Business & Markets News
Business & Markets News | LATEST STORIES
House Passes Landmark Crypto Regulation Bill
The bill would give the Commodity Futures Trading Commission primary jurisdiction to regulate the crypto sector.
Federal Reserve Concerned About Inflation Uptick: Minutes
Some Fed officials suggested it might be appropriate to raise interest rates.
‘Patience Really Matters’: Fed Wants Several More Months of Good Inflation Data Before Rate Cut
A rate hike is ‘probably unnecessary,’ says Federal Reserve Governor Christopher Waller.
Remove Red Tape or Pay Banks to Avoid Mass Debanking, Report Says
The Institute of Economic Affairs said banks are forced to close accounts because the cost of complying with regulations is too high.
Is Now Still a Good Time to Buy Gold? Analysts Weigh In
Global demand for gold remains robust, particularly in Asia.
Fonterra to Sell Australian Assets
The divestment plan disclosure came only three months after Fonterra announced it would merge its Fonterra Brands New Zealand and Fonterra Australia.
Senate Votes to Scrap SEC Crypto Policy, Biden Vows to Veto Joint Resolution
Eleven Senate Democrats joined Republicans to cancel SEC guidance on cryptocurrency.
As Markets Hit All-Time Highs, Biden Touts ‘Confidence’ in US Economy
President Joe Biden champions stock market’s all-time highs.
US Credit Card Debts Rise, More Americans Become Delinquent: NY Fed
The share of maxed-out credit card users is rising along with debt default rates.
