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Category Federal Reserve

Fed Governor: Guardrails Essential for Stablecoins to Modernize Finance

Fed Governor: Guardrails Essential for Stablecoins to Modernize Finance

Stablecoins are surging into the financial spotlight as regulators push forward with frameworks that could unlock their full potential to revolutio...
Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA

Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA

There appeared to be consensus around growing labor market risks even as sticky inflation remains an issue.
Jamie Dimon says “Cockroaches” lurk in the US economy

Jamie Dimon says “Cockroaches” lurk in the US economy

Jamie Dimon warned about “cockroaches” in the US economy after JPMorgan took a $170 million hit from Tricolor’s collapse.
Asian stocks sink as global banking woes trigger market volatility

Asian stocks sink as global banking woes trigger market volatility

Asian stocks are moody on Friday, dragged lower by fears surrounding U.S. regional banks and the growing uncertainty spreading across global markets.
American credit card debt climbs to record $1.33 trillion

American credit card debt climbs to record $1.33 trillion

The total debt Americans owe on their credit cards has just hit $1.33T, a new record high that shows how deep household borrowing has gone in 2025.