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Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies

The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress…

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Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges

Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that…

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Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut…

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Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals

According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28,…

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Project 2025: A Plan to Reform the US Federal Reserve and End Its ‘Monetary Dysfunction’

According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the…

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Analysts Predict Second Trump Era Could Boost Gold Prices

Despite a general downturn in crypto markets, gold has appreciated by 3% over the past five days, currently trading at $2,391 per ounce this weekend. Supporters of gold anticipate the…

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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In

Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally…

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North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation…

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7 Events That Could Shift the Crypto Market Landscape in an Instant

The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the…

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Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact

In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St…

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