reserve

Federal Reserve Chairman Jerome Powell Just Delivered Good News for Stock Market Investors

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Wall Street sign with American flags in the background.

The ongoing political conflict in the Middle East has caused oil prices to rise, raising fears of inflation that could damage the US economy. The last time inflation rose suddenly was in 2022, and it forced the Federal Reserve to raise interest rates so quickly S&P 500 (SNPINDEX: ^GSPC) The index fell by more than … Read more

California is a reserve. Its public pensions invest in companies that work with ICE

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California is a reserve. Its public pensions invest in companies that work with ICE

California’s two largest pension funds invested more than $2.7 billion with companies that contract with Immigration and Customs Enforcement or the Department of Homeland Security, a new analysis shows. CalPERS, a nationwide megafund for public employees, has invested about $1.6 billion in technology firm Palantir, weapons manufacturers General Dynamics and L3Harris, and telecommunications companies AT&T … Read more