A Look Behind the Fed’s Curtains

Trump Hikes Global Tariffs To 15%, Blasts "Ridiculous, Anti-American" SCOTUS Ruling Hell hath no fury like a Donald scorned... One day after 'The Supremes' struck down his IEEPA tariffs, President Trump has announced, in a statement issued on Truth Social, that he will raise his new, global tariff to 15% (the maximum allowed under a separate trade law), a day after he took hiked global tariffs to 10% (in response to the SCOTUS ruling). Trump further slammed the SCOTUS decision as "anti-American"... "Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and...

US officials believe President Trump could order a return to “major combat operations” against Iran after the midterm elections, as Qatar-mediated negotiations have made little progress, Axios reported on Tuesday. Iran has maintained that it’s ready to fully open the Strait of Hormuz and enter negotiations on a final deal if the US ends its […]

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business. The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas. "The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote...