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Economy
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 to 2 million Americans out of work as part of the central ...
March 20, 2023
BY
Katabella Roberts
US Cattle Inventory Falls to Lowest Level in Nearly a Decade: USDA
Declining cattle production and drought contributed to a sizable drop in beef supplies last year, the lowest in ...
March 20, 2023
BY
Allan Stein
New York Community Bank Subsidiary to Buy Failed Signature Bank in $2.7 Billion Deal
A subsidiary of New York Community Bank will purchase a significant portion of failed Signature Bank under a $2.7 billion ...
March 20, 2023
BY
Katabella Roberts
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, 2023
BY
Aldgra Fredly
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, 2023
BY
Jack Phillips
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, 2023
BY
Jack Phillips
‘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, 2023
BY
Lance Roberts
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, 2023
BY
Caden Pearson
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, 2023
BY
Petr Svab
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, 2023
BY
Scottie Barnes
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Beth Brelje
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, 2023
BY
Andrew Moran
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, 2023
BY
Naveen Athrappully
TSMC Founder: Chip Globalization Is Dead
Taiwan Semiconductor Manufacturing (TSMC) founder Morris Chang declared that the globalization of the chip industry is over, and ...
March 17, 2023
BY
Mary Hong
Billionaire Investor ‘Extremely Concerned’ About Financial Contagion Risk After First Republic Rescue
Billionaire investor Bill Ackman said he is "extremely concerned" by the federal government-backed infusion of $30 billion to ...
March 17, 2023
BY
Jack Phillips
Climate Is Important, but Oil Is ‘Vital,’ Admits BlackRock CEO: We’re Not ‘Environmental Police’
BlackRock CEO Larry Fink admitted in a 2023 annual letter to investors that oil and gas are “vital” ...
March 17, 2023
BY
Naveen Athrappully
SVB Parent Company Files For Bankruptcy Amid Bank Turmoil
The parent company of the collapsed Silicon Valley Bank (SVB) has filed for bankruptcy. SVB Financial Group, which ...
March 17, 2023
BY
Tom Ozimek
Banks Borrow Billions to Maintain Liquidity, Fed Data Show
Banks have borrowed a combined total of $164.9 billion from the Federal Reserve in recent weeks following the ...
March 17, 2023
BY
Katabella Roberts
Amgen to Cut 450 Jobs in 2nd Round of Layoffs This Year
Amgen Inc. said on Thursday it would cut 450 jobs, or less than 2 percent of its workforce, ...
March 17, 2023
BY
Reuters
Yellen Confirms Chinese, Other Foreign SVB Depositors Will Be Protected
As part of the U.S. government's extraordinary measures to shield insured and uninsured depositors at Silicon Valley Bank ...
March 17, 2023
BY
Andrew Moran
Banking Issues Hiding Bigger Problem: Tavi Costa
First Republic Bank will receive $30 billion from some of the top U.S. banks in a bid to ...
March 16, 2023
BY
Don Ma
US Will Be Petroleum, Natural Gas Exporter Through 2050, Government Agency Projects
The Energy Information Administration (EIA) expects the United States will remain a net exporter of petroleum and natural ...
March 16, 2023
BY
Nathan Worcester
First Republic Gets $30 Billion Rescue From Top US Banks
First Republic Bank will receive $30 billion from some of the top U.S. banks in a bid to ...
March 16, 2023
BY
Jack Phillips
Biden’s Green Budget Threatens Americans’ Access to Affordable Energy: Senate Republicans
In a letter to Treasury Secretary Janet Yellen, Sen. John Barrasso (R-Wyo.) and 21 of his colleagues denounced ...
March 16, 2023
BY
Savannah Hulsey Pointer
Yellen Says Republican Debt Ceiling Plan ‘Risky and Dangerous’
Treasury Secretary Janet Yellen offered senators no assurance that a Republican plan to prioritize payment of the nation’s ...
March 16, 2023
BY
Lawrence Wilson
Bond Market Volatility Spikes Amid Uncertainty Over Fed Rate Hikes
Bond volatility has jumped and yields have fallen as the American banking crisis cast doubts on whether the ...
March 16, 2023
BY
Naveen Athrappully
TOP NEWS
Credit Suisse Shares Crash to Record Low After Emergency Takeover
NEW
By
Tom Ozimek
US Cattle Inventory Falls to Lowest Level in Nearly a Decade: USDA
2hr
By
Allan Stein
Obesity Is a Treatable Disease, These Drugs May Help
2hr
By
George Citroner
, Healthline
Every Canadian PM in Past 4 Decades Has Been Compromised by CCP: Former CSIS Official
3hr
By
Katabella Roberts
New York Community Bank Subsidiary to Buy Failed Signature Bank in $2.7 Billion Deal
5hr
By
Katabella Roberts
No Pledge Made to Assist US If Conflict Over Taiwan Breaks Out, Says Australian Defence Minister
6hr
By
Rebecca Zhu
Xi’s Meeting With Putin Covertly Aims to Prolong Ukraine War, Weaken US: Experts
7hr
By
Venus Upadhayaya
, Epoch Times
Federal Reserve, Other Central Banks Announce Joint Liquidity Measures
10hr
By
Aldgra Fredly
The Supplements You Take May Not Be True Nutrients, and Have Potential Risks: Experts
11hr
By
Marina Zhang
Australian Pilots Told to Be Alert for Signal Interference From Chinese Military
11hr
By
Cindy Zhan