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Between the federal government and the Federal Reserve, about $10 trillion has been pumped into the US economy to prevent a pandemic-fueled economic collapse. Judging by the stock market, you would think we’ve sidestepped a 2008-size disaster. But stocks, at least in the short run, are rarely a good indication of what’s festering inside the …
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Monopolies are bad. Regardless of your political views, that statement probably elicited nothing stronger than a yawn. Why? Because even some of the most ardent free market crusaders recognize the dangers of monopolistic power. Competition is the great driving force behind our economy, producing innovation, rewarding efficiency and good management, and reducing prices. Monopolies produce …
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Britney Spears’ brother Bryan gave fans an update on the star’s family situation, saying the family doesn’t get to see her sons Preston, 14, and Jayden, 13, “as much” anymore. “We do [see them],” Bryan, 43, told the “As Not Seen on TV” podcast. “When we were doing the Vegas run and I was going …
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Ali Fedotowsky recently suffered a miscarriage. “I had a miscarriage recently (I’m at the OBGYN right now for a follow up). I’m not sharing this bc I feel sorry for myself or I want others to tell me they feel sorry for me. I don’t feel sorry for myself. I feel sad for what could’ve …
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This month, under the guidance of Jerome Powell, the Federal Reserve announced it is cutting rates for the first time since the 2008 financial crisis. This rate cut of 25 basis points is a decline from 2.5 percent to 2.25 percent. Powell’s reasoning for the rate cut was to provide a “mid-cycle adjustment” in an …
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Ghislaine Maxwell is secretly married — and refusing to reveal her husband’s name, prosecutors said this week at the accused madam’s bail hearing. The bombshell detail was divulged Tuesday as Manhattan prosecutors accused her of purposely hiding the extent of her wealth. “In addition to failing to describe in any way the absence of proposed …
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Ghislaine Maxwell cried as she was ordered held without bail Tuesday — with a Manhattan judge ruling the accused sex abuser “poses substantial actual risk of flight” after she purposely hid from authorities. The 58-year-old British socialite and pal of late convicted pedophile Jeffrey Epstein wiped tears from her left eye several times, using the …
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Ghislaine Maxwell pleaded not guilty Tuesday to charges she helped traffic young women for Jeffrey Epstein to sexually abuse — as her trial date was set for next year. Maxwell appeared via video conference for her arraignment on a six-count indictment charging her with recruiting and grooming young women to be molested by Epstein. Prosecutors …
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Six Harvey Weinstein accusers want a judge to block the proposed $46.8 million global settlement against the convicted rapist and his production company, calling it one-sided and unfair. A lawyer for the women, Douglas Wigdor, filed a motion Monday in Manhattan federal court opposing the deal touted last month by New York state Attorney General …
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JPMorgan Chase’s closest local rival in the race to lend out US coronavirus loans wasn’t Citigroup or BNY Mellon — it was a tiny, tech-savvy lender based in New Jersey. Jamie Dimon’s megabank handed out nearly $29 billion of government money to small businesses during the throes of the pandemic shutdown — the most of …
Between the federal government and the Federal Reserve, about $10 trillion has been pumped into the US economy to prevent a pandemic-fueled economic collapse. Judging by the stock market, you would think we’ve sidestepped a 2008-size disaster. But stocks, at least in the short run, are rarely a good indication of what’s festering inside the …
