The Federal Reserve concluded its widely anticipated May Federal Open Market Committee (FOMC) policy meeting on May 1. Financial markets were unsurprised to see that the US central bank left its benchmark rate unchanged at a 23-year high of 5.25% to 5.5%. But while the decision everyone waited for was the...
President Joe Biden has two obstacles standing in the way of his reelection. His failure at the border, and the crippling inflation caused by his Bidenomics agenda. Inflation stood at 1.4% the month Biden took office and then skyrocketed to 9.1% in June 2022 before ebbing to 3% a year later. However,...
Credit Card Delinquencies , Are on the Rise.
New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports...
Credit: Wibbitz Top Stories Duration: 01:31Published
Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.
On the morning of May 15, both the S&P and the
Nasdaq hit all-time highs after new data suggested
inflation may be easing..
Credit: Wibbitz Top Stories Duration: 01:30Published
We should have a mechanism to regulate foreign banks and prevent bank runs. We should not have a Federal Reserve. It has failed the People but been there for Big Money and Big Biz. This institution..
Tuesday, 7 May 2024 ()
![Credit Card Delinquencies Are on the Rise [Video]](https://video.newsserve.net/300/v/20240515/1375583962-Credit-Card-Delinquencies-Are-on-the-Rise.jpg)
![Stock Markets Rally Amid Investor Hopes for Interest Rate Cuts in 2024 [Video]](https://video.newsserve.net/300/v/20240515/1375566508-Stock-Markets-Rally-Amid-Investor-Hopes-for-Interest.jpg)
![The Federal Reserve Should Go Away [Video]](https://video.newsserve.net/300/v/20240515/1715789027-The-Federal-Reserve-Should-Go-Away.jpg)
