The Latest Breaking News from US Federal Reserve

There has been a lot of change in a short space of time

WASHINGTON — Sen. Bernie Sanders, I-Vt., said he plans to introduce a measure that would prevent big bank executives from serving on the boards of the regional Federal Reserve banks that oversee them.

A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.

Congress is trying to figure out how best to respond to the abrupt failure of two U.S. banks

NEW YORK: Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a bank rescue effort this week -- a situation sparking reminders of 2008.

If you were not bearish already, then perhaps time to reconsider your stock market (SPY) outlook. As you will discover in today’s commentary, even the best case scenario for the recent banking concerns still likely tips the economy into recession which leads to deepening bear market. Read on below for…

The Stock Exchange of Thailand experienced its most volatile week of the year, with gains and losses of more than 40-50 points, as did global bourses as a bank run led to the collapse of Silicon Valley Bank (SVB) and eroded confidence in US lenders.

It's a familiar cycle: Boom, bust, then bailout. Now everyone is wondering where the financial regulators were

The stock market will likely stay under pressure this year, with stubborn inflation and elevated interest rates. However, the Fed’s decision could largely be influenced by concerns about the recent banking crisis. Amid such uncertainty, fundamentally sound stocks Johnson & Johnson (JNJ), Abbott Laboratories (ABT), and Humana (HUM) could be…

Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concerns

Sticky inflation and recessionary fears have compelled Americans to check their spending habits. Diminishing demand could keep the cruise line industry under significant pressure this year. Against this backdrop, weak cruise line stocks Royal Caribbean Cruises (RCL) and Carnival Corporation (CCL) might be best avoided in 2023. Read on….