An analytics firm parsing Twitter data in real time for law enforcement and media has been caught funneling detailed info on anti-police-brutality marches to the very agencies users are protesting, despite promises not to. Dataminr, a CIA-funded artificial intelligence startup that mines Twitter’s real-time content stream for behavioral patterns and […]
Fed
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Guests from the crypto investor Ari Paul to Harvard prof Dr. Vikram Mansharamani discuss bitcoin, the economy and social unrest. June 2020 will go down in the history books as an extremely chaotic and confusing period. In this “Best of the Month” retrospective, we look at some of the best […]
Multiple media reports say the man who went on a stabbing rampage in Glasgow and who injured six before being shot dead by police, was a Sudanese refugee who had mental health issues and was put over the edge by hostel conditions. The knifeman, identified by the Daily Mail as […]
Economists at the Federal Reserve said an earlier version of Libra, the Facebook-linked stablecoin frequently targeted by lawmakers and central bankers as an economic wrecking ball, was unlikely to have lived up to its sovereign currency-killer hype. Calling “fears of a so-called global stablecoin” “overstated” in a new report published […]
Private entities aren’t needed to build central bank digital currencies, said the head of the U.S. central bank on Wednesday. Federal Reserve Chairman Jerome Powell, speaking before the House Financial Services Committee, said the idea of a digital dollar – a blockchain-based version of the current world reserve currency – […]
President Trump nominated Jerome Powell as Federal Reserve chairman, but the president has often criticized Powell over Fed policy. Alex Brandon/AP hide caption toggle caption Alex Brandon/AP President Trump nominated Jerome Powell as Federal Reserve chairman, but the president has often criticized Powell over Fed policy. Alex Brandon/AP Jerome Powell […]
Why do these Federal Reserve officials keep crashing the Trump economy?Whose side are they on? Are they with the American people or are they with the globalists? Advertisement – story continues below We all know the answer to this. On Sunday Robert Kaplan, the Dallas Federal Reserve President, joined Face […]
While this week’s sell-off in stocks was steep, the S&P 500 is still up 34% from its March 23 nadir on Friday morning. In other words, the United States’ fiscal and monetary COVID-19 stimulus efforts continue to be heavily favoring hedge fund managers, bankers and corporate CEOs. Meanwhile, as stocks […]
The Federal Reserve expects low inflation, says rates will stay close to zero through 2022 and keeps lying about the role of central banks in increasing inequality. Some key takeaways from yesterday’s Federal Open Markets Committee meeting: On this episode, NLW recaps the above and dives deeper on two of […]
US Federal Reserve Chairman Jerome Powell has toned down the optimism regarding jobs in the country, in stark contrast to President Donald Trump, who recently praised the 2.5 million new work places last month. Source link
Bitcoin saw a quick, short-lived run past $10,000 after the head of the U.S. Federal Reserve said Wednesday that interest rates will remain near 0% until the end of 2022 and its bond buying program would continue. Bitcoin (BTC) was trading around $9,894 as of 20:00 UTC (4 p.m. ET), […]
WASHINGTON (Sputnik) – The Federal Reserve left US interest rates unchanged on Wednesday in a range of zero to 0.25 percent, saying it will maintain those levels until it was sure the world’s largest economy was fully back on its feet from the debilitating effects of the coronavirus pandemic. “The […]
Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank. Prices for personal consumption expenditures are expected to climb just 1% this year, down from a December projection of […]
Central bank digital currencies might one day replace commercial banks. But that comes with risks, according to new research from the Federal Reserve of Philadelphia. The 32-page research paper – titled “Central Bank Digital Currency: Central Banking for All?” – investigated the implications of an account-based central bank digital currency […]
The meme is “money printer go brrr,” but according to this macro expert, central banks have almost no power to actually influence money itself. The conventional wisdom is that central banks are the most important economic actors in the world. Markets hang on their every word. Yet, what if that […]
The US Federal Reserve’s balance sheet could skyrocket to more than $9 trillion by the end of this year, amid massive interventions to shield the economy from the coronavirus pandemic, according to the Financial Times. RT’s Keiser Report looks at the chart, showing that in 2007 there was “barely anything” […]
The kin cryptocurrency is exploring a move from its own fork of Stellar to the Solana blockchain. To recap, the mobile app company Kik ran a $98 million initial coin offering (ICO) for kin in 2017, which was made on the Ethereum blockchain. Then the company said that it would […]
After bitcoin’s much-hyped halving failed to generate a price rally, crypto traders are already turning to a new bullish investment thesis: the possibility the Federal Reserve might cut its benchmark interest rate below zero. Fed Chair Jerome Powell said in a televised interview Wednesday that negative rates are “not something […]
2,000 former DOJ, FBI officials call on Barr to resign over Michael Flynn case …by Jim W. Dean, VT Editor [ Editor’s Note: Well this was a breath of fresh air. We often see retired federal justice department and law enforcement people keeping their heads down so as not to […]
The US 10-year Treasury bond yield fell 0.7 percent in response to the latest report of jobless claims. That comes a week after the Treasury said it would borrow a record $2.99 trillion this quarter, and launch a 20-year bond. RT’s Boom Bust talks to former Federal Reserve insider Danielle […]