Anxiety over AI and data centers is widely held, but somehow the Trump administration has convinced itself the public concern was manufactured in China. This week, in little-noticed remarks by President Trump and Justice Department warning,
The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends. The Fed has quietly been doing Quantitative
Demoiselle Marchée Financiere thought that Kevin Warsh’s speech at Jackson hole was important enough to lower the real value of everything two years in the future relative to today by fully 0.16%. That is, the real wealth of worker skills,
Jes Staley told the House Oversight Committee he fed Jeffrey Epstein JPMorgan's confidential information through the autumn of 2008 — the bank's communications with the Federal Reserve, the $44 billion that landed in his private bank in a f
For daily news updates and analysis, be sure to follow us on Instagram. Hi everyone. What a world. Last year I interviewed law professor Aziz Huq about the concept of a dual state. (You can watch it here.) That’s a legal reality in which th
The Federal Open Market Committee left the nation’s benchmark interest rate unchanged at its July meeting, but signs still point to a Fed rate increase by the end of the year, which would mean potentially higher borrowing costs for dealers
Federal Reserve holds interest rates steady, but 3 officials vote for hike The Federal Reserve said on Wednesday that it is leaving its benchmark interest rate unchanged, a sign policymakers expect inflation to ebb despite higher energy cos