What Caused the Collapse of Silicon Valley Bank?

What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...

California Grapples With Staffing Agency Fraud Amid Oversight Gaps Authored by Mary Prenon via The Epoch Times (emphasis ours), Staffing agencies provide job and career opportunities to more than 10 million Americans, including more than 1.7 million in California. While the state has the nation’s largest temporary employment market, experts said staffing agency fraud is rampant due to a lack of oversight. Many employees are unable to access workers’ compensation due to these fraudulent practices, and taxpayers ultimately bear these medical costs, the experts noted. According to the California Department of Insurance, authorities...

IRGC Says Iran, Not US, Will Determine War's End As Trump Threatens Strikes '20 Times Harder' If Hormuz Transit Blocked Summary: Pentagon claims "winning": After ten days into Operation Epic Fury, Pentagon chief Pete Hegseth lists objectives that include destroying Iran's missile infrastructure, defense industry, navy, and ensuring Tehran is "permanently" denied nuclear weapons. Trump's mixed messaging as war could end 'soon' while saying Iran's military is crippled, but also warns Tehran would be hit "20 times harder" if it disrupts oil traffic through the Strait of Hormuz. Signs of Washington officials looking...