Category: Business
GOLDEN AGE: Siemens Energy Investing $1B in Manufacturing Capacity in the U.S.
More investments come pouring in.
Bondi announces $1M reward for whistleblower who reported antitrust crime
Attorney General Pam Bondi announced in a press release Thursday that the Department of Justice (DOJ) and the United States Postal Service had given its first-ever reward to a whistleblower under a new policy launched in July. “This enabled us to dismantle a $16 million fraud scheme that was cheating American consumers,” Bondi said in…
Don’t Wait Until You Die To Give Your Kids Their Inheritance
A dollar at 25 can change a destiny. A dollar at 55 barely moves the needle.
Trump rails against Powell: ‘Fed has been hurt and discredited’
President Trump railed against Federal Reserve Chair Jerome Powell — again — on Thursday for not dropping interest rates. “Mortgage Rates just hit a Three Year Low despite Jerome ‘Too Late”’ Powell, and his never ending quest to keep Interest Rates high (against ‘TRUMP!’),” the president wrote on Truth Social. “It just shows that he…
Lutnick not expecting ‘upending’ of existing trade deals: ‘It’ll sort its way out’
Commerce Secretary Howard Lutnick dismissed concerns that President Trump’s new tariffs could upend existing trade deals, saying he’s confident the disagreement with European allies over Trump’s push to acquire Greenland will “sort its way out.” In an interview with CBS News on Tuesday at the World Economic Forum in Davos, Switzerland, Lutnick defended Trump’s approach…
Trump threatens to sue JPMorgan Chase over Jan. 6 debanking
President Trump said Saturday he would sue JPMorgan Chase over the company’s decision to close his account following the Jan. 6, 2021, Capitol riot. “A front page Article in The Fake News Wall Street Journal states, without any verification, that I offered Jamie Dimon, of JPMorgan Chase, the job of Fed Chairman,” the president wrote…
Trump slams Powell amid federal probe: ‘Either corrupt or incompetent’
President Trump criticized Federal Reserve Chair Jerome Powell amid a Department of Justice (DOJ) probe into the central bank’s ongoing renovations. “He’s either corrupt or incompetent,” Trump told CBS News’s Tony Dokoupil, referring to the price tag and time frame of the project, during an interview that aired Tuesday. Powell said late Sunday that the…
Powell confirms DOJ probe into Fed, blasts Trump pressure on rates
The Department of Justice (DOJ) has opened a probe into the Federal Reserve’s ongoing renovation of its headquarters in Washington, D.C. Federal Reserve Chair Jerome Powell said in a statement Sunday that the DOJ served the Fed with grand jury subpoenas and threatened a criminal indictment related to his testimony before the Senate Banking Committee…
