Wall Street Reacts To "Neutral" Fed Hold

Offload Risks Onto The Bottom 90% And Immiseration Follows Authored by Charles Hugh Smith via OfTwoMinds blog, The underlying story of the past 50 years has been the offloading of risk onto workers and consumers. On my map of how the world works, we start with structures of control that distribute the good stuff--resources, assets, income and power--and the bad stuff: costs, losses and risks. As I explained in The US Economy In a Nutshell: Privatize the Gains, Socialize the Costs, the current arrangement distributes the gains to the top 10% and the costs and risks to...

Newsom Signs New Election Codes Into Law Ahead Of Statewide Primary Authored by Kimberly Hayek via The Epoch Times, California Gov. Gavin Newsom signed into law additions to the election code on Wednesday, which his office says will protect state elections against any attempts of political interference by the Trump administration and its allies ahead of the November midterm elections. California Gov. Gavin Newsom at a conference in Belem, Para State, Brazil, on Nov. 11, 2025. Mauro Pimentel/AFP via Getty Images The new law, Senate Bill 73, authored by state Democratic Sens. Sabrina...

'Crypto Spring': StanChart Sees Ethereum Outperforming As Mt. Gox Moves $739M BTC From Cold Wallets “Over the past week, we acquired 26,497 ETH,” Bitmine Immersion Technologies Chair, Tom Lee, said in a statement on Monday. “In our view, ETH prices are not reflecting the strengthening of Ethereum fundamentals, but then again, this is not surprising given we are in the early stages of crypto spring.” As CoinTelegraph reports, Bitmine is the largest Ether treasury company with 5.4 million ETH worth more than $10.5 billion. It had slowed its pace of buying earlier this month after scooping up more...