NBC Los Angeles2h
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Times-Standard3h
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
JD Supra7h
California and federal financial regulatory agencies issue statement on California wildfires to guide financial institutions
On January 14, the DFPI, in collaboration with the FDIC, the Fed, the NCUA and the OCC (collectively, the “agencies”) issued a joint ...
Boston Fed Maps Out Inflation Response to Trump Trade Tariffs
The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...
Bessent's Focus on 10-Year US Treasury Yield May Let Fed off the Hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
Bank stocks pop after Fed releases ‘easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...
US weekly jobless claims edge up; worker productivity growth slows
The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with ...
How California’s unbanked population compares to the rest of the US
Where are Americans least likely to use a bank? Spokeo analyzed data from the FDIC to illustrate where banking is falling ...
American Banker1d
Fed's Bowman wants 'open-minded' approach to innovation
The Federal Reserve governor said regulators have stifled the banking system's ability to experiment with emerging ...
asreport.americanbanker1d
RMBS market ready to cope with Los Angeles wildfires
RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, ...
Fed officials note abundance of uncertainty in Trump's policy moves
Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from ...
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...