Bigger Isn't Better: A Case For Downsizing The Federal Reserve

OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens With the world's attention glued to every headline out of Iran, it is understandable why today's OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it's not as if even OPEC+ could do much to offset the supply shock.  Earlier on Sunday, the oil-producing cartel (where Iran is a founding member yet was missing from the Joint Ministerial Monitoring Committee) warned that damage to Middle...

JPM Tried $1 Million Payoff To Bury Banker's Sexual Assault Claims Before Daily Mail Bombshell Views on JPMorgan banker Lorna Hajdini's Bloomberg profile surged on Wednesday afternoon. Why? The Wall Street Journal has released a new report stating that JPMorgan reportedly offered former investment banker Chirayu Rana $1 million to settle his sexual assault, harassment, and racial discrimination claims against Hajdini before he filed the lawsuit. Rana's lawsuit was refiled on Monday after being withdrawn for a week. The lawsuit went viral after a Daily Mail report, which was later followed by a...

Musk's xAI Sues Colorado Over AI Law, Saying It Forces Developers To Back State's Views Authored by Tom Gantert via The Epoch Times (emphasis ours), Elon Musk's artificial intelligence company, xAI, filed a lawsuit on April 9 over a Colorado law it claims makes AI developers endorse “Colorado’s views on diversity, equity, and inclusion or face significant compliance costs and civil fines.” The chatbot Grok is the flagship product of xAI. Oleksii Pydsosonnii/The Epoch Times The company, whose flagship product is the chatbot Grok, named Colorado Attorney General Philip Weiser as the defendant. The...