How Congress Should Reform the Fed
It’s very difficult for elected officials to hold the Federal Reserve accountable. Is that a problem? There’s a strong counter-majoritarian tradition …
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The golden age of liquidity comes to an end
One of the Fed's most notorious financial statistics is its "$400 emergency expense" question. This year, however, the answers to that question show …
How Biden’s Economy Stacks Up Against Every President Since 1963
The economy is big, complex and difficult for most people to understand. In reality, the president may not have as much control over the economy as …
The S&P 500: A New Bull Market Is Born
The S&P 500/SPX (SP500) and stocks, in general, passed a crucial week and are heading into the final days of May, with the market around its highest …
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Disney Parks Chairman Has Choice Words About Situation With DeSantis
The feud hasn't hurt the House of Mouse. Disney's (DIS) - Get Free Report feud with Florida Governor Ron DeSantis has been going on for more than a …
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Meta fined record $1.3 billion and ordered to stop sending European user data to US
LONDON (AP) — The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users' personal information across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears. The penalty of 1.2 billion euros is …
If the U.S. breaches the debt ceiling, these states would feel it most
With negotiations on raising the debt ceiling bogging down on Friday, the U.S. may be less than two weeks from defaulting on its debt, an …