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Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias
Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias
Tl;dr: FOMC Minutes confirm a deeply-divided Fed with a hawkish bias as "majority" saw hike likely warranted, "many" preferred removing easing bias.
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Since the last FOMC meeting (Powell's last), on April 29th, stocks and the dollar are up, bonds and gold are down and oil has swung violently in between...
Source: Bloomberg
Expectations for Fed action this year has surged hawkishly from a 20% chance of a single rate-cut to an almost 100% chance of a single rate-hike...
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A Quantum Roadmap Would Push Bitcoin Much Higher
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Authored by Ciaran Lyons via CoinTelegraph.com,
Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments founder Charles Edwards. He says the day they finally bite the bullet, the price will respond very quickly.
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Aug 14, 2026 / Tyler Durden
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
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While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated in and out, in the second quarter there were a few notable changes under Berkshire's new CEO, Greg Abel.
In a quarter in which Abel spent a net $20 billion on other equities, and repurchased about $4.5 billion of its own stock, leaving it with $365.5 billion of cash at midyear, down from a record $397...
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Jun 15, 2026 / Tyler Durden
B-52 Bomber Crashes After Take-Off From Edwards Air Force Base In California
B-52 Bomber Crashes After Take-Off From Edwards Air Force Base In California
A U.S. Air Force B-52 bomber aircraft crashed shortly after taking off from Edwards Air Force Base in California, the base said in a statement Monday.
“A United States Air Force B-52 Stratofortress crashed shortly after takeoff on the Edwards airfield at 11:20 a.m.,” the base said in a post on Facebook.
“Emergency crews immediately responded to the scene and the situation is ongoing.”
It’s unclear if there were any injuries or what caused the crash.
The base did not provide any...
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