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dwight powell

Tokenization: A Slow and Steady Race

December 20, 2025

Tokenization is a hot topic in finance. It involves using blockchain to represent real-world assets like stocks and bonds. This allows for fractional ownership and easier trading. Many people think this change will happen quickly. But not everyone agrees. Sidney Powell, co-founder of Maple Finance,

business

What's Up with Prices? November's Inflation Report Drops Thursday

December 18, 2025

Thursday is a big day for economists and folks keeping an eye on their wallets. That's when the latest inflation report comes out, giving us a peek at how much prices have changed. This is the first time in almost two months we're getting fresh data, thanks to that long government shutdown messing t

business

Big Changes in Sports Ownership: Who's Buying and Who's Selling?

December 18, 2025

Laurene Powell Jobs, the widow of Steve Jobs, is stepping back from her role in sports ownership. She's selling her share in Monumental Sports & Entertainment, the company that owns the Washington Wizards and other sports teams. This news comes from reports by Scott Soshnick and Eben Novy-Williams. ...

business

Delta's Leadership Shift: A New Era Begins

December 18, 2025

Delta Air Lines is saying goodbye to a key leader. Glen Hauenstein, Delta's president, is retiring. His last day is February 28. He has been with Delta for a long time. During his time there, he helped Delta grow into a top global airline. Joe Esposito will take over Hauenstein's role. He will be t

politics

Fed's Waller: Protecting Central Bank Independence

December 18, 2025

Christopher Waller, a Federal Reserve Governor, recently made it clear that he would strongly defend the central bank's independence if it were ever challenged by a U. S. president. Waller, who is considered a top contender to replace Jerome Powell as Fed Chair next year, shared his thoughts during

business

U. S. Economy Shows Mixed Signals in Recent Data

December 17, 2025

The U. S. economy is sending mixed signals, according to recent data. The government has finally released some delayed reports, and they show a few worrying trends. For example, the unemployment rate has gone up to its highest point in four years. Also, retail sales didn't grow at all at the start o

politics

Who Will Lead the Fed? Trump's Tough Call

December 17, 2025

Kevin Hassett, the head of the National Economic Council, is in the running to become the next Federal Reserve chair. But not everyone in the Trump administration is convinced he's the right fit. Some officials privately question his effectiveness, suggesting he might not be up to the task of replac

business

Birmingham's Bright Minds: How Local Visionaries Are Changing the Game

December 14, 2025

Birmingham's growth isn't just luck. It's the result of local innovators sticking around and making things happen. These entrepreneurs are more than just job creators; they're reshaping how people see the city. Bill Smith stands out among them. He's launched several successful startups, all based i

politics

Who Will Lead the Fed Next? Trump's Big Choice

December 13, 2025

A crucial decision is coming up for President Donald Trump: selecting the next chair of the Federal Reserve. This isn't just any decision; it's a big deal because the Fed's actions impact everyone, from individuals taking out loans to businesses investing in growth. The Fed is supposed to be indepe

finance

Tech Giants Take a Tumble: What's Shaking Up Wall Street?

December 13, 2025

Wall Street is feeling the heat as tech stocks, once the darlings of the market, are taking a nosedive. The S&P 500 dropped 1. 2% from its record high, while the tech-heavy Nasdaq composite fell 1. 8%. The Dow Jones Industrial Average wasn't spared either, shedding 266 points from its recent peak.