Latest in Bank Follows U.s
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China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."CNBC - 1d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - Mar. 13 -
Investors dumped U.S. stocks at the fastest pace on record last week, according to this Wall Street survey
Institutional investors who trade through Bank of America are pulling money from U.S. stocks at the fastest pace on record, according to a closely followed survey produced by a team of strategists ...MarketWatch - 3d -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - Mar. 13 -
Senate Democrats call for USDA funding for local food banks, schools to be restored
Senate Democrats called on the U.S. Department of Agriculture (USDA) to restore funding to local food banks and schools, after it canceled $1 billion in food purchase programs throughout the ...The Hill - 3d -
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 2d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - Mar. 11 -
How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech
Lead Bank CEO Jacqueline Reses says her independent life started at age 14, and she's never looked back, from early days at Goldman Sachs to the top of fintech.CNBC - Mar. 12 -
U.S. toughens sanctions on Russian oil, gas and banking sectors
The stiffer restrictions come as the Trump administration is trying to convince Russia to accept terms of a proposed 30-day ceasefire.CBS News - Mar. 13 -
European stocks have crushed the U.S. — now a big bank is shifting its view
The year has started with a big rally for European stocks as the U.S. market struggles to remain above water. Now, HSBC strategists are changing their tune.MarketWatch - Mar. 10 -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - Mar. 10 -
US and Ukraine call for 30-day ceasefire following Saudi talks
U.S. and Ukrainian officials met in Jeddah, Saudi Arabia, for major talks on Tuesday with the goal of charting a course toward ending Russia's three-year-old war.ABC News - Mar. 11 -
Panama releases dozens of detained deportees from U.S. into limbo following human rights criticism
PANAMA CITY — After weeks of lawsuits and human rights criticism, Panama on Saturday released dozens of migrants who were held for weeks in a remote camp after being deported from the United ...NBC News - Mar. 9 -
Russian strikes on Ukraine kill 20 as U.S. cuts intelligence sharing with Kyiv
Russian strikes on Ukraine have killed at least 20 people, officials said Saturday, as heavy aerial attacks continued into the second night following a U.S. decision to stop sharing satellite ...NBC News - Mar. 8 -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - Mar. 10 -
Binance token rises following report that Trump family has discussed stake in the crypto exchange
The Journal said Binance first approached Trump allies last year as part of a broader effort to regain access to the U.S. market.CNBC - Mar. 13 -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - Mar. 11 -
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.The New York Times - 3d -
German Tourists Detained for Weeks, Then Deported From U.S.
Amid President Trump’s border crackdown, German news media have closely followed the treatment of two tourists who say they tried to enter the United States legally.The New York Times - Mar. 14 -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - Mar. 14 -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - Mar. 12 -
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump ...The Hill - Mar. 13 -
Thousands displaced as Israel continues fighting in West Bank
As the ceasefire in Gaza remains shaky, Israel is still carrying out what it calls Operation Iron Wall in the West Bank. The fighting has displaced thousands and could last for a year, Israel's ...CBS News - 4d -
Bipartisan pair of senators reintroduce bill to expand fentanyl testing in hospitals
The bill from Sens. Alex Padilla, D-Calif., and Jim Banks, R-Ind., is called “Tyler’s Law,” named after a California teenager who died following a fentanyl overdose.NBC News - Mar. 11 -
What does Canada’s new prime minister mean for the US?
Canada has a new prime minister-in-waiting. Following Justin Trudeau’s resignation in January, the governing Liberal Party elected Mark Carney as its leader in a landslide victory on Sunday. ...The Hill - Mar. 12 -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - Mar. 13 -
Swiss National Bank makes quarter-point interest rate cut, cites 'low inflationary pressure'
Switzerland's central bank on Thursday announced its latest interest rate decision.CNBC - 1d -
Report: Banks, Packers agree to four-year, $77M contract
Former San Francisco 49ers guard Aaron Banks reportedly agreed to sign a four-year, $77 million free-agent contract with the Denver Broncos.Yahoo Sports - Mar. 10 -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - Mar. 10 -
Transcript: Homeland Security Secretary Kristi Noem on "Face the Nation with Margaret Brennan," March 9, 2025
The following is the transcript of an interview with Kirsten Hillman, U.S. ambassador to Canada, that aired on "Face the Nation with Margaret Brennan" on March 9, 2025.CBS News - Mar. 9 -
Canada gets new leader, but don’t bet on a quick Trump tariff truce
Could the U.S. and Canada quickly patch up trade relations following the resignation of Prime Minister Justin Trudeau? Don’t count on it.MarketWatch - Mar. 10 -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - Mar. 13 -
7 Ways to Overcome Executive Burnout and Sustain Success
About 72 percent of workplace leaders in the U.S. report feeling burned out. Follow these strategies to prevent it.Inc. - 1d -
Cade Cunningham might not have called bank. His shot only added to Detroit's turnaround season
Cade Cunningham insisted he called bank. Cunningham's banked-in 3-pointer with 0.6 seconds left was the difference in the Pistons' 116-113 win over the reeling Miami Heat on Wednesday night. ...Yahoo Sports - 1d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - Mar. 9 -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 5d -
Serial bank robber — who dabbles as a crime novelist — allegedly strikes again
A serial bank robber — who dabbles as a fictional crime author and has an affinity for luxury wheels — allegedly knocked off two more financial institutions near Detroit, a year after being ...NBC News - 2d -
Judge halts EPA effort to claw back green bank funds
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge halts EPA effort to claw back green bank funds A federal judge in Washington, D.C., has ...The Hill - 1d -
A look at Intrust Bank Arena’s non-profit manned concession stands
Practice day has wrapped up, and the NCAA Tournament is about to start. Intrust Bank Arena is home to vendors, merch stores and concession stands, all gearing up for the next few days.Yahoo Sports - 1d -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - Mar. 12