous promoters who are falsely advertising the ...
    March 21, 2023BY Tom Ozimek
  • US Taxpayers Could Be on the Hook for Credit Suisse Bailout, Expert Warns
    US Taxpayers Could Be on the Hook for Credit Suisse Bailout, Expert Warns
    Following an emergency announcement on Sunday evening, the Federal Reserve loaned the Swiss National Bank (SNB) $101 million ...
    March 21, 2023BY Liam Cosgrove
  • Bureaucrats Warn of Dire Consequences If Republicans Pursue Budget at 2022 Spending Levels
    Bureaucrats Warn of Dire Consequences If Republicans Pursue Budget at 2022 Spending Levels
    Bureaucrats leading various government agencies are raising concerns about the potential impact of steep expenditure cuts included in ...
    March 20, 2023BY Savannah Hulsey Pointer
  • First Republic Shares Fall 47 Percent Following Multiple S&P Downgrades
    First Republic Shares Fall 47 Percent Following Multiple S&P Downgrades
    First Republic Bank's shares tanked again on Monday, falling 47 percent and surpassing last week’s lows. The slide ...
    March 20, 2023BY Liam Cosgrove
  • Brazilian President’s Approach to Amazonian Deforestation Leans on ‘Old Corruption Schemes’ and US Funding: Analysts
    Brazilian President’s Approach to Amazonian Deforestation Leans on ‘Old Corruption Schemes’ and US Funding: Analysts
    Politicians who vow to end deforestation in the Brazilian Amazon aren't anything new. However, President Luiz Inacio Lula da ...
    March 20, 2023BY Autumn Spredemann
  • DeSantis Fights Move Toward Converting Dollar to Central Digital Currency
    DeSantis Fights Move Toward Converting Dollar to Central Digital Currency
    PANAMA CITY, Fla.—Gov. Ron DeSantis denounced federal consideration of a Central Bank Digital Currency (CBDC) on March 20 ...
    March 20, 2023BY Dan M. Berger
  • The Costs and Consequences of the SVB Bailout
    The Costs and Consequences of the SVB Bailout
    Commentary Banking regulators, along with the board of directors and management of Silicon Valley Bank (SVB), each failed ...
    March 20, 2023BY Michael Wilkerson
  • Not All Uninsured Deposits Will Be Government-Protected in Future Bank Failures: Yellen
    Not All Uninsured Deposits Will Be Government-Protected in Future Bank Failures: Yellen
    Not all Americans' uninsured deposits will be protected by the federal government in the event of future bank collapses, ...
    March 20, 2023BY Katabella Roberts
  • Sen. Warren Says Fed Chair Wants to Make Millions of Americans Jobless to Fight Inflation
    Sen. Warren Says Fed Chair Wants to Make Millions of Americans Jobless to Fight Inflation
    Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell's handling of the economy, accusing him of trying to put up ...
    March 20, 2023BY Katabella Roberts
  • US Cattle Inventory Forecast Falls to Lowest Level in Nearly a Decade: USDA
    US Cattle Inventory Forecast Falls to Lowest Level in Nearly a Decade: USDA
    Declining cattle production and drought conditions contributed to a sizable drop in beef supplies last year, the lowest ...
    March 20, 2023BY Allan Stein
  • New York Community Bancorp Unit to Buy Signature Bank Assets in $2.7 Billion Deal
    New York Community Bancorp Unit to Buy Signature Bank Assets in $2.7 Billion Deal
    A subsidiary of New York Community Bancorp will purchase a significant portion of the failed Signature Bank under a ...
    March 20, 2023BY Katabella Roberts
  • Federal Reserve, Other Central Banks Announce Joint Liquidity Measures
    Federal Reserve, Other Central Banks Announce Joint Liquidity Measures
    The U.S. Federal Reserve announced on Sunday that it is collaborating with some of the world's largest central ...
    March 19, 2023BY Aldgra Fredly
  • Almost 200 US Banks Are at Risk of Silicon Valley Bank-Like Collapse: Study
    Almost 200 US Banks Are at Risk of Silicon Valley Bank-Like Collapse: Study
    Nearly 200 more banks could be vulnerable to the same type of risk that collapsed Silicon Valley Bank ...
    March 19, 2023BY Jack Phillips
  • Dollar Tree Pulls Eggs From Store Shelves Over High Prices, Company Says
    Dollar Tree Pulls Eggs From Store Shelves Over High Prices, Company Says
    Low-end retailer Dollar Tree on Sunday confirmed it pulled eggs from store shelves as prices for the staple ...
    March 19, 2023BY Jack Phillips
  • ‘Not QE’ as Fed Trapped Between a ‘Rock and a Hard Place’
    ‘Not QE’ as Fed Trapped Between a ‘Rock and a Hard Place’
    Commentary "QE" or Quantitative Easing has been the bull's siren song for the last decade, but will "Not ...
