Industry

Moody’s Chief Economist: ‘Inflation Is Still High’ So Problems Like Banking Issues Will Continue for ‘Next 12-18 Months’

During an interview with CBS News on Tuesday, Moody’s Analytics Chief Economist Mark Zandi stated that the problems in the banking industry are the inevitable result of rate hikes by the Federal Reserve where “things are going to start to wobble and break and it’s going to feel uncomfortable.”

Are Bank Failures a Sign of More Trouble Ahead?

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history.

Biden Proposes $2 Billion More for ATF In 2024

President Biden’s budget proposal for fiscal 2024 adds nearly two billion dollars to the budget of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF).

GOP Chair Ronna McDaniel Says Widespread Bank Failures Highlight Biden’s Incompetence

GOP Chair Ronna McDaniel says widespread bank failures highlight Biden's incompetence.

Bill Maher Says San Francisco’s Reparations Plan Is ‘Madness’

"Real Time" host Bill Maher took a blowtorch towards San Francisco's "crazy" reparations plan that would give Black residents millions of dollars.

Western Sanctions Protect Russian Banking System from U.S. Crisis, Says Kremlin

Russia's banking system is largely shielded from the negative effects of the U.S. crisis due to the country's limited connections with the international financial system, says Russian press secretary.

Majority of U.S. Voters Believe Climate Change is a ‘Religion’ Disconnected from Reality: Survey

A survey shows that the majority of U.S. voters believe climate change is a religion about power and control, while Greta Thunberg deletes a tweet warning of the potential end of humanity due to climate change.

Biden Admin Proposes National Limit for Toxic ‘Forever Chemicals’ in Drinking Water

The Biden administration has proposed the first-ever nationwide drinking limits for per- and polyfluoroalkyl substances (PFAS), commonly known as "forever chemicals," as studies continue to show high levels of contamination in waterways and the blood of Americans.

FBI Admits to Buying Geolocation Data

The last couple of months have been rough on the FBI.

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