Fed’s Waller Says Stablecoins Could Back Dollar’s Reserve Status
Federal Reserve Governor Christopher Waller said he’s supportive of stablecoins because they are likely to propagate the ...
Bank stocks pop after Fed releases ‘easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...
Fed Closes Climate Program, Ending Stress-Test Burden for Banks
The Federal Reserve has told Wall Street banks that they won’t need to submit data for climate stress tests, according to ...
Fed releases 2025 bank stress test scenarios
The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and ...
The senators want to cap interest at 10%, fulfilling a campaign promise made by President Donald Trump
Political odd couple Josh Hawley and Bernie Sanders on Wednesday announced they are jointly sponsoring a bill that would force credit card issuers to cut interest rates to 10%, which would ostensibly ...
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates evolving conditions.
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.
U.S. border officials in Indiana seize $5M worth in fake Chinese jewelry
U.S. Customs and Border Protection officials seized millions of dollars in knock-off jewelry items and advised American ...
Philadelphia Inquirer9d
Federal Reserve expected to stand pat on rates even as Trump demands cuts
WASHINGTON — The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, ...
How will CD interest rates be impacted by the January Fed meeting?
Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...
Mint20d
Global stock index outperforms Wall St, bond yields dip with rates in focus
NEW YORK/LONDON -MSCI's global equities gauge rose on Thursday, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials ...