Category: Uncategorized
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Federal Reserve watchdog calls for stronger measures on confidential information sharing
The Federal Reserve’s internal watchdog is pushing the central bank to shore up how it handles confidential supervisory information, warning that current safeguards aren’t robust enough to prevent sensitive data from reaching the wrong people. The target of concern: the 12 regional reserve bank boards, which are populated by private-sector bankers and business leaders who,…
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After latest trade war, tariffs reemerge as major campaign issue in Minnesota's key races
The latest trade war between the U.S. and Canada has brought tariff policy back to the forefront of the 2026 midterm elections, particularly in border states such as Minnesota, where the issue has become a potent line of attack for Democrats in the gubernatorial race. On Monday, the Minnesota DFL organized a press conference with…
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Canadian PM tells Trump to 'stop trying to be tough' in trade fight
Canadian Prime Minister Mark Carney said Monday that Americans need to “stop trying to be tough” during the countries’ contentious trade negotiations. Speaking to reporters in Ottawa about U.S.-Canadian trade negotiations over automobile tariffs, Carney said, “When the Americans stop doing memes, stop throwing shade, stop trying to be tough and start being serious about…
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S&P 500, Dow post slim gains at open as Iran tensions clash with AI optimism
Sept 2 (Reuters) – The benchmark S&P 500 and the blue-chip Dow indexes opened marginally higher on Wednesday, as investors weighed renewed U.S.-Iran clashes against signs of strength in the AI trade. The Dow Jones Industrial Average rose 62.7 points, or 0.12%, at the open to 52,829.58. The S&P 500 rose 3.1 points, or 0.04%,…
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Federal Reserve chairman promises rethink on economic analysis
The last time the Federal Reserve conducted a comprehensive review of its monetary policy framework, Jerome Powell was running a central bank that had spent years undershooting its own inflation target. That was 2019. The review that followed produced a strategy update in 2020, and then inflation arrived anyway, blew past the 2% target, and…
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Wall Street stocks mixed as energy prices, bond yields turn lower
Oil and bond markets have been unsteady since a weekend US strike on an Iranian island in the Strait of Hormuz sparked a series of tit-for-tat attacks (-) Wall Street stocks opened mixed on Wednesday while oil prices and bond yields dipped despite no real de-escalation in tensions in the Middle East. Stocks have been…
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Can the U.S.-Canada trade war change course if Democrats win the midterm elections?
Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. From renaming Lake Ontario as “Lake America,” to the constant whiplash of tariffs toward its northern neighbour, U.S. President Donald Trump’s…
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Federal Reserve member calls recent inflation data encouraging
The June Consumer Price Index dropped to 3.5% on a year-over-year basis, down from 4.2% in May. Austan Goolsbee, President of the Federal Reserve Bank of Chicago, described the latest inflation print as “surprisingly benign” and “encouraging,” though he added that several more months of similarly positive readings are needed before anyone can declare victory…
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Federal Reserve’s Warsh outlines data dashboard for US economy
Kevin Warsh marked his 100th day as Federal Reserve Chairman with a Jackson Hole keynote that read less like a traditional central bank speech and more like a pilot walking passengers through the cockpit instruments. Instead of offering the usual forward guidance on where rates are headed, Warsh outlined exactly which gauges he’s watching and…
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Here Are Wednesday’s Top Wall Street Analyst Research Calls: Ally Financial, GitLab, GLOBAL FOUNDRIES, Martin Marietta Materials, Rocket Lab USA, Strategy, Toast, Tower …
Markets took a beating Tuesday as war tensions, surging oil, and the September curse hammered stocks, bonds, and gold all at once. Find out which stocks Wall Street upgraded, downgraded, or initiated fresh coverage on as analysts scramble to reposition… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive…