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'The Power Of The Fed': How Crisis-Averse Actions By The US Central Bank Are Playing Out On Wall Street Versus Main Street

Published July 12, 2021 at 6:43 PM CDT Ways To Subscribe TUESDAY on "The Source" — After the 2008 financial crash, the Federal Reserve began an unprecedented, "epic economic experiment" that dramatically reshaped the American economy. The central bank began creating new money and injecting it into the financial system, buying up bank assets in hopes it would stimulate economic growth. During COVID-19, the Fed doubled down on its experimental moves, pushing billions of dollars into t...
United States Rachel Leah Siegel James Jacoby Anya Bourg Washington Post Federal Reserve
Source: tpr.org

FRONTLINE Investigates 'The Power of the Fed' in New Documentary

Streaming at 7/6c at pbs.org/frontline & in the PBS Video App www.facebook.com/frontline | Twitter: @frontlinepbs Instagram: @frontlinepbs | YouTube: youtube.com/frontline When COVID-19 struck, the Federal Reserve stepped in to avert economic crisis. As the country’s central bank continues to pump billions of dollars into the financial system daily, building on an unprecedented strategy it began after the 2008 crash, who is benefiting, and at what cost? FRONTLINE investigates The Power of th...
New York United States Neel Kashkari Jeremy Grantham Megan Robertson Howard Marks
Source: pbs.org

Post from Community: TMJ4 News honored with 2021 Walter Cronkite Award

Editor’s note: Posts from the Community is the place for community announcements and event postings. If you have a community-oriented event you feel our readers would be interested in, please submit here. A months-long investigation into Wisconsin’s broken unemployment system earned TMJ4 News a 2021 Walter Cronkite Award, a national award from the USC Annenberg Norman Lear Center. The award honors journalism that seeks truth, examines inequities, serves the public and demonstrates the indi...
United States Republic Of T Sean Herbert Walter Cronkite Gilad Thaler Tamott Wolverton

Jeff Bezos to Step Down as Amazon CEO; Andy Jassy Moves Up

Jeff Bezos to Step Down as Amazon CEO; Andy Jassy Moves Up Share: February 2, 2021 Nearly three decades after he founded Amazon, Jeff Bezos will step down from his role as the commercial juggernaut’s chief executive and “transition to the role of Executive Chair,” the company announced on Feb. 2. “Right now I see Amazon at its most inventive ever, making it an optimal time for this transition,” Bezos said in a statement. In a message to employees published by the company, Bezos said h...
United States Andy Jassy James Jacoby Jeff Bezos Anya Bourg George Floyd
Source: pbs.org

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