Port Authority payroll crosses $1.2 billion with more than $200 million spent on overtime. Meanwhile, The Port Authority raised bridge and tunnel tolls 3% in January while eliminating some off-peak E-ZPass discounts.

"Policymakers see equity market is "too big to fail"...economy dependent on wealth effect and AI data-center capex boom" - Michael Hartnett

Warsh was basically put in charge to cut. He will deal with the hand he has been dealt (the renewed conflict in Iran isn’t helping), but his bias is to cut, not hike.

"I cannot get over the constant miming with her velociraptor claw..."

His attorneys argue the indictment should be thrown out due to alleged vindictive prosecution...

Lack of official Iran-Oman deal, while Iran issued six demands to the US.

The poll highlights a disconnect with the logic of court packers...
 

...some lies are unlikely to register with voters who may prefer to live in delusion...

Investor anxiety on geopolitics, higher rates, and the sustainability of the AI boom has continued to provide a wall of worry for the market to climb higher...

“This is another step in my years-long journey to ensure the U.S. leads the way on digital assets,”

But after years of false dawns, investors still refuse to believe.

Federal prosecutors say the Mobile crime boss ran a multimillion-dollar cocaine and fentanyl empire and enlisted children to help hide the evidence.

"If policymakers actually want to dismantle the cancer killing the education system and producing this far-left activist class, student-loan reform..." 

 

"We think the Fed could shrink its balance sheet by $1.5tr over the next few years. That headline number sounds large. The market implications may not be." - Morgan Stanley

Proposal would block retailers from using browsing history, social media, and other personal data to set prices...

Britain's latest free speech assault is underway...

...holds water for approximately 40 million people in seven Western states, as well as parts of Mexico.