Featured
Divisions at the Fed That Defined 2025 are Expected to Carry into 2026
Past year at Fed saw two sides of congressionally mandated goals for max employment and stable prices in conflict not seen since 70s with stagflation.
Treasury Official: The Fed Can Cut Rates Next Year, Even in the Face of Strong Growth
Trump admin said it expects economy to grow at pace of 3% and that the Federal Reserve can continue to lower interest rates in that environment.
Recent
Meta Layoffs Took Workers by Surprise
'I thought I'd be clear in this layoff.' A technical recruiter at Meta (META) thought layoffs wouldn't touch her, she told Yahoo Finance.
Bankman-Fried’s Assets Plummet From $16 Billion to Zero in Days
Entire $16 billion fortune of former FTX co-founder Sam Bankman-Fried has been wiped out, one of history’s greatest-ever destructions of wealth.
PNC: Recession to Hit in Q2 and Run Shallow Through 2023
Prepare for recession to hit in the second quarter of 2023 and last through the end of the year, says Kurt Rankin VP and senior economist for PNC.
Scaramucci’s SkyBridge Is Trying to Buy Back FTX’s 30% Stake
Scaramucci said SkyBridge Capital is trying to repurchase 30% of his company that Sam Bankman-Fried’s FTX acquired before crypto exchange imploded.