Browsing: Economy

The Consumer Financial Protection Bureau ordered Citibank to pay $25.9 million in fines and consumer redress for intentional and illegal discrimination against credit-card applicants based on…

By Pete Schroeder WASHINGTON (Reuters) -The U.S. regulator charged with overseeing the Federal Home Loan Banks said in a report on Tuesday the system is overdue…

As analysts assess the results of Tuesday’s off-year elections in some states, they’re concluding that the outcomes were disappointing for Republicans — and for one prominent…

Federal Reserve Governor Michelle Bowman criticized proposed banking regulations at the 2023 Ohio Bankers League meeting held on Tuesday. The regulations, detailed in a 5,000-page document,…

Loretta Mester will step down as the president of the Cleveland Federal Reserve in June 2024, the regional Fed bank announced Wednesday. In a statement, the…

By Howard Schneider and Lindsay (NYSE:) Dunsmuir WASHINGTON (Reuters) – Federal Reserve policymakers fresh from last week’s decision to hold the policy rate steady are weighing…

The level of inventories, or unsold goods, that U.S. wholesalers are keeping on hand fell in September to a 13-month low amid uncertainty about whether the…

(Reuters) -Lucid Group said on Tuesday it now expects to produce 8,000–8,500 vehicles this year from its earlier projection of more than 10,000 units. The company…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Wednesday should be…

While Donald Trump is the frontrunner in the 2024 Republican presidential primary and leads his GOP rivals in overall fundraising, they’re having more success than him…