latest news in economy
California Voters Face $8.4 Billion Choice on Medical Research Measure
Sacramento, Thursday, 24 September 2026.
Proposition 38 proposes borrowing $8.4 billion for immunology research to counter federal funding cuts, sparking debate between healthcare advocates and progressive groups over funding allocation and costs.
How Fifty Years of Inflation Erased Most of the Dollar’s Value
Washington, Thursday, 24 September 2026.
Federal Reserve data reveals $100 today holds the purchasing power of just $11.61 in 1970, highlighting how persistent inflation severely threatens long-term cash savings and investment strategies.
Federal Reserve Shifts Approach to Managing Financial Innovation Risks
Washington, Friday, 25 September 2026.
Comparing examiners to soccer referees, the Federal Reserve outlined new supervisory measures for banking innovations, integrating digital asset risks into standard oversight while promoting responsible technological growth.
