Economy & Finance
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These GOP Lawmakers Referred Constituents To The CFPB For Help. Then They Voted To Gut The Agency.
Joel Jacobs, Techdirt
This story was originally published by ProPublica. Republished under a CC BY-NC-ND 3.0 license. A New York business frozen out of its checking account. A Georgia chemotherapy patient denied a credit card refund after a product dispute. A New Jersey service me…
Aug 20, 2025, 7:56 PM
Trump calls on Federal Reserve governor Lisa Cook to resign, renewing attack on central bank
Callum Jones in New York, Yahoo Entertainment
Ally of the president has accused the first Black woman to sit on the central bank’s board of mortgage fraud
Aug 20, 2025, 6:23 PM
How Bankers Effectively Saved (and Warped) New York City.
Emily Bazelon, Slate Magazine
Jonathan Mahler’s new book, The Gods of New York describes a pivotal four years in New York City’s history.
Aug 17, 2025, 1:00 PM
New York Takes Zelle to Court Over Fraud on the Platform, Claims $1 Billion Lost
AJ Dellinger, Gizmodo.com
You'd think the banks would be invested in preventing fraud.
Aug 14, 2025, 1:10 PM
Open Banking and Payments Competition
Patrick McKenzie (patio11), Bitsaboutmoney.com
Why the banks really hate fintechs that allow businesses to learn your account number easily.
Aug 13, 2025, 11:44 PM
Forget the Crypto Bros. Wall Street Is Driving the New Crypto Boom
Luc Olinga, Gizmodo.com
The crypto market is on fire again, but the fuel isn't coming from social media hype. It's coming from institutional investors making a massive bet that the Federal Reserve is about to make money cheap again.
Aug 13, 2025, 3:38 PM
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’
Joel Khalili, Wired
In a new executive order, the US president has called on federal regulators to investigate and punish banks for alleged discrimination against conservatives, Christians and certain types of business.
Aug 8, 2025, 7:02 AM
Meet Stephen Miran, Trump's newest Federal Reserve Board pick
Bryan Metzger,Katherine Li, Business Insider
Stephen Miran has been serving as the Chairman of the Council of Economic Advisors. Trump said he would only serve at the Fed until January 2026.
Aug 8, 2025, 2:37 AM
Trump accuses banks of discriminating against his supporters
Al Jazeera, Al Jazeera English
The White House is said to be preparing an order calling for regulators to review US financial institutions.
Aug 5, 2025, 4:40 PM
What To Expect On Interest Rates For The Remainder Of 2025
Simon Moore, Senior Contributor, Simon Moore, Senior Contributor https://www.forbes.com/sites/simonmoore/, Forbes
Interest rate cuts are expected from the Fed's remaining meetings of 2025, especially if upcoming jobs data prompts further concern.
Aug 3, 2025, 3:43 PM
Altice USA, Inc. (ATUS) Secures $1B Loan Backed by NYC Network Assets
Laiba Immad, Yahoo Entertainment
We recently compiled a list of the 10 Best Low Cost Stocks To Buy Under $50. Altice USA, Inc. stands fifth on our list. Altice USA, Inc. (NYSE:ATUS), one of ...
Aug 2, 2025, 1:33 PM
The Fed holds rates steady for the fifth time this year
allisonkelly@businessinsider.com (Allie Kelly), Business Insider
The Fed announced it will leave interest rates unchanged in July, despite Trump and members of his cabinet pushing for a cut.
Jul 30, 2025, 6:00 PM
How the Federal Reserve Actually Affects Mortgage Rates
Katherine Watt, CNET
Experts predict the Fed won't start cutting rates until the fall at the earliest. That means we're not likely to see mortgage rates drop below 6.5% for a while.
Jul 28, 2025, 1:48 PM
If Trump Fires Powell, You’ll Want Own This 8.4% Dividend
Michael Foster, Contributor, Michael Foster, Contributor https://www.forbes.com/sites/michaelfoster/, Forbes
Fire Powell? Keep him around? The question never seems to go away—and the markets, fueled by the so-called “TACO” trade, are shrugging it all off.
Jul 26, 2025, 12:00 PM
Trump visits Federal Reserve and tussles with Jerome Powell in extraordinary moment
Rafael Nam, NPR
President Trump visited the Federal Reserve to inspect an ongoing renovation and disagreed with Powell about the final cost of the project in an extraordinary moment.
Jul 24, 2025, 9:07 PM
Jerome Powell defends $2.5 billion Federal Reserve renovation project amid criticism from the Trump administration
Katherine Li, Business Insider
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over interest rates.
Jul 18, 2025, 3:02 AM
Bank of America expects to launch stablecoins as Morgan Stanley weighs use
Nupur Anand, Yahoo Entertainment
NEW YORK (Reuters) -Bank of America has been working on stablecoins like the rest of the industry and investors can expect the lender to move forward on this...
Jul 16, 2025, 2:57 PM
5 stats that show where BlackRock is — and where the world's largest asset manager is going
Bradley Saacks, Business Insider
Larry Fink's firm has brought in more than $150 billion in net inflows this year.
Jul 15, 2025, 2:58 PM
US banking giants reap gains from dealmaking rebound
Nupur Anand, Tatiana Bautzer and Saeed Azhar, Yahoo Entertainment
NEW YORK (Reuters) -Large U.S. banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the...
Jul 15, 2025, 1:28 PM
Fed Chair Contender Is Now in Favor of Cutting Rates, Just as Trump Wants
Catarina Saraiva, Yahoo Entertainment
(Bloomberg) -- Kevin Warsh, a top contender to replace Jerome Powell as chair of the Federal Reserve, is finally ready to cut interest rates. Most Read from ...
Jul 15, 2025, 10:00 AM
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
Megan Lebowitz, Lindsey Pipia, NBC News
National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the a…
Jul 13, 2025, 6:08 PM
2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
William Edwards, Business Insider
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.
Jul 13, 2025, 9:30 AM
How Trump's immigration crackdown is reshaping financial industry hiring, travel, and dealmaking
Alex Nicoll,Bradley Saacks,Kaja Whitehouse, Business Insider
Investors and dealmakers may not be the obvious targets of Donald Trump's immigration policies — but the impact on Wall Street is being felt.
Jul 9, 2025, 9:00 AM
Why some see the dollar's drop as a sign America is losing its financial might
Rafael Nam, NPR
The dollar has just posted its worst first-half of a year since 1973. And now investors wonder — is it a sign that America is losing its financial standing?
Jul 7, 2025, 10:00 AM