Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes
Posted inBanking and Financial Institutions Corporations Federal Reserve System Inflation (Economics) Interest Rates NVIDIA Corporation Standard & Poor's 500-Stock Index Stocks and Bonds United States United States Economy

Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes

The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
What Is the Basel III Endgame, and Why Are Banks So Upset About It?
Posted inBanking and Financial Institutions Basel Committee on Banking Supervision Federal Deposit Insurance Corp Federal Reserve System Lobbying and Lobbyists Mortgages National Community Reinvestment Coalition Office of the Comptroller of the Currency Pensions and Retirement Plans Regulation and Deregulation of Industry

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.