Tag: The Federal Reserve
The Fed’s inflation mistake continues
Most of the pain is borne by people who are already struggling to keep up with rising prices: lower-wage workers and the poor.
The Fed is about to shaft American workers—or no good reason
Fed policymakers are poised to raise interest rates at their March meeting and then continue raising them, in order to slow the economy.
Psst: You want to know what’s really driving inflation? (Not what...
The underlying problem is not inflation. It’s lack of competition. Corporations are using the excuse of inflation to raise prices and make fatter profits.
Donald Trump and the next crash
Making the Fed an instrument for disaster – this impacts everyone, yet very few grasp the scope of its influence.
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ProPublica’s embrace of large language models echoes what I’ve been saying all along
This distinction between “AI” as a vague, catch-all term and the specific type of advanced pattern-finding model actually at play here matters immensely.
Senate Democrats face reckoning over GOP spending bill that hands Trump and Musk unchecked...
Progressives warn that the Republican spending bill would give Trump and Musk sweeping control over federal funds, gut social programs, and set a dangerous precedent—while Senate Democrats waver on whether to fight or fold.
Musk-linked operatives gain access to Social Security Administration, raising fears of data breaches and...
A new investigation reveals that Musk-linked operatives with little government experience have gained access to sensitive Social Security data, raising alarms over potential benefit disruptions, privacy risks, and a broader push to privatize the agency.
Judge orders Trump administration to reinstate thousands of illegally fired federal workers
Judge William Alsup rules that the Trump administration illegally fired thousands of federal workers, calling the mass terminations a “sham” designed to bypass legal protections, while unions and advocates celebrate a major victory for labor rights.
Global consumer boycott of US goods expands as Trump’s trade war escalates
International consumers reject U.S. goods in response to Trump’s trade policies, escalating tariffs, and growing dissatisfaction with American corporate and political influence.