Fed's Bostic: May need to stay patient on policy until summer
Atlanta Federal Reserve Bank President Raphael Bostic on Thursday said new policies under the Trump administration are ...
The Daily Signal36m
‘Off the Hook’: SEC Sides With Major Bank on Government Weaponization Inquiry
Bank of America argues sharing credit card transaction with the FBI's Jan. 6 investigators was ordinary business. A watchdog ...
American Banker13h
Exclusive: Rep. Andy Barr to reintroduce bank merger bill
The chairman of the House Financial Services Subcommittee on Financial Institutions will reintroduce a bill at noon today ...
Marketplace1h
Thanks to higher interest rates, banks’ unrealized losses jumped by a third at the end of last year
Banks' unrealized losses rose by a third last year and have stayed elevated as the Federal Reserve raised interest rates.
American Banker2h
Waller: ending Fed independence would be bad for policy
In a public appearance Thursday, Federal Reserve Gov. Christopher Waller said the founding fathers supported independent money management and undoing it now would be a mistake.
Truthout4h
Government Assistance for Affordable Housing Is Enriching Private Equity Firms
Critics say Trump’s pick for top housing regulator has private equity interests that are at odds with reform efforts.
Marketplace2h
Federal workers’ salaries represent less than 5% of federal spending and 1% of GDP
That’s 1% of gross domestic product, and almost 5% of total federal spending. The government payroll for other developed ...
Atlanta Fed model outlook improves slightly, still shows -2.4% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had earlier this week projected nearly -3% GDP growth for the first quarter of 2025 (-2.8%).
These Two Big Banks Have Unveiled New Higher CD Rates, Despite the Fed's Pause
Many CDs have been marking time in response to the Fed's rate hold. That's why these two recent rate bumps from large U.S.
Eight Fed districts had flat or slightly negative growth in February: Beige Book
Eight of the 12 Federal Reserve districts reported flat or slightly negative growth in February, according to the central ...
Federal judge declines to return New York City migrant funds
A federal judge has denied New York City's request to return $80 million in FEMA funds for migrant housing that the Trump ...
Royal Bank of Canada Offers Attractive Risk/Reward
Royal Bank of Canada remains strong with rising net interest income. Read why RY stock could surge 24% or more if growth ...