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As The Fed Fiddles, The Economy Burns: A Powell Failure

% Firms Expecting Economic Improvement in the Next 6 Months Real Investment Advice The Fed tightened its administered Federal Funds Rate (the rate banks pay to borrow reserves) by 75 basis points (bps) (0.75 pct. points) to 1.50%-1.75%, a rate hike not seen since 1994. The issue here is that, for the first time in […]

Shooting at Upstate Dollar General injures one person

SPARTANBURG COUNTY, S.C. (FOX Carolina) – The Spartanburg County Sheriff’s Office said deputies are investigating a shooting that injured one person on Saturday. Deputies said they responded to the Dollar General on S. Church Street Extension after the incident was reported. According to deputies, the victim was leaving the store and getting into his vehicle […]

Worker dies at granite business in Cape Coral

Ideas Granite Design (CREDIT: WINK News) CAPE CORAL The Occupational Safety and Health Administration is investigating a worker’s death at a granite business in Cape Coral. Details of the incident were not released but OSHA described it as a “tragic incident.” Cape Coral police were called to Ideas Granite Design at […]

Columbus business owners excited for busy Pride weekend

COLUMBUS, OH (WCMH) – Businesses along High Street in the Short North are decked out with rainbow flags ready to celebrate Pride weekend. Crowds already started pouring in Friday night. Timothy Roberts, the head chef at the Short North Pint House, said Pride is typically one of their top five busiest weekends of the year. […]

With scant options in Ukraine, U.S. and allies prepare for long war

Placeholder while article actions load The United States and its allies are making preparations for a prolonged conflict in Ukraine, officials said, as the Biden administration attempts to deny Russia victory by surging military aid to Kyiv while scrambling to ease the war’s destabilizing effects on world hunger and the global economy. President Biden’s announcement […]