Less than half of U.S. banks ready to borrow from Fed in emergency A year after Silicon Valley Bank's failure, less than half of U.S. banks have established borrowing capacity by pledging collateral at the Federal Reserve's emergency lending facility, according to ... 04/12/2024 - 9:08 am | View Link
Fed Prepares Slower Pace of Runoff for $7.4 Trillion Portfolio ‘Fairly Soon’ In theory, runoff can put upward pressure on interest rates because private investors must absorb the increased supply of debt that isn’t being rolled over by the Fed. Slowing the pace of runoff could ... 04/10/2024 - 7:25 am | View Link
Key Fed Facility Stabilizes After Shrinking by $1.75 Trillion The drawdown of balances at a key Federal Reserve facility appears to have bottomed out for now, providing a liquidity cushion for the central bank’s reserves during tax season. 04/9/2024 - 7:55 am | View Link
Q&A: Fed Rate Cut Edition A little perspective is useful in all of this. Although the Fed’s target inflation rate is 2%, the historical average inflation in the USA is about 3.3%. We’re at 3.2% on CPI. We’re at the ... 03/21/2024 - 9:00 pm | View Link
Author and Modern Elder Academy founder Chip Conley shares four pathways to discover your purpose and the statement that helps him fulfill his.
Early in my research about Chip Conley, I heard him share a perspective that stopped me in my tracks. Invoking Father Richard Rohr’s insight, he shared that we spend the first half of our lives serving our ego and the second half serving our soul.
With $290 million in funding and a team of industry veterans, the new company hopes to enter a category of obesity treatments that has taken the country by storm.
Metsera, a clinical-stage biotechnology startup that develops drugs for obesity and metabolic diseases, launched on Thursday with what it described as a “broad portfolio” of weight-loss treatments that it hopes to bring to market.
Colorado’s spring housing season started quickly in March as the single-family listings statewide increased by nearly 18%.
The Colorado Association of Realtors’ latest housing trends report shows that statewide median sales prices and pending/under-contract listings climbed while the average number of days on the market dropped from 63 to 56.
“We have entered the spring buying and selling frenzy.
Enlarge / Daniel Dennett, a leading philosopher with provocative takes on consciousness, free will, and AI, has died at 82. (credit: Alonso Nichols/Tufts University)
World renowned philosopher Daniel Dennett, who championed controversial takes on consciousness and free will among other mind-bending subjects, died today at the age of 82.
(Full disclosure: This loss is personal.
The Malcolm Shabazz Harlem Market is planned to be redeveloped as part of an affordable housing development in Manhattan's Central Harlem neighborhood.