WASHINGTON—Top US regulators proposed overhauling how banks lend hundreds of billions of dollars annually in lower-income communities, after scrapping a Trump-era revamp that had divided regulators and industry officials. The …
Fed, Biden Administration Float New Lending Rules for Lower-Income Areas Read MoreInvestors tuning into Federal Reserve Chairman Jerome Powell’s news conference Wednesday will focus on his comments about how high interest rates might rise beyond this year to combat inflation. This …
Fed’s Message on Interest-Rate Path, Destination Will Be Scrutinized Read MoreWith inflation surging higher than anyone expected, Fed Chairman Jerome Powell, has laid out a policy path where the Fed is going to move quickly to get its policy rate …
Powell wants to get rates closer to neutral. But what’s that? Think between 5% and 6%, former top Fed staffer says Read MoreUS stocks wobbled between small gains and losses in the first trading session of May after major indexes capped their worst month since the pandemic began. The S&P 500 slipped …
Stocks Edge Lower After Worst Month Since 2020 Read MoreHong Kong CNN Business — Chinese social media have shut down the accounts of a prominent market analyst who drew attention in recent weeks to the dramatic slowdown in the …
Hong Hao: China silences prominent market analyst as economic slump deepens Read MoreAURORA, Colo.—Ukrainian forces hunting Russian tanks and tracking troop movement are being aided by imagery from a growing number of commercial spy satellites, giving Kyiv access to intelligence once the …
Ukraine War Puts Spy Satellites for Hire in the Spotlight Read MoreThis Wednesday, officials are to announce plans on how they will shrink those holdings. Expect the process to be faster and potentially more disruptive to financial markets than last time. …
Fed Prepares Double-Barreled Tightening With Bond Runoff Read Morecaravan Co. CVNA -9.96% ‘s financial troubles spilled over into debt markets this week when the online used-car dealer struggled to sell bonds and was forced to turn to Apollo …
Carvana, Once a Market Darling, Forced to Turn to Apollo for Cash Read MoreEven if the Federal Reserve can pull off the difficult task of cooling high inflation without driving the economy into a ditch, that doesn’t necessarily mean markets will be out …
Why aiming for a ‘soft landing’ for the economy doesn’t guarantee one for Wall Street Read MoreOn another difficult Friday afternoon for the stock market, the broad US indexes ended with significant declines. One element that stood out during such a rough year for technology stocks …
FAANG stocks plus Microsoft lost $1.4 trillion in market value during April Read More