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 ...
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Tag: #Federal Reserve
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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Dow Futures Decline as Tech Earnings Disappoints
The Dow Futures market has been trading lower as tech earnings have failed to meet expectations. ...
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