Nov 28 Powell says U.S. economy healthy and rate hikes aren't automatic By Martin Crutsinger, Associated Press Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Continue reading
Oct 23 Watch 4:48 News Wrap: Stocks seesaw; Hurricane Willa threatens Mexico's Pacific coast Tuesday in our news wrap, another choppy day of trading on Wall Street. Stocks fell on lackluster earnings reports and steep losses overseas. Also, Hurricane Willa is making landfall on Mexico's Pacific Coast tonight, with winds diminished to around 120… Continue watching
Aug 22 What the longest bull market in history means for the economy and your investments By Gretchen Frazee Wednesday marked the longest bull market in the stock market's history, and financial analysts say the economy is strong enough that the gains could continue. Continue reading
Apr 13 Wells Fargo acknowledges federal settlement offer of $1 billion By Associated Press The consumer banking giant continues to navigate several investigations related to the opening of fake customer accounts, forcing customers to take unnecessary auto insurance policies, unfairly charging fees tied to mortgage rates and other matters. Continue reading
Feb 02 Watch 2:49 What does Friday's sweeping sell-off mean for Wall Street? By PBS News Hour Stocks plunged on Friday over fears that the Federal Reserve will accelerate interest rate hikes. The sell-off was driven by news that the economy added a net of 200,000 jobs in January, with wages rising at the fastest pace in… Continue watching
Oct 25 Senate GOP votes to repeal consumer rule By Kevin Freking, Associated Press The Senate voted narrowly to repeal a banking rule that would have allowed consumers to join together to sue their bank or credit card company. Continue reading
Jun 08 House GOP passes bill to roll back Dodd-Frank regulations By Associated Press Republicans argue that rules designed to prevent another meltdown were making it harder for community banks to operate and hampering the economy. Continue reading
Apr 17 Watch 2:52 News Wrap: Ousted South Korean president indicted By PBS News Hour In our news wrap Monday, South Korea’s recently ousted President Park Geun-hye was indicted on charges of bribery, extortion and abuse of power. If convicted, she could face life in prison. Also, hundreds of Palestinians within Israeli prisons launched a… Continue watching
Apr 12 Read the letter the Charging Bull sculptor sent demanding the removal of Fearless Girl By Elizabeth Flock, Synclaire Cruel The letter, which was sent through the sculptor’s attorneys, argues that the statue of the girl violates copyright and was placed there for commercial gain… Continue reading
Mar 21 Watch 2:29 News Wrap: Trump administration reviewing U.S. nuclear policy By PBS News Hour In our news wrap Tuesday, a senior official with the president's National Security Council said the White House is evaluating whether the longstanding U.S. goal of a world without nuclear weapons remains "realistic." Also, Northern Ireland marked the death of… Continue watching