Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.
President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.
The right couldn’t stage a coup because liberals dominate nearly every institution of American politics and culture. Yet liberals refuse to see it.
After the...
The book is set to be the first after the departure of Trump from the Oval Office. The price for a standard copy of the book is said to be $74.99, while a signed one costs $229.99.
A source who works with Bank of America has disclosed a pilot program beginning Nov. 18 that plans to separate vaccinated from unvaccinated employees at an administration building in Jacksonville, Florida.
Former Trump advisor and campaign manager Steve Bannon moved to plead not guilty to criminal contempt of Congress charges after he refused to comply with a subpoena.
A New Hampshire high school boy who is a practicing Catholic was suspended from playing football for one game after an exchange off-campus in which he allegedly insisted there are only two genders. Now he and his mother are suing the school district.
Stephen Bannon, former adviser to President Trump, was indicted by a federal grand jury on Friday on two counts of contempt of Congress, the Justice Department announced in a press release.