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Why Higher Fed Rates Are Not Totally Off the Table
Posted inBanking and Financial Institutions Consumer Price Index Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

Why Higher Fed Rates Are Not Totally Off the Table

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.
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Posted by By Jeanna Smialek
Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial
Posted inBanking and Financial Institutions Frauds and Swindling Halligan, Patrick (Financial Executive) Hedge Funds Hwang, Bill Securities and Exchange Commission Stocks and Bonds United States

Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial

The hedge fund is accused of borrowing money from banks to buy stocks.
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Posted by By Matthew Goldstein
Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader
Posted inBanking and Financial Institutions Ethics and Official Misconduct Federal Deposit Insurance Corp Gruenberg, Martin J Labor and Jobs Sexual Harassment

Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader

Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership.
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Posted by By Emily Flitter
Jobs Data Revives Wall Street’s Hopes for a Rate Cut
Posted inBanking and Financial Institutions Federal Reserve System Government Bonds Interest Rates Labor and Jobs Labor Department (US) Russell 2,000 Stock Index Standard & Poor's 500-Stock Index United States Economy

Jobs Data Revives Wall Street’s Hopes for a Rate Cut

A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.
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Posted by By J. Edward Moreno and Joe Rennison

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