—Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’ s office were turned away on Tuesday by a building…
Economic News
Kevin Warsh's newly submitted financial disclosures show assets of well over $100 million, exceeding all recent Federal Reserve chairs, as his nomination hearing to lead the central bank is expected to take place next week. President Trump's nominee to succeed Federal Reserve Chair Jerome Powell submitted financial filings that show he has holdings of…
The International Monetary Fund, in its latest World Economic Outlook 2026, released yesterday, revised Nigeria's growth projection downward to 4.1 per cent in 2026, while projecting a modest recovery to 4.3 per cent in 2027, underscoring a fragile but improving medium-term outlook. Equally, the IMF yesterday hailed the Central Bank of Nigeria for the…
Ahead of the Monetary Policy Committee meeting of the Central Bank of Nigeria next month, the International Monetary Fund has urged central banks across the world to adopt a cautious "wait and see" approach as the ongoing Middle East conflict continues to tighten global financial conditions. Speaking at the launch of the April 2026 World Economic Outlook in…
Staff Statement Regarding Broker-Dealer Registration of Certain User Interfaces Utilized to Prepare Transactions in Crypto Asset Securities. Division of Trading and Markets. The Staff of the Division of Trading and Markets of the Securities and Exchange Commission is issuing the following statement to provide its views on the broker-dealer…
2026 APR 14– By a News Reporter-Staff News Editor at Fitness& Wellness Daily– Current study results on Sustainability Research- Sustainable Economy have been published. Funders for this research include Institute for New Economic Thinking, Private Debt Project, Weidenbaum Center at Washington University. The news editors report that additional…
Kevin Warsh is President Trump's choice to succeed Jerome Powell as the Chair of the Board of Governors of the Federal Reserve System. Warsh was a member of the Board of Governors of the Federal Reserve System from 2006 to 2011, making him the youngest Governor in the Federal Reserve's history. Prior to his time at the Federal Reserve, Warsh served as Special..
Shelby Russ, president and CEO of New Orleans- based AOS Interior Environments, has spent decades decking out offices, dorms, hospitals and more with high-end furniture, fixtures, modular walls and other interior elements. That perspective informs his work as a director of the New Orleans branch of the Federal Reserve Bank of Atlanta, where he reports on local…
Last week’ s inflation report showed the first clear signs that the conflict with Iran is feeding into the U.S. economy through energy prices. Consumer prices rose 3.3% in March from a year earlier, up from 2.4% in February. That is not the kind of inflation shock the Federal Reserve can easily fix.
The following information was released by the Independent Institute:. So did the European Central Bank. And the Bank of England.
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced its approval of the application by Burke and Herbert Financial Services Corp., of Alexandria, Virginia, to merge with LINKBANCORP, Inc., and thereby indirectly acquire LINKBANK, both of Camp Hill, Pennsylvania. The Board also gave its approval for…
U.S. inflation surged in March as the energy shock stemming from the war in Iran rippled across the economy. "Core" inflation, which strips out volatile food and energy prices, increased modestly, however, providing some comfort to the Federal Reserve as it debates how to proceed with interest rates. The data released by the Bureau of Labor Statistics on Friday…
In today's world of heightened geopolitical uncertainty and overextended credit and equity markets, the Federal Reserve would do well to heed Keynes's advice and be prepared to change its monetary policy outlook at short notice as new facts emerge. Even as the economy was recovering strongly and inflation was picking up, the Fed kept interest rates at their…
In this role, he will contribute to the national monetary policymaking process, providing valuable economic insight affecting businesses and communities in the footprint it serves, which includes German American Bank. German American, through its banking subsidiary German American Bank, operates 94 banking offices located throughout Indiana, Kentucky,…
After particularly strong recent monthly job gains, Texas is expected to add nearly 280,000 jobs this year, according to a model-based forecast published Friday by the Federal Reserve Bank of Dallas. "Texas employment growth strengthened notably in December and January, contributing to an increase in the employment forecast for 2026," Luis Torres, a senior…
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Wednesday invited public comment on a proposal that would allow U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service. For example, it would allow U.S. banks to use FedNow to transact with correspondent banks to…
The Central Bank of Liberia has mounted a robust justification of its plan to print additional Liberian dollar banknotes, arguing that the move is a technical necessity driven by economic expansion, currency deterioration, and structural realities of a cash-based economy–not an inflationary policy shift. The justification was laid out on Wednesday…
The Federal Reserve has been in the news these days. But what most people want to know is whether they can trust the Federal Reserve. Today, I will try to address these issues and describe how the structure of the Federal Reserve, designed by Congress over 100 years ago, had these very concerns in mind.
The Central Bank of The Bahamas says the country's economy should remain strong, but warns that a prolonged Middle East conflict could negatively impact economic stability by raising costs and decreasing demand. Strikes by the United States and Israel on Iran have contributed to global oil prices rising above $100. "Conversely, the industry could encounter…
