Economic News

Newswires RSS Get our newsletter

President Trump has been clear about his disdain for the Federal Reserve. During his first term, he frequently badgered the Fed, firing off social media posts that described Fed officials as "boneheads.”. His newly established Department of Government Efficiency, which is helmed by Tesla CEO Elon Musk, has initiated dramatic financial overhauls involving many…

WASHINGTON– The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again May 7 and gave no hint it plans to lower it soon as President Donald Trump's sweeping tariffs raise the risks of both another inflation spike and recession. "We are comfortable with our policy stance," Federal Reserve Chair Jerome Powell said at…

Distributed via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission, on May 08, 2025 at 10:03 UTC.

U.S. SECURITIES AND EXCHANGE COMMISSION. ELLINGTON CREDIT COMPANY; ELLINGTON CREDIT COMPANY MANAGEMENT LLC; Ellington Global Asset Management, LLC; Ellington Financial Management LLC; Ellington Management Group, L.L.C; CC Ellington Structured Credit Fund Ltd.; Crescent II Fund, L.P.;. CII Cayman Holdings Ltd.; CII Holdco Inc.; Ellington Structured Credit ERISA…

The Purdue University/ CME Group Ag Economy Barometer rose 8 points to a reading of 148, up from 140 in March. The improvement in sentiment came amidst ongoing tensions with many of U.S. agriculture's largest trading partners, including Mexico, Canada and China. Notably, a majority of producers said they believe the increased use of tariffs will ultimately…

WASHINGTON- The Federal Reserve left interest rates unchanged Wednesday for a third meeting in a row, as officials pointed to heightened uncertainty about how significantly President Donald Trump's tariffs will raise inflation and slow growth. The Fed gathered at a highly volatile moment for the economy and the global financial system amid an onslaught of…

The first three months of 2025 have been a lot. According to the Federal Reserve Bank of St. Louis, travel, hotel, restaurant and bar spending fell during the pandemic, while grocery and beverage store spending went up. Consumer spending went down in January 2025, according to data from the Bureau of Economic Analysis.

The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the U.S. economic outlook as its policymakers grapple with the impact of President Donald Trump's tariffs. The Fed's policy statement, which held the benchmark overnight rate steady in the 4.25%-4.50% range, noted…

—The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut interest rates on Thursday as a result of the potential shock to global growth emanating from the tariff policies of the Trump administration. Though most tariffs were paused for 90 days following the ensuing market turmoil, including…

It kept rates steady at its meeting in March, which unfolded shortly before Mr. Trump announced a blanket 10% tariff on imports and threatened heftier levies on dozens of trading partners. A trade impasse between the U.S. and China has resulted in tariffs that exceed 100% on each other’ s goods. Treasury Secretary Scott Bessent and U.S. Trade Representative…

CINCINNATI— First Financial Bank has earned the highest possible rating of Outstanding from the Federal Reserve Board for its performance under the Community Reinvestment Act. The Outstanding rating follows a broad evaluation of First Financial’ s record of meeting the credit needs of its entire community, including low and moderate income neighborhoods,…

File No. 812- U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 In the Matter of the Application of: NUVEEN CHURCHILL DIRECT LENDING CORP.; NC SLF INC.; NUVEEN CHURCHILL PRIVATE CAPITAL INCOME FUND; CORIENT REGISTERED ALTERNATIVES FUND; CHURCHILL ASSET MANAGEMENT LLC; NUVEEN ASSET MANAGEMENT, LLC; CHURCHILL DLC ADVISOR LLC; CHURCHILL PCIF ADVISOR LLC;…

Experiential Spending in the U.S.*. Bureau of Economic Analysis, Table 2.4. 5. Recession periods: Federal Reserve Bank of St. Louis 4.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant x Filed by a Party other than the Registrant ¨ Check the appropriate box: Payment of Filing Fee:☒ No fee required☐ Fee paid previously with preliminary materials☐ Fee computed…

U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, but also warned about rising risks for the U.S. economy. The S&P 500 rose 0.4% Wednesday. Fed Chair Jerome Powell said the central bank has time to wait before making any potential moves on rates, but he warned that sustained tariffs could both…

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement☐ Confidential, For Use of the Commission Only☐ Definitive Proxy Statement☒…

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-05133 High Income Securities Fund 615 East Michigan Street Milwaukee, WI 53202 Andrew Dakos Bulldog Investors, LLP Park 80 West 250 Pehl Avenue, Suite 708…

A 14- year-old boy died in a shooting Monday night in downtown Minneapolis. Police said it happened at about 9 p.m. on the 90 block of Hennepin Avenue, near the Federal Reserve Bank building. It's heartbreaking, " Minneapolis police Chief Brian O'Hara said in a news release."