Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.

Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.

Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.

On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).

Just a week ago, on May 3rd the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates any more.”

On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).

On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).

On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).

Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?

Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?