Jersey City - Truenewj

Williams says Fed policy is in good shape and sees inflation moderating in 2026

amefika6 months ago03 mins

JERSEY CITY, New Jersey, Dec 15 (Reuters) – New York Federal Reserve President John Williams said on Monday that the U.S. central bank’s interest rate cut last week leaves it in a good position to deal with what lies ahead, adding that he sees inflation moderating amid a cooling labor market. “Monetary policy is well…

Dave Portnoy threatens to move Barstool Sports out of New York City if Zohran Mamdani becomes mayor: ‘I hate this guy so much’

truenewj7 months ago06 mins

Founder of Barstool Sports David Portnoy has threatened to move the company’s headquarters out of New York City if the Social Democrats Zohran Mamdani claims victory in the November 4 mayoral elections. Portnoy, 48, who has an estimated net worth of around $250 million, founded Barstool Sports in 2003 in his home state of Massachusetts;…