Author: kumbhorg

When will the Federal Reserve finally stop losing money? The Fed has been effectively bankrupt (operating at a loss) since 2023 because the interest it pays to banks each month exceeds the returns on its assets. But these losses are a policy decision that the Fed can end at any time. Since October 2008, the Fed has been paying interest to private commercial banks. Banks currently earn 3.65 percent interest on reserves (IOR) that they hold at the Fed. According to their 2025 financial statements, the Fed paid almost $167 billion in interest to US depository institutions and overnight reverse…

Table of Contents The first T20I of the three-match series between India and Ireland will be played on Friday, June 26, at the Civil Service Cricket Club in Belfast. Both teams will look to start the series with a victory.India vs Ireland 1st T20I Venue OverviewThe Civil Service Cricket Club is Ireland’s premier international cricket venue and regularly hosts T20Is, ODIs, and ICC events. The ground is known for offering a fair contest between bat and ball, with conditions often favoring seam bowlers early in the innings. The venue has staged several memorable international matches over the years. While the…

The United States have the chance to complete a perfect group phase when they take on already-eliminated Turkey tonight. Mauricio Pochettino’s men have surprised many with their high intensity approach that has been rewarded with victories over Australia and Paraguay. They are guaranteed to finish top of Group D but would like to go into the round of 32 with momentum. Turkey will head home at the weekend after a desperately disappointing tournament during which they have dominated games against Paraguay and Australia and emerged empty-handed. The two performances mustered 62 shots but not a single goal. Where to watch…

Dave Pagnotta of The Fourth Period joined TSN Radio in Montreal and was asked what the plan is for the Montreal Canadiens. He stated that the Canadiens aren’t going to deviate from their plan as they explore all avenues to improve. NHLRumors.com Transcriptions Montreal Canadiens Set Sights on Blue Line Muscle for 2026-27 Season Host: “I want to leave a little bit of a window here for the Montreal Canadiens, because it is draft week and there’s a lot of wheeling and dealing and conversations behind the scenes, but it has been all quiet on the Montreal Canadiens front. Gallo,…

Caroline Bentham, 37, who has lived with her mother Mary in Yorkshire for nearly seven years, says the experience has been really positive – although she “never imagined this would be me in my 30s”.She split from her partner in 2019 and was only supposed to live with her mum for six to 12 months while she started her PhD. But then the pandemic hit, along with various other life events, and she says it “kept making sense” to stay.The transition to living together again was a “real challenge” at first, she says, as her mum struggled to give up…

Strategy Inc. (MSTR) fell more than 9% at times on Thursday to its lowest level since March 2024, extending a five-day collapse of nearly 30% as Bitcoin broke below $60,000 and a securities investigation targeting the company became public. Shares of the Michael Saylor-led Bitcoin treasury company hit $85 by midday Thursday, down from above $117 at the start of the week. The stock has now shed roughly 36% over the past month — nearly double the 18.5% decline in Bitcoin over the same period. On top of this, Rosen Law Firm posted a press release saying it is investigating…

Hollywood star Brad Pitt’s romantic life has been in the news over the past months, amid reports of a rift between the actor and his children with Angelina Jolie.At a time when almost all of his six children have dropped ‘Pitt’ from their names, reports began doing the rounds of the actor gering up to take the next step with girlfriend Ines de Ramon. Amid buzz about a wedding and baby on the cards, new reports on Page Six, claim that the couple, in reality, have ‘no plans’ to settle down.According to a source quoted by Page Six, Pitt, has…

Ecuador vs Germany Live Score: Team news: Big guns return for Germany; Caicedo leads EcuadorThe official lineups are out, and both managers are playing no games tonight. Julian Nagelsmann has named a formidable German XI, restoring the deadly creative trio of Leroy Sané, Jamal Musiala, and Florian Wirtz behind Kai Havertz. Meanwhile, Ecuador lines up in a robust formation, banking on the steel of Moisés Caicedo in midfield and the veteran instincts of Enner Valencia up front.Here are the confirmed full squads for tonight’s clash:Ecuador Starting XI: Hernán Galíndez (GK); Alan Franco, Joel Ordóñez, Willian Pacho, Piero Hincapié; John Yeboah,…

The Department of Health Research (DHR), under the Ministry of Health and Family Welfare, has opened applications for its Fellowship Abroad programme for the 2026-27 academic year.The fellowship scheme, offered under the Human Resource Development (HRD) programme, aims to help Indian researchers gain advanced training and exposure to the latest developments in health, biomedical and clinical sciences through collaboration with leading international institutions and scientists.According to DHR, the programme is meant for Indian researchers, faculty members, scientists and healthcare professionals seeking specialised training and research experience in emerging areas of health and biomedical sciences.The fellowship programme has two categories. Under…

There’s no doubt about it, the cryptocurrency market has been absolutely hammered in 2026. Today, Bitcoin (BTC) price slipped back under $60,000 in a catastrophe for the short-lived recovery in its technical structure. And for those diamond-handed gems still holding on in the space, the pained anxiety of why is crypto down now, and ‘will crypto recover?’ is still front and center. Well, let’s step back for a second. Bitcoin price is still over $50,000, and I’m bullish. For those of you who remember the pits of despair in 2022, when FTX had ripped the trading stack out of your…