CLARITY Act Talks Collapse Ahead of Senate Vote Amid Key Disputes
Bipartisan negotiations on the CLARITY Act broke down before the Senate Banking Committee vote, exposing unresolved issues around ethics rules and developer protections.
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Top New Grocery Finds on Amazon Fresh for May 2026
Amazon Fresh expands its online grocery selection with new frozen snacks, hearty soups, and unique drink options perfect for quick meals and special cravings.
Markets & Macro
Cisco to cut nearly 4,000 jobs as it accelerates AI-focused restructuring
Cisco plans global layoffs under 5% of its workforce to redirect investments toward AI growth after reporting record quarterly revenue.
Markets & Macro
Bitcoin Falls Below $80,000 as Kevin Warsh Takes Helm at the Federal Reserve
Bitcoin dropped below the $80,000 mark following Kevin Warsh’s confirmation as Fed chair, raising questions about future monetary policy and market volatility.
Markets & Macro
Major Roadwork Set to Improve Maple Avenue Between Ranchero Road and Main Street
Maple Avenue will undergo extensive rehabilitation starting May 18, aiming to enhance traffic flow and safety on a vital three-mile stretch in Hesperia through late 2026.
Markets & Macro
Cisco Plans Job Cuts as It Shifts Focus to AI Amid Rising Demand
Cisco will eliminate nearly 4,000 jobs to prioritize artificial intelligence investments, raising its revenue outlook following a surge in hyperscaler orders.
Markets & Macro
Kevin Warsh Confirmed as Federal Reserve Chair Amid Economic Uncertainty
Kevin Warsh, a Hoover Institution fellow and Stanford alumnus, was confirmed as the next Federal Reserve chair in a narrow Senate vote, taking office amid ongoing inflation and economic challenges.
Markets & Macro
Bitcoin Firms Slash Holdings Amid Mounting Treasury Losses Exceeding $30 Billion
Several public companies holding Bitcoin have liquidated large portions of their reserves as combined unrealized losses reach $30 billion, reflecting growing pressure in the crypto market.
Markets & Macro
Kevin Warsh Confirmed as Fed Chair Amid Tensions Over Interest Rate Policy
Kevin Warsh was confirmed by the Senate to lead the Federal Reserve, stepping into a divided central bank challenged by inflation and political pressures for rate cuts.
Markets & Macro
Senate Confirms Kevin Warsh as Next Federal Reserve Chair Amid Resolution of Powell Investigation
The Senate approved Kevin Warsh as the new Federal Reserve chair, ending months of political deadlock linked to a stalled probe involving current chair Jerome Powell.
Markets & Macro
Senate Confirms Kevin Warsh as Federal Reserve Chair Amid Economic Challenges
The Senate approved Kevin Warsh as Federal Reserve chairman, installing new leadership amid inflation pressures and political tensions surrounding the central bank’s independence.
Markets & Macro
Phoenix Inflation Hits Highest Point in Nearly Three Years Driven by Fuel Costs
Rising fuel prices have pushed Phoenix’s annual inflation rate to 3%, marking its highest level in almost three years amid supply disruptions linked to conflict in Iran.