Should You Buy CDs Before Interest Rates Drop Again?
Federal Reserve rate cuts likely won't make a huge difference for CD investors, and you may have better options. Find out why ...
US banks ️ private capital
In absolute nominal terms, the amount of lending that big US banks have done to private capital firms has risen by about 30x, from about $10bn in 2013 to $300bn in 2023.
Bulletin of the Atomic Scientists1h
How the Trump administration could end a century of American scientific dominance
Slashing federal funding for scientific research will have catastrophic and long-lasting impacts far beyond the laboratories ...
FXS Fed Sentiment Index retreats but remains in hawkish territory ahead of Powell testimony
Federal Reserve (Fed) Chairman Jerome Powell will testify on the semiannual Monetary Policy Report before the Senate Banking, ...
Fed Chair Faces Lawmakers at a Critical Juncture
Jerome H. Powell is set to testify as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
American Banker3h
Bankers want agency independence, but split on consolidation
A survey of senior bank officers at community banks by fintech firm IntraFi found bankers nearly evenly divided on the idea of merging federal bank regulators, while an overwhelming 93% support ...
The Sentinel-Record3h
As Fed Chair Powell heads to the Hill, little to no relief from high borrowing costs expected
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...
KPBS14h
The Trump administration has stopped work at the CFPB. Here's what the agency does
It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's ...
Trump administration orders consumer protection agency to stop work, closes building
The Trump administration has directed the CFPB to cease most operations, raising concerns about consumer protection in the ...