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U.S. Dollar Hits Two Decade High: Here’s What That Means

U.S. Dollar Hits Two Decade High: Here’s What That Means

Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. dollar hit a two-decade high on Monday, responding to Federal Reserve Chairman Jerome Powell’s comments that the central bank will continue to tackle inflation “forcefully”—signaling further interest rate hikes. The value of the U.S. dollar hit a 20-year high on Monday morning. SOPA Images/LightRocket via Getty…

‘Completely unacceptable’: FAMU football players tell president why they’re taking a knee

‘Completely unacceptable’: FAMU football players tell president why they’re taking a knee

The Florida A&M football ineligible player saga continued Monday, when disgruntled players penned a letter to university President Dr. Larry Robinson to express their concerns over the latest rulings and current state of athletics.Last Thursday night, FAMU was informed by the NCAA it had 26 uncertified or ineligible players, ruling them out for the Week 0 season…

Secret Service Seizes $286 Million Of Stolen Pandemic Relief Loans

Secret Service Seizes $286 Million Of Stolen Pandemic Relief Loans

Share to FacebookShare to TwitterShare to LinkedinTopline The Secret Service told reporters Friday it recovered $286 million in Covid-19 relief loans meant for small businesses that were stolen by fraudsters, according to multiple outlets, adding to the total of billions of dollars in pandemic relief funds that investigators say were fraudulently obtained. Attorney General Merrick…

GDP Again Flashes Recession Warning Sign: Economy Shrank 0.6% Last Quarter As Experts Warn ‘Worse To Come’

GDP Again Flashes Recession Warning Sign: Economy Shrank 0.6% Last Quarter As Experts Warn ‘Worse To Come’

Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a second estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely…