Economic News

President Trump warned that the Federal Reserve must lower interest rates or else he will cut off trade with countries that sell a ton of goods to the U.S. but don’ t buy as much from American producers. Mr. Trump tied trade deficits with other countries, a longtime fixation of his, with interest rates as the central bank gets skittish about stubborn inflation and…

The Securities and Exchange Commission today charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas- based Tricolor Holdings, LLC, for their roles in an alleged multi-year scheme to defraud investors by double pledging hundreds of millions of dollars of subprime auto loans to multiple…

The Securities and Exchange Commission today announced charges against purported investment advisor Ichcoin Tech Corp. for allegedly making false statements in its filings with the SEC regarding its eligibility to be an exempt reporting adviser as well as its purported office location and other relevant identifying information.

The following information was released by the Federal Reserve Bank of Atlanta:. The Southeast economy continued to gradually expand in late summer, even as contrasts persisted between the spending habits of cost-conscious consumers of modest means and those of more affluent households, according to the new Beige Book report from the Federal Reserve Bank of…

-Attorney General William Tong joined a coalition of 17 attorneys general today in sending letters to the Office of the Comptroller of the Currency and the Federal Reserve Board, urging the agencies to deny Opportunity Financials' application to acquire and merge with BNC National Bank, which would grant OppFi a national bank charter and enable the company to…

The following information was released by the Securities and Exchange Commission:. Release No. 106159/ August 19, 2026. Applicant challenged The Nasdaq Stock Market LLC's action suspending trading in, and.

NEW YORK— Wall Street dipped Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will raise its key interest rate this month. All three major U.S. indexes closed lower amid a broad selloff ahead of the three-day holiday weekend. The Labor Department's August employment report showed the U.S. economy added 162,000 jobs last month,…

WASHINGTON— President Donald Trump said Friday that if the Federal Reserve doesn't cut interest rates, he will stop trading with countries with which the United States has a deficit. "High interest rates put the U.S.A. at a very unfair disadvantage, and I won't allow that to happen!" The Bureau of Labor Statistics on Friday reported stronger-than-expected job…

But speaking from the Oval Office, Trump instead launched into a grievance session about inflation and interest rates. His anger was aimed at the financial markets, the Federal Reserve and U.S. trade partners. Stupidity causes inflation,” Trump vented in the Oval Office, as he declared it“ crazy” that the stock markets fell Friday on inflation concerns.

U.S. stocks fell and Treasury yields rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month, a development that could increase chances that the U.S. central bank will raise interest rates later this month. Wall Street expects the Federal Reserve to raise interest rates before the year ends in an effort to cool…

President Donald Trump threatened Friday to halt a broad swath of U.S. trade unless the Federal Reserve slashed interest rates, issuing a series of sweeping ultimatums that could prove costly to the economy if he were to carry it out. Newly released hiring figures showed that employers added about 162,000 jobs in August, evincing a labor market that has…

He called for the Federal Reserve to "Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago! LOWER THE RATE OR I'LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT, which the U.S. Supreme Court, in its ridiculous and very costly Tariff decision, strongly acknowledged' the President' has an absolute right to do.

President Trump called on the Federal Reserve to lower interest rates Friday after the August jobs report came in stronger than expected, threatening to cut off trade with several countries if the central bank doesn't budge. The Bureau of Labor Statistics reported Friday that U.S. employers added 162,000 jobs last month, well above the 53,000 that economists…

The U.S. economy added 162,000 jobs in August, according to CBS News and CoinDesk, far exceeding Wall Street forecasts and snapping a summer stretch of weak hiring. Bank of America Securities economist Shruti Mishra had noted that August jobs reports tend to surprise on the downside, pointing to seasonal patterns as a drag. August is historically weak for U.S….

NEW YORK— Wall Street rallied Thursday as investors curbed their rate hike bets after U.S. Federal Reserve board member Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are abating. All three major U.S. stock indexes closed at least 1% higher, with the Nasdaq enjoying a boost from the "…

—Stocks are mostly lower in the early going on Wall Street and Treasury yields are higher after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month. The government reported that U.S. employers added 162,000 jobs to their payrolls last month, far more than expected.

The following information was released by the Federal Reserve Board:. To set the stage before we talk, let me give you a sense of my thinking, as of today, about the economic outlook and the implications for monetary policy.1 The short version is that, while inflation remains meaningfully above the Federal Open Market Committee's 2 percent goal, recent data…

EDMOND, Okla.– Citizens Bank of Edmond Chairman, President, and CEO Jill Castilla was invited to participate in the G20 Finance Ministers and Central bank Governors Meeting this week. Treasury Scott Bessent, Federal Reserve Chair Kevin Warsh, JPMorganChase CEO Jamie Dimon, Goldman Sachs CEO David Solomon, Truist CEO Michael Lyons, Federal Reserve Vice Chair…

The following information was released by the Government of Canada:. At each defining moment in its history, Saskatchewan has responded by building. Today, Saskatchewan and Canada face another defining economic moment.