Capital Surge into Cash Funds Amid US Banking Crisis
The United States is currently facing a significant banking crisis, leading investors to seek safer options for their...
#Federal Reserve
#Federal Reserve
Breaking Barriers: Biden Nominates First Hispanic Banker to the Federal Reserve Board
On Friday, President Joe Biden nominated Adriana Kugler as the first Latina governor and Philip Jefferson as the...
Inflation in the US dips to lowest levels since April 2021
According to the latest Consumer Price Index (CPI) released on Wednesday, the annual inflation rate slowed down slightly...
New Savings of Apple Account Attracts Nearly $1 Billion in Deposits within Four Days
Newly launched high-yield savings account of Apple has reportedly attracted deposits of nearly $1 billion within the first...
US economy adds just 236,000 jobs in March, signaling labor market cooldown
The latest Bureau of Labor Statistics report shows that US employers added only 236,000 jobs in March, falling...
White House to Propose New Bank Rules in Wake of Silicon Valley Bank Collapse
According to sources, the White House is set to release its plans for strengthening bank oversight in the...
The Hidden Risk in U.S. Banks’ Balance Sheets: $1.7 Trillion in Unrealized Losses
The recent failures of Silicon Valley Bank and Credit Suisse have raised concerns about the stability of the...
Signature Bank Closed by Regulators, Adding to Banking Sector Woes
The recent closure of Signature Bank by New York state financial regulators due to fallout from the collapse...
Fed Open to Higher Rates as Inflation Remains a Concern
The vast majority of Federal Reserve policymakers supported a decision to slow down the pace of interest rate...
Three-Day Winning Streak for Nasdaq Following Strong Retail Sales Figures
The U.S. stock indexes finished slightly higher on Wednesday, led by the tech-heavy Nasdaq Composite, as investors reacted...