US

In a bold maneuver that might strike those invested in fiscal stability as reckless, the Federal Reserve has proposed a significant easing of the enhanced supplementary leverage ratio (eSLR). This regulation, constructed painstakingly after the 2008 financial crisis, was intended to ensure banks maintain a sufficient capital buffer to weather inevitable market turmoil. However, faced
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Jerome Powell, the Chair of the Federal Reserve, recently presented an unsettling picture of the economy, marked by a burning question: how will tariffs impact inflation? His cautious approach in the recent congressional testimony reflects a balancing act that seems to grow increasingly precarious as inflation stays stubbornly above the Fed’s 2% target. Powell’s statements
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In the chaotic landscape of international relations, the recent military actions against Iran’s Fordo nuclear facility by the United States epitomize a recurring pattern of hubris masked as national security. U.S. Senator Markwayne Mullin’s assertion that intelligence reports confirm no relocation of nuclear materials from this ostensibly “impenetrable” location displays an alarming level of self-assuredness.
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When Donald Trump ascended to the presidency, he wrapped himself in the mantle of a peacemaker. With a passionate voice, he claimed that his administration would herald a new era of diplomacy, shunning the wars that have plagued the Middle East for decades. Yet, with the airstrikes against Iran, it seems we are witnessing the
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The escalating strife between Israel and Iran has not only become a geopolitical flashpoint but has also ushered in a new wave of financial ramifications for maritime shipping—an arena often overlooked during discussions of international conflict. According to recent insights from Marsh McLennan, the cost of marine insurance in regions affected by this conflict has
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The recent brutal assassination of Minnesota Democratic state Rep. Melissa Hortman and her husband, Mark, marks not just a tragic loss for the Hortman family but a grim reminder of the escalating political violence that has seeped into the very fabric of our democracy. This horrendous act—committed by 57-year-old Vance Luther Boelter, who not only
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The recent announcement of a $200 million contract between OpenAI and the U.S. Defense Department marks a startling convergence of technological advancement and military application. This contract, aimed at developing artificial intelligence tools for both warfighting and enterprise domains, raises significant ethical questions about the role of AI in national security. While proponents argue that
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