FOMC Minutes: “The staff provided an update on its assessment of the stability of the U.S. financial system and, on balance, continued to characterize the system’s financial vulnerabilities as notable.” “Hedge fund leverage reached its highest level since 2013.” Ruh-roh…

Source: https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20240731.pdf TLDRS: The Federal Reserve’s July FOMC meeting minutes highlight economic concerns and financial vulnerabilities. Usage of the Overnight Reverse Repo (ON RRP) facility slightly declined, with a more noticeable decrease expected later in the year due to increased Treasury …

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DELL Laying Off 12,500 Employees… The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell

Dell Layoffs To Hit 12,500 or More Employees Worldwide Starting Tomorrow, Affect 10% of Tech Giant’s Global Workforcehttps://t.co/y76X7zPFXe#DellLayoffs #Layoffs #Dell #Layoffs2024 #WorkforceReduction #Jobs #Workforce #JobCuts #Technology @theafricanptv @RadarHits @expordia — LatestLY (@latestly) August 6, 2024 The full list of major …

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SPLC shitcans 25 percent of staff.

The Southern Poverty Law Center, an IRS designated charity with almost a billion dollars in “reserves,” laid off a quarter of its staff. In a scathing rebuke from the SPLC Union that represents staff with the charity, the organization was …

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