Page 9 - James Jacoby News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 the financial system every day and even buying up corporate debt. A new FRONTLINE film asks: Who is b...

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 the Fed — and how the central bank’s actions have played out over the years on Wall Street versus ...

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 indispensability of a free and trustworthy press. “In his time, Walter Cronkite had the courage to rep...

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 his new role would involve a focus on “new products and early initiatives.” “I will stay engage...