A third of central banks cool on launching CBDCs over regulatory concerns
Nearly a third of surveyed central banks said they’re delaying the launch of a CBDC over regulatory concerns and changing ...
With the CFPB Being Dismantled, Who's Policing The Big Banks?
With the government's consumer watchdog agency off the job on the orders of President Donald Trump, Democratic lawmakers are ...
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
Analysis-Leaving Fed Behind, Top Central Banks Have Room to Ease
FRANKFURT/ZURICH (Reuters) - Central banks around the globe have plenty of room to keep cutting interest rates, and a limited ...
USA Today10d
Los Angeles wildfires: US banks ready mortgage relief for affected homeowners
JPMorgan Chase and Bank of America are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive natural ...
Hosted on MSN13d
A tale of two central banks
On Wednesday, the Bank of Canada cut interest rates, but the US Federal Reserve did not. After three cuts in a row, the Fed’s ...
Fed Chair Powell on NGFS withdrawal: Activity of NGFS is not a good fit for the Fed
Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it would leave rates ...
NBC New York14d
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The European Central Bank is set to kick off its 2025 meetings with another interest rate cut on Thursday, as traders aim to gauge how far it is willing to diverge from a stalled Federal Reserve.
Newsweek17d
US Freeze Map Shows West Coast Counties at Risk of Frostbite
Giulia joined Newsweek in 2022 from CGTN Europe and had previously worked at the European Central Bank. She is a graduate ... Several counties across the United States, especially on the West ...
Drinks19d
US wine sales expected to have fallen again in 2024, Silicon Valley Bank data shows
The US wine industry is projected to have seen falling sales by value and volume in 2024 amid a “significant reset”, a new report has said. According to new research from Silicon Valley Bank, the US ...