Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
Published: Saturday, February 11th, 2023 @ 3:06 pm
By: Daily Wire
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Google announced plans to dismiss thousands of employees days after the White House dismissed concerns about the layoffs sweeping the technology sector.
Published: Friday, January 27th, 2023 @ 11:03 pm
By: Daily Wire
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North Carolinians may have noticed that it has cost a little more to fill their gas tanks since Jan. 1. Some areas of the Tar Heel State have seen prices jump 20 cents a gallon compared to last month when prices were below $2.99 in most areas.
Published: Wednesday, January 25th, 2023 @ 7:13 am
By: Carolina Journal
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The Consumer Price Index decreased 0.1% in December 2022, marking the largest inflationary decline in nearly three years, according to a report from the Bureau of Labor Statistics.
Published: Tuesday, January 17th, 2023 @ 9:35 am
By: Daily Wire
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European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
Published: Monday, January 16th, 2023 @ 12:37 pm
By: Daily Wire
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Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
Published: Sunday, January 15th, 2023 @ 10:50 am
By: Daily Wire
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Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Published: Monday, January 9th, 2023 @ 2:35 pm
By: Daily Wire
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Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
Published: Friday, January 6th, 2023 @ 8:12 am
By: Daily Wire
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Was it just me or did Christmas come too early? Yes, it's always December 25th, but it seemed like we were still eating Halloween candy when Christmas neighbor goodies started showing up on our doorstep.
Published: Thursday, December 29th, 2022 @ 4:05 am
By: Tom Campbell
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Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
Published: Saturday, December 24th, 2022 @ 7:55 am
By: Daily Wire
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Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
Published: Friday, December 23rd, 2022 @ 11:09 am
By: Daily Wire
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In a midterm expected to produce big gains for the GOP nationally, Republicans down ballot in Charlotte mostly came up short on election night Nov. 8.
Published: Wednesday, December 21st, 2022 @ 8:42 am
By: Carolina Journal
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The city of Richmond, Virginia, has dug up the remains of Confederate General A.P. Hill as it continues to purge Confederate symbols and monuments from public spaces.
Published: Wednesday, December 21st, 2022 @ 3:08 am
By: Daily Wire
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"woke" desecration of grave of General Hill and his wife is inexcusable
Published: Thursday, December 15th, 2022 @ 4:33 pm
By: John Steed
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The Inner Banks STEM Center, Beaufort County Schools, and Beaufort County Schools partnered to bring over 200 seventh graders from Beaufort County onto the campus of BCCC to learn first-hand about the science, technology, engineering, and mathematics career options
Published: Thursday, December 15th, 2022 @ 10:23 am
By: Attila Nemecz
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Two of the major players in the financial industry warned that the U.S. is on the verge of a recession and that the Federal Reserve might well raise the interest rate from its current 3-3.25% all the way to 4.5-4.75%.
Published: Thursday, December 8th, 2022 @ 12:51 pm
By: Daily Wire
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Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
Published: Tuesday, December 6th, 2022 @ 4:36 am
By: Daily Wire
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Speaking at the 59th Annual Economic Forecast Luncheon in Phoenix, Arizona, Federal Reserve Governor Christopher Waller implied that employers should slow down any wage increases they hand out so that the American economy can temper inflation.
Published: Saturday, November 26th, 2022 @ 7:06 pm
By: Daily Wire
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Federal Reserve Launches Digital Dollar Initiative Days After Leading Cryptocurrency Firm Goes UnderThe Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
Published: Thursday, November 24th, 2022 @ 9:51 am
By: Daily Wire
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The Bureau of Labor Statistics is expected to release Consumer Price Index data Thursday morning that will indicate whether rate hikes from the Federal Reserve have had a meaningful impact on inflation.
Published: Wednesday, November 16th, 2022 @ 1:10 pm
By: Daily Wire
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Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
Published: Monday, November 14th, 2022 @ 9:59 pm
By: Carolina Journal
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Stephan Cannon, 26, was sentenced on Wednesday to life in prison for the murder of retired St. Louis police captain David Dorn — and an additional 30 years for other crimes.
Published: Monday, November 7th, 2022 @ 6:25 pm
By: Daily Wire
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In DC last weekend, we rode the Hop-on Hop-off bus. We love Hop-on bus tours and have done them in every major city we have visited
Published: Saturday, November 5th, 2022 @ 4:52 am
By: Lib Campbell
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Markets are worried that Swiss investment bank Credit Suisse is poised for bankruptcy.
Published: Friday, November 4th, 2022 @ 12:08 pm
By: Daily Wire
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The U.S. House committee investigating the January 6, 2021, riot at the U.S. Capitol formally issued a subpoena to former President Donald Trump on Friday.
Published: Monday, October 24th, 2022 @ 1:23 pm
By: Daily Wire
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Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
Published: Sunday, October 23rd, 2022 @ 11:01 am
By: Daily Wire
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The Consumer Price Index (CPI) rose 8.2% between September 2021 and September 2022, according to a Thursday report from the Bureau of Labor Statistics, surpassing expectations despite harsh contractionary policy from the Federal Reserve and boding poorly for Democratic prospects
Published: Thursday, October 20th, 2022 @ 10:19 am
By: Daily Wire
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The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
Published: Wednesday, October 19th, 2022 @ 4:37 pm
By: Daily Wire
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Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
Published: Friday, October 14th, 2022 @ 8:24 am
By: Daily Wire
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Largest number of ECU Health honorees in system’s history
Published: Thursday, October 6th, 2022 @ 9:15 am
By: Eastern NC NOW Staff
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Have you ever seen former New England Patriots star Julian Edelman’s unbelievable catch as part of the team’s 25-point comeback in Super Bowl 51? It undoubtedly took “great skill” and “good luck” — thanks, in large part, to his years of practice and determination.
Published: Saturday, October 1st, 2022 @ 12:40 pm
By: Daily Wire
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Entrepreneur Elon Musk suggested this week that he was potentially interested in working with an alternative platform to YouTube after the left-wing tech company reportedly censored actor Russell Brand this week.
Published: Friday, September 30th, 2022 @ 12:06 pm
By: Daily Wire
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Total household wealth in the United States fell $6.1 trillion dollars in the second quarter of 2022, according to data released on Friday by the Federal Reserve.
Published: Thursday, September 29th, 2022 @ 12:22 pm
By: Daily Wire
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Former Trump White House lawyer Eric Herschmann reportedly warned former President Donald Trump late last year that he could face serious legal repercussions if he did not return the U.S. government records that he took with him after he left office.
Published: Monday, September 26th, 2022 @ 8:11 am
By: Daily Wire
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