Fed should raise rates to restrain growth and inflation, Hammack says
Cleveland Federal Reserve Bank President Beth Hammack on Thursday reiterated her view that the U.S. central bank should raise rates immediately to bring down too- »
Half of Americans would struggle if their paycheck was a week late
If you’ve ever missed a paycheck — maybe you were sick, or maybe there was a mistake in payroll — you know that doesn’t stop your »
Bill Campbell on Inflation, Fed Silence and Japan’s Bad Cocktail
US printed nearly 40 percent more dollars in about two years during COVID, M2 money supply jumped from around 15.5 trillion to over 21 trillion.
That expansion drove asset prices and everyday costs higher. Homes food insurance and borrowing costs all reset up. 30 year mortgage rates sit around 6.7 »
Taxpayers Spent More Than $500 Million for General Dynamics’ Nonfunctioning Artillery Factory
A major U.S. defense contractor received more than $500 million from U.S. taxpayers for an artillery-shell plant that produced not “a single usable »