The Federal Reserve’s own balance sheet is underwater — with no end in sight if it keeps interest rates higher for longer. – MarketWatch photo illustration/iStockphoto The Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater securities holdings have begun to turn into more than $100 billion in actual losses, with […]
Apr. 17—On April 21, 1824, Col. Matthew Arbuckle, commander of the Seventh Infantry, established Cantonment Gibson to help keep peace between the Cherokees and the Osage. On Saturday, one day shy of its actual 200th anniversary, Fort Gibson will mark its Bicentennial with a full day of festivities. “The Fort is the celebration,” said Jennifer […]
A lot of people agree that winter storms, a growing population and industrial expansion are putting a strain on South Carolina’s power supply. But what are the state’s actual future electricity needs, and will new legislation solve those problems? It’s complicated, says one University of South Carolina expert. Experts, policymakers and those on both sides […]
Donald Trump secured a bond to halt E. Jean Carroll’s $83.3 million defamation-judgment collection. The bond, worth $91.63 million, offers Trump relief as he appeals the case. Trump’s next challenge is his $454 million obligation in his New York civil fraud verdict. Former President Donald Trump has posted a bond that will stop E. Jean […]
Allison Greenfield, principal law clerk in Trump’s NY fraud case, is hoping to be elected judge. She’s received hate mail and threats since Trump called her a “co-judge” who’s “running this case.” Her judgeship candidacy has gained momentum and support among Manhattan Democrats. Donald Trump has attacked her as a biased “co-judge—” claiming she secretly runs the […]
Punxsutawney Phil says we’re in for an early spring and meteorologists agree — kind of. If you’re sick of winter’s cold, the official federal forecast is for you: In February, “most of the nation is looking at above-normal temperatures as a whole,” Climate Prediction Center meteorologist Dan Collins told USA TODAY. He said this pattern […]
A holiday weekend took a not-so-relaxing turn for one family when they awakened to find their electric van had been vandalized. “So, somebody tore off my charger cable’s protective cap and keyed the side of my car while I was charging at night,” one of the family members wrote on Reddit in the subreddit r/electricvehicles, […]
It was 16 degrees in Oklahoma City Friday morning, however, it felt much colder as the wind chill value was -2, but does wind chill even mean? What does wind chill mean? According to the National Weather Service, wind chill refers to the way the air temperature feels to human skin due to the combination […]