Standard Chartered Sees Bitcoin Bottom "Almost In" As Crypto Crashes To 3-Month-Lows

'President Boasberg' Protects Powell, Quashes DOJ 'Pressure Campaign' Subpoena Over Fed Renovation Another day, another activist judge deciding they're the president...  On Friday, chief Judge James Boasberg of the U.S. District Court for the District of Columbia has blocked subpoenas issued by the Trump Justice Department to Federal Reserve Chair Jerome Powell and the Fed Board of Governor Boasberg claims that the subpoenas were served for an improper, pretextual purpose, and that "a mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting...

Half-Way Into Fiscal 2026, US Budget Deficit Is 11% Lower Than 2025, But It's About To Get Much Worse While not as dire as previous years, the US budget deficit remains a ticking time bomb. There was some good news and some not so good news, when the Treasury reported the monthly revenue and outlays for the month of March.  First the good news: The US federal government reported that the March budget deficit rose $4 billion or 2% ​to $164.1 billion from $160.5 billion a year ago, and higher than the $153.3BN...

Foreign-Born Population Grows, But Relative Size Not Unprecedented While the number of immigrants in the U.S. as well as their share of the population has generally been rising, Statista's Katharina Buchholz points out that the level of the foreign-born population is not unprecedented. As of 2024, the latest year available through U.S. Census data, 14.8 percent of the U.S. population was foreign-born.  Data aggregated by the Migration Policy Institute shows that throughout the late 19th and early 20th centuries, the foreign-born population of the U.S. had been just as high, before reaching a low of just...