U.S. economic data on Thursday morning is expected to show that the year opened with the third straight quarterly expansion in gross domestic product.
Category: Federal Reserve System
-
First Republic Lurches as It Struggles to Find a Savior
The bank is sitting on big losses and paying more to borrow money than it is making on its loans to homeowners and businesses.
-
U.K. Watchdog Blocks Microsoft’s Bid to Buy Activision
The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels.
-
First Republic Bank Enters New Free Fall as Concerns Mount
The bank’s shares fell by about 50 percent on Tuesday, a day after it said customers had pulled $100 billion in deposits in the first quarter.
-
America’s Inflation Antihero Gets a Makeover
As the Fed fights inflation with a wary eye on the 1970s, some are arguing that Arthur Burns, the Fed chair at the time, gets too bad a rap.
-
Rates on C.D.s Are Soaring, but the High Rates May Not Last
Banks are offering the promotional rates to attract deposits. But given concerns about the economy, it’s unclear how long banks will continue to reward savers.
-
Goldman Sachs Earnings Disappoint Investors
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business.
-
The Week in Business: Moderating Inflation
The Biden administration’s sweeping plans to get more electric vehicles on the road. The big banks’ strong earnings. The Fox v. Dominion trial is starting. And tax day is almost here.
-
Unemployment Is Low. Inflation Is Falling. But What Comes Next?
Despite hopeful signs, economists worry that a recession is on the way or that the Federal Reserve will cause one in trying to rein in inflation.
-
How Silicon Valley Bank’s Failure Could Have Spread Far and Wide
New research suggests large parts of the country remain vulnerable to widespread bank failure in the event of a run on deposits.
-
Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.
-
Dour Earnings Loom Over Wall St. as a Slowing Economy Bites
The outlook for corporate profits has swiftly deteriorated, with inflation still fast and a banking scare prompting some investor caution.