Low-income Americans have missed out on the wealth effects that have benefited the highest earners. The Fed, which has played a role in what economists refer to as the K-shaped economy, can’t easily fix this divergence in wealth.
Author: Mike Nova
Jennifer Lopez grabbed attention online this Christmas with a mirror selfie that quickly went viral—but not entirely for her outfit. Fans noticed something unusual: her iPhone looked oddly curved, prompting speculation that the photo had been heavily edited. The story comes from Lopez’s social media posts on X and Instagram. Merry Christmas one and all!…
In addition to ending fighting, the agreement calls for no further military movements by either side and no violations of either side’s airspace for military purposes.
Russia has attacked Ukraine’s capital with missiles and drones, wounding at least eight people. Local authorities report the assault began overnight Saturday and continued into the morning.
Dave Derby began detecting in 1964 and his finds include a Saxon warrior and a Roman villa.
Talk about worthless.
On Friday, hedge fund billionaire Bill Ackman sounded the alarm over California’s economic future as reports suggest some of the state’s wealthiest residents are considering leaving amid a proposed tax targeting billionaires. Ackman Slams California Leadership And Tax Policy The Pershing Square Capital Management CEO criticized California’s political leadership, arguing that aggressive tax policies are pushing out entrepreneurs who drive jobs…
Agreement follows talks aimed at ending weeks of deadly clashes along the Thailand-Cambodia border.
Officials from Cambodia and Thailand have each said their military actions are in self-defense.
Russia attacked Kyiv and other regions of Ukraine with missiles and drones on Saturday, ahead of what President Volodymyr Zelenskiy said would be a key meeting with U.S. President Donald Trump to work out a deal to end nearly four years of war.