Category: Finance & Economics
explosion
Chevron
El Segundo
fuel prices
fire
Chevron refinery explosion in El Segundo sparks fire, raises fuel price worries
A massive explosion at Chevron's El Segundo refinery ignited a 300‑foot fire, prompting a multi‑agency response and raising short‑term fuel price concerns.
October 4 2025
federal reserve
buy and sell
stocks
financial operations
Does the Federal Reserve buy and sell stocks?
Well folks, let's break some myths today! Contrary to the popular belief, our beloved Federal Reserve doesn't play the stock market game. Nope, they are not buying or selling stocks like you and me! Their primary role is to manage our country's money supply, not to speculate on individual stocks. So, next time you hear someone saying "The Fed is buying Apple or Tesla", you can confidently say "Nah, they've got bigger fish to fry!"
August 1 2023