Gov. Gavin Newsom signed Assembly Bill 593 by Assemblymember Buffy Wicks, a Democrat from Oakland, that forbids state and local departments from sharing sensitive personal data to increase food stamp enrollment.
Key Takeaways: The Fed will stop shrinking its balance sheet on December 1 to keep banking liquidity stable. Ample reserves are now seen as essential to a “safe and efficient”
A viral chart showing the S&P 500 soaring while job openings plunge has fueled fears that artificial intelligence is splitting the American economy in two. Since ChatGPT's debut in November 2022, the S&P 500 has surged more than 70%, while…
Federal Reserve officials are divided again over the direction of interest rates. Kansas City Fed President Jeffrey Schmid has been saying since the summer that inflation is too high. You’re probably one of the millions of Americans who…
(NaturalNews) The DOTÂ is withholding over $40 million in federal safety funds from California for non-compliance with English proficiency requirements for comm...
It was a week packed with market-moving headlines and wild cross-asset swings. Traders found themselves caught between optimism over a U.S.–China trade breakthrough and caution sparked by a hawkish twist from the Fed. The result was a…
Two federal judges ruled Friday that the Trump administration must tap existing funds to keep the SNAP food assistance program running during the government shutdown, according to reporting from the Associated Press. But it wasn’t…
Federal Reserve Governor Christopher Waller questioned Chairman Jerome Powell's view that economic data is too limited to be clear, urging the Fed to continue easing monetary policy despite the gaps in information.