#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Follow live updates on Trump’s cabinet picks and other administration news. Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry, after all, is one in which more major banks are named after…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The day before Linda Wetzel closed on her retirement home in Southport, N.C., in 2012 — a cozy place where she could open the windows at night and catch an ocean breeze — the bank making the loan surprised her with a fee…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Employees at the Consumer Financial Protection Bureau received an email on Sunday saying the bureau’s headquarters would be closed for the coming week. “Employees and contractors are to work remotely unless instructed otherwise from our Acting Director or his designee,” said the notice,…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had emerged, but monthly jobs growth had slowed and the unemployment rate was steadily ticking higher. In a bid to preserve…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The director of the Consumer Financial Protection Bureau, Rohit Chopra, was fired on Saturday, prematurely ending a five-year term that was scheduled to run through late 2026. “With so much power concentrated in the hands of a few, agencies like the C.F.P.B. have…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of how the world’s largest economy is faring. After lowering interest rates by a full percentage point last year…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The leaders of more than half of Africa’s nations gathered this week in Dar es Salaam, Tanzania’s sprawling seaside metropolis, to commit to the biggest burst of spending on electric-power generation in Africa’s history. The World Bank, African Development Bank and others are…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In a number of ways, Japan’s economy seems to have gone back in time. Inflation and wage growth are mostly back where they were in the early 1990s, just before the spiral of price deflation and economic stagnation that became known as “the…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Worried about the economy? You must not run a major bank. A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial results on Wednesday that beat analysts’ expectations, and largely expressed a go-go…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central…
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