Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Warren: Only Congress — not Trump or Musk — can ‘get rid of the CFPB’
Senator Elizabeth Warren said Wednesday that the law clearly states only Congress that can shutter the CFPB, setting up a ...
Warren, Waters Warn Bank Regulators Against Aiding ‘Unlawful’ DOGE Actions
Trump administration threw one of the nation’s banking regulators into turmoil. In their Wednesday letter, which was earlier ...
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When the FDIC took extraordinary action and it paid off
The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Powell backs change in bank-capital rules to boost liquidity in Treasury market
Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...
Powell Says Easing Bank Capital Requirements Could Help Treasury Market
In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks could also improve the functioning of the all-important U.S. Treasury ...
Dow Jones Today: Stocks Pare Losses, Yields Soar on Hot Inflation Report
U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...
Wall Street Lunch: Boom Goes The CPI
January's Consumer Price Index rose +0.5%, pushing annual inflation to 3%, causing stock index futures to drop and Treasury ...
10-year Treasury yield has biggest one-day jump of 2025 after hot inflation data
In data released on Wednesday, the U.S. consumer-price index for January came in hotter than expected. The index rose 0.5% for the month, pushing the annual headline rate of inflation to 3%. Meanwhile ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Falling inflation-adjusted yields have cheered investors. Why it may not last.
Long-term real yields probably won't keep falling this year in the U.S., as investors are "getting to grips" with Treasury-inflation protected securities under the new White House administration, ...