Economic News

Newswires RSS Get our newsletter

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below:. UBS Group AG, Zurich, Switzerland, Credit Suisse AG, Zurich Switzerland, Credit Suisse Holdings, Inc., New York, New York and Credit Suisse AG, New York Branch, New York, New York.

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced its approval of the application by the Stephen M. Calk 2025 Trust, of Houston, Texas, to become a savings and loan holding company by acquiring National Bancorp Holdings, Inc., and thereby indirectly acquiring The Federal Savings Bank, both of…

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced that it did not object to the conversion of United Texas Bank, of Dallas, Texas, from a bank supervised by the Federal Reserve to a national bank supervised by the Office of the Comptroller of the Currency. As required by law, the OCC submitted a…

Measure ER in Los Angeles County is a one-half percent sales tax increase to pay the cost of providing full health insurance to illegal immigrants. It was placed on the ballot by a 4-1 vote of the Board of Supervisors, with only Kathryn Barger in opposition. Proponents, led by Supervisor Holly Mitchell, insist that this tax increase is necessary because of federal…

WASHINGTON— Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

WASHINGTON— Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

WASHINGTON- Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

—Jerome Powell's stint leading the Federal Reserve is finished, but his battle with President Donald Trump is far from over. Fast food restaurant to launch Conecuh dogs along Gulf Coast ahead of other locations. Powell's second four-year term as chair of the Fed board ended Friday, two days after his successor, Kevin Warsh, was confirmed by the Senate as the bank's…

The following information was released by the Federal Reserve Bank of New York:. The Federal Reserve Banks of New York, Dallas, and Richmond today announced the results of this yearsHigh School Fed Challenge, an academic paper competition. Fairview High School, Boulder, CO: Time to Face the Music: Is Inequality in the Music Industry a Problem?

DETROIT, MICHIGAN- May 15, 2026- The Federal Reserve has stopped cutting interest rates thanks to persistent inflation, a war in Iran that has sent gas prices soaring and geopolitical tensions that don't appear to be abating. But what wasn't expected was the dissent within the Federal Reserve. Instead of a unanimous vote, the FOMC was split 8-4, with Fed officials…

The following information was released by the Federal Reserve Board:. At the Money Marketeers of New York University, New York, New York. There has been a lot of discussion of late about reducing the size of the balance sheet of the Federal Reserve to reduce our "footprint" in the financial system.

—When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. The Fed's key short-term rate rose to a two-decade high in 2023, even as unemployment fell to a half-century low. But in January, he pushed back against an unprecedented legal…

The U.S. Senate voted Wednesday to confirm Kevin Warsh as the next chair of the Federal Reserve. He was approved on a vote of 54 to 45 after Pennsylvania Democrat John Fetterman joined all 53 Republican senators voting in favor of his confirmation. Following Wednesday’ s confirmation vote, Massachusetts Democratic Senator Elizabeth Warren said,“ Trump wants to…

The Depository Trust& Clearing Corporation, the premier post-trade market infrastructure for the global financial services industry, announced that the U.S. Securities and Exchange Commission has approved DTCC subsidiary, National Securities Clearing Corporation to offer a new client access model for the Securities Financing Transaction Clearing…

Boston Omaha Corporation announced its financial results for the first quarter ended March 31, 2026, in connection with filing its Quarterly Report on Form 10- Q with the Securities and Exchange Commission. During the first quarter of 2026, we had net other expense of $1.0 million, which included a $1.7 non-cash loss from unconsolidated affiliates mainly…