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Inflation Is Soaring, and the Federal Reserve Could Do Something It Hasn’t Done Since 2023. Here’s What It Means for Stocks.
The Consumer Price Index (CPI), a measure of inflation, came in at an annualized rate of 3.8% in April, nearly twice the Federal Reserve’s 2% target. To make matters worse, the Producer Price Index (PPI) increased even faster, suggesting there…
Wall Street Targets the Trillion-Dollar Stablecoin Reserve Market as Multiple Giants Make Strategic Moves in the Same Week
Original Title: ‘The Great Migration of Stablecoin Reserves: Wall Street’s “Compliance” Devouring Crypto Balance Sheets’Author: Sanqing, Foresight News Over the past week, several Wall Street institutions have almost simultaneously advanced their tokenized money market fund initiatives. On May 12, JPMorgan…
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Kevin Warsh was confirmed Wednesday…
Pittsburgh weather: Wind advisory in effect after power line causes brush fire in Reserve
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Bills activate DT Ed Oliver and WR Curtis Samuel from Injured Reserve
The Buffalo Bills are activating two key players from injured reserve ahead of Saturday’s AFC Divisional Round matchup at the Denver Broncos. Defensive tackle Ed Oliver and wide receiver Curtis Samuel have been activated to the 53-man roster and are…