Author: Jeffery Carter
Sen. Elizabeth Warren, D-Mass.Tom Williams | Cq-roll Call, Inc. | Getty ImagesSen. Elizabeth Warren is urging the Federal Deposit Insurance Corp. to reevaluate the decision to rescind more than 200 job offers to bank examiners in the wake of President Donald Trump’s federal hiring freeze.The FDIC is already severely understaffed, which “threatens the stability of the banking system,” Warren, D-Mass., explained in a letter sent Monday to Inspector General Jennifer Fain and shared exclusively with CNBC.In the letter, also signed by Sen. Raphael Warnock, D-Ga., Sen. Chris Van Hollen, D-Md., and Sen. Lisa Blunt Rochester, D-Del., the senators said staffing shortages directly…
WASHINGTON ― Joined by Elon Musk in the Oval Office, President Donald Trump signed an executive order Tuesday that seeks to significantly reduce the size of the government by instructing heads of federal departments and agencies to undertake plans for “large-scale reductions in force.”Trump’s newest order directs the federal government to implement a “workforce optimization initiative” created by Musk’s Department of Government Efficiency, which has been moving rapidly from one department to another to slash spending and gut programs.”It’s not optional to reduce federal expenses, it’s essential,” Musk, wearing a black MAGA hat and joined by his son, X, said…
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Mon, Feb 10 202510:35 AM ESTYahoo gets Bill Murray some helpIn case you missed it (we did), Yahoo snagged a 15-second spot during the Super Bowl broadcast in which it set actor Bill Murray up with an email address to get some help. According to Yahoo, the email address got nearly 150,000 messages in the first two hours after the ad aired. — Sara SalinasSun, Feb 9 202510:23 PM ESTPhiladelphia Eagles win Super Bowl 59 NEW ORLEANS, LOUISIANA – FEBRUARY 09: Head coach Nick Sirianni of the Philadelphia Eagles is showered with Gatorade in the fourth quarter against the Kansas…
Alice Weidel, chancellor candidate of the far-right Alternative for Germany (AfD) political party, speaks to supporters as they wave German flags at the AfD election campaign launch rally.Sean Gallup | Getty Images News | Getty ImagesGermany’s far-right party is dominating polls in the country’s eastern region less than two weeks before the federal elections on Feb. 23 — and economic concerns have played a part in its popularity. After the fall of the Berlin Wall in 1989, the economy in East Germany broadly collapsed as local businesses and companies faltered and unemployment soared. Despite the federal government spending hundreds of…
The Chelsea striker is cleared of racially aggravated harassment after calling a police officer ‘stupid and white’ in 2023.Australian women’s football captain Sam Kerr was found not guilty of racially abusing a British police officer after a dispute with a cab driver. Kerr, who has Indian ancestry, called officer Stephen Lovell “stupid and white” after police were called following a drunken dispute with a cab driver in the early hours of January 30, 2023. The 31-year-old, one of the world’s top female strikers who plays for Chelsea in the Women’s Super League (WSL), admitted saying those words but denied one…
The EURUSD price shows bullish bias after the decline that it witnessed yesterday, to settle above the breached resistance again, which supports the chances of resuming the expected bullish trend for the upcoming period, which targets testing 1.0455$, reminding you that breaching it will push the price towards 1.0600$ as a next main target. Are you looking for more exclusive insights and analysis? Join Economies.com VIP Club Channel on Telegram and get access to: Price Range for Today Bullish/Bearish Trend Forecast for Today Mid-day and End-of-day Analysis Updates Live updates Special In-Depth Analysis Major Economic Events News and Updates …
Check out the companies making headlines in midday trading: Alphabet — Shares sank nearly 8% after the Google parent reported fourth-quarter revenue of $96.47 billion, short of the $96.56 billion expected from analysts polled by LSEG. Alphabet also said it will invest $75 billion in 2025 as it expands its artificial intelligence strategy, versus the $58.84 billion consensus estimate, according to FactSet. Advanced Micro Devices — The chipmaker tumbled roughly 7% after the company fell short of estimates in its data center segment. AMD posted better-than-expected revenue and profit in the fourth quarter, reporting adjusted earnings of $1.09 per share…
Richard Stephen | Istock | Getty ImagesThe advisory group known as the Department of Government Efficiency, led by billionaire Elon Musk, has moved quickly to curb government spending at federal agencies including the U.S. Agency for International Development and the Consumer Financial Protection Bureau.At a rally Monday outside the Social Security Administration’s Maryland headquarters, lawmakers and advocates warned that the federal agency responsible for benefits for 72.5 million Americans could be among DOGE’s next targets.”Keep your hands off our Social Security, because this has nothing, nothing to do with government efficiency,” Sen. Chris Van Hollen, D-Md., said at the rally.DOGE…
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada.Vaughn Ridley | Sportsfile | Getty ImagesAffirm, the online lender founded by Max Levchin, expanded beyond credit and entered the debit market four years ago with a card that let users pay over time. Now the company is making it possible for banks to offer that service to their customers.Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to…