    March 18, 2023BY Lance Roberts
  • Banking Regulators to Face Congress Over SVB, Signature Bank Collapse
    Banking Regulators to Face Congress Over SVB, Signature Bank Collapse
    Congress will hold its first bipartisan hearing with top federal financial regulators into the failure of Silicon Valley ...
    March 18, 2023BY Caden Pearson
  • Americans to Bear Burden of Monetary System’s Gradual Deterioration, Economist Says
    Americans to Bear Burden of Monetary System’s Gradual Deterioration, Economist Says
    Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires ...
    March 17, 2023BY Petr Svab
  • Critics Blast Oregon’s Efforts to Phase Out Petroleum Diesel and Restrict Farming
    Critics Blast Oregon’s Efforts to Phase Out Petroleum Diesel and Restrict Farming
    A series of climate bills now before the Oregon legislature could devastate rural communities and further fuel inflation, ...
    March 17, 2023BY Scottie Barnes
  • American Homebuyers Gain Leverage as Record Share of Sellers Slash House Prices: Redfin
    American Homebuyers Gain Leverage as Record Share of Sellers Slash House Prices: Redfin
    Home sellers are giving more concessions and price cuts to prospective buyers amid high mortgage rates and home ...
    March 17, 2023BY Naveen Athrappully
  • Consumers Dig Deeper in Debt as Inflation Prompts Credit Card Use for Daily Expenses
    Consumers Dig Deeper in Debt as Inflation Prompts Credit Card Use for Daily Expenses
    Groceries, gas, and heating bills have gone up. As inflation grows, more consumers rely on credit cards to ...
    March 17, 2023BY Beth Brelje
  • Federal Reserve Pauses Tightening as Emergency Lending Hits $300 Billion
    Federal Reserve Pauses Tightening as Emergency Lending Hits $300 Billion
    The Federal Reserve balance sheet has surged to its highest level since November as the central bank attempts ...
    March 17, 2023BY Andrew Moran
  • Refilling Nation’s Depleted Petroleum Reserves Not Happening Overnight: Biden Official
    Refilling Nation’s Depleted Petroleum Reserves Not Happening Overnight: Biden Official
    The Biden administration remains undecided about replenishing the nation’s strategic petroleum reserves (SPR) even as oil prices have ...
    March 17, 2023BY Naveen Athrappully
TOP NEWS
  • California Bill Would Protect Doctors Who Mail Abortion Pills to Out-of-State Patients
    NEW By Micaela Ricaforte
    California Bill Would Protect Doctors Who Mail Abortion Pills to Out-of-State Patients
  • UN Cultural Agency Under Fire Over CCP Atrocities
    NEW By Alex Newman
    UN Cultural Agency Under Fire Over CCP Atrocities
  • Another Former Trans Teen to Sue Medical Provider Over Double Mastectomy at 13
    NEW By Brad Jones
    Another Former Trans Teen to Sue Medical Provider Over Double Mastectomy at 13
  • Vermont League Kicks out School’s Sports Teams Over Refusal to Pit Girls Against Transgender Basketballer
    NEW By Jackson Elliott
    Vermont League Kicks out School’s Sports Teams Over Refusal to Pit Girls Against Transgender Basketballer
  • Los Angeles DA Gascón’s Office Provides Free Shuttle for Staff Amid Rising Crime
    1hr By Jamie Joseph
    Los Angeles DA Gascón’s Office Provides Free Shuttle for Staff Amid Rising Crime
  • PREMIERING NOW: The Boot of the State—Mark Chenoweth on Suing Federal Agencies and Ensuring the Separation of Powers
    2hr By Jan Jekielek, Epoch TV
    PREMIERING NOW: The Boot of the State—Mark Chenoweth on Suing Federal Agencies and Ensuring the Separation of Powers
  • House Oversight Committee Probes FDA’s Response to Baby Formula Shortage
    2hr By Samantha Flom
    House Oversight Committee Probes FDA’s Response to Baby Formula Shortage
  • China Not ‘Impartial’ Actor in Russia-Ukraine War: White House
    2hr By Eva Fu
    China Not ‘Impartial’ Actor in Russia-Ukraine War: White House
  • US Not Considering Fighter Jets for Ukraine After Poland, Slovakia Pledge More Than a Dozen MiGs
    2hr By Jackson Richman
    US Not Considering Fighter Jets for Ukraine After Poland, Slovakia Pledge More Than a Dozen MiGs
  • Film Review: ‘Gotham: The Fall and Rise of New York’: Saving America’s Biggest City From Itself
    2hr By Michael Clark
    Film Review: ‘Gotham: The Fall and Rise of New York’: Saving America’s Biggest City From Itself
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