Business

Fed’s Barr: Need to be vigilant against rise in inflation expectations

Friday, March 27 by SRN News

WASHINGTON, March 26 (Reuters) - A price shock from higher oil prices could trigger rising inflation expectations that the U.S. Federal Reserve needs to guard against, Fed Governor Michael Barr said on Thursday, a further reason the Fed should take time to assess the... Read More.

NY Fed official said central bank bill buying should moderate soon

Friday, March 27 by SRN News

By Michael S. Derby NEW YORK, March 26 (Reuters) - The Federal Reserve's Treasury bill buying is likely to slow notably next month, as planned, the official responsible for implementing monetary policy at the Federal Reserve Bank of New York said on Thursday. "An adjustment to... Read More.

Ousted Ben & Jerry’s board chair sues Unilever, alleging defamation

Friday, March 27 by SRN News

By Jonathan Stempel March 26 (Reuters) - Unilever and its recently spun-off Magnum ice cream unit were sued for defamation on Thursday by Anuradha Mittal, who was ousted in December as chair of Ben & Jerry's independent board, saying the companies vilified and discredited her... Read More.

Federal judge temporarily blocks the Pentagon from branding AI firm Anthropic a supply chain risk

Friday, March 27 by SRN News

SAN FRANCISCO (AP) - A federal judge has ruled in favor of artificial intelligence company Anthropic in temporarily blocking the Pentagon from labeling the company as a supply chain risk. U.S. District Judge Rita Lin on Thursday said she was also blocking President Donald... Read More.

Gulf of Mexico oil spill spread hundreds of miles, killed wildlife and polluted Mexican reserves

Friday, March 27 by SRN News

MEXICO CITY (AP) - An oil spill in the Gulf of Mexico in early March spread more than 600 kilometers (373 miles), including to seven nature reserves, and originated from a vessel yet to be identified and two "natural seepages," Mexican authorities announced Thursday.... Read More.

T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs

Friday, March 27 by SRN News

By Suzanne McGee PROVIDENCE, Rhode Island, March 26 (Reuters) - REX Shares and Tuttle Capital Management plan to launch 2x leveraged exchange-traded funds tied to yet-to-be-issued publicly traded common stock of SpaceX and Anthropic, according to regulatory filings, as the two firms try to piggyback... Read More.

Fed’s Miran lays out path to shrink central bank balance sheet further

Friday, March 27 by SRN News

NEW YORK, March 26 (Reuters) - Federal Reserve Governor Stephen Miran on Thursday said reducing the financial system's demand for high levels of liquidity could allow the central bank to substantially cut the size of its still large balance sheet and facilitate an easier... Read More.

Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook

Friday, March 27 by SRN News

March 26 (Reuters) - Federal Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained, could worsen inflation but also slow consumer and business spending, creating a challenging situation for a central bank... Read More.

Nasdaq Composite confirms correction as war worries weigh

Thursday, March 26 by SRN News

By Noel Randewich March 26 (Reuters) - The Nasdaq Composite dropped 2.4% on Thursday, leaving the tech-heavy index down nearly 11% from its record-high close on October 29 and confirming it has been in a correction since then. In a broad Wall Street selloff fueled... Read More.

Fed’s Cook says the balance of risks has shifted toward inflation due to Iran war

Thursday, March 26 by SRN News

NEW HAVEN, Connecticut, March 26 (Reuters) - Federal Reserve Governor Lisa Cook said on Thursday the war in Iran has shifted the balance of risks for the central bank's dual mandate of price stability and full employment more toward inflation. "I see the balance of... Read More.

Current Weather

Fed’s Barr: Need to be vigilant against rise in inflation expectations

NY Fed official said central bank bill buying should moderate soon

Ousted Ben & Jerry’s board chair sues Unilever, alleging defamation

Federal judge temporarily blocks the Pentagon from branding AI firm Anthropic a supply chain risk

Gulf of Mexico oil spill spread hundreds of miles, killed wildlife and polluted Mexican reserves

T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs

Fed’s Miran lays out path to shrink central bank balance sheet further

Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook

Nasdaq Composite confirms correction as war worries weigh

Fed’s Cook says the balance of risks has shifted toward inflation due to Iran war

On Air Now

This Morning

On Air Next

Freedom’s First News

Political News

Maine Democrat Platner says he will ‘reflect’ on Senate campaign, denies report on sex allegations

Trump says Sikorsky to fund White House helicopter landing pad

Trump says 500,000 children receive first $1,000 Trump account deposits

Utah prosecutors seek trial in Charlie Kirk murder case

Supreme Court ruling may wipe out Democrats’ cash advantage in Senate battlegrounds