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A service for banking industry professionals · Thursday, February 20, 2025 · 787,534,397 Articles · 3+ Million Readers
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Federal Reserve System News Monitoring

  • Published on Feb 19, 2025

    Tariffs drive consumer spending shifts, report finds

    New and promised tariffs are impacting what Americans buy, a new report from CreditCards.com reveals. One in 5 Americans are buying more items than usual and 1 in 4 have made large purchases, according to the report that examined consumer spending habits …

    Source: The Journal Record - Oklahoma - Label Pending
  • Published on 00:10 GMT

    Oil holds near one-week high on supply concerns, sanctions on Russia eyed

    OIL prices held near a one-week high on Wednesday on worries about supply disruptions in Russia and the US, while the market awaited clarity on sanctions as Washington tries to broker a deal to end the war in Ukraine. Brent futures rose 20 cents, or 0.3 …

    Source: The Business Times Singapore - Neutral
  • Published on 00:37 GMT

    Worried Your Retirement Savings Won’t Last? Consider This Alternative

    I call it the "desert island dilemma” — a reference to being stranded alone with a single barrel of water, having to decide how long it might last and how much you can afford to drink every day. In personal finance terms, rather than water, imagine …

    Source: Money Magazine - Puerto Rico - Neutral
  • Published on 00:57 GMT

    S&P 500 records closing high as Fed minutes parsed

    NEW YORK: US stocks ended modestly higher on Wednesday and the S&P 500 notched its second straight all-time closing high as investors scrutinised the minutes from the Federal Reserve's January policy meeting and digested US President Donald Trump…

    Source: The Malaysian Star - Uncategorized
  • Published on Feb 19, 2025

    Your $2 bill could be worth thousands. Here's how to check

    Its secured inside your lock box or deep in a dresser drawer — the $2 bill. But some of the less-used currency could be worth far more than face value. Depending on the year and how a $2 bill was circulated, some $2 bills are now worth thousands. A $2 …

    Source: Democrat & Chronicle - New York - Label Pending
  • Published on Feb 19, 2025

    Timeline: Executive orders signed by Trump in his first month in White House

    WASHINGTON, Feb. 19 (Xinhua) -- The start of U.S. President Donald Trump's second term has been marked by a flurry of executive orders, underscoring his ambitious agenda to overhaul the federal government and redefine key policies. As of Feb. 19, 30 …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Feb 19, 2025

    Wall St slips after Trump’s latest tariffs threat

    Wall Street’s main indexes dipped and the S&P 500 came off record highs on Wednesday as investors assessed U.S. President Donald Trump’s latest tariff threats and awaited minutes from the central bank’s January meeting. Trump said on Tuesday that he …

    Source: Business Recorder - Neutral
  • Published on Feb 19, 2025

    Litecoin Tops Crypto Gains As Open Interest Hits 3-Year High: Retail Bullish On ETF Approval

    Updated: Feb 19, 2025, 9:00 PM IST Litecoin (LTC) extended its rally on Wednesday, climbing nearly 10% in the last 24 hours – leading gains among the top 20 cryptocurrencies by market capitalization – to reclaim the $135 level. The cryptocurrency has …

    Source: Asianet Newsable - Label Pending
  • Published on Feb 19, 2025

    Farmers must understand macroeconomy to secure their future

    For generations, farmers have focused on weather patterns, soil health, and market prices, but today, they realize that the broader macroeconomy plays a crucial role in their success. Interest rates, inflation, and global trade policies now shape …

    Source: KXEL News - Iowa - Neutral
  • Published on Feb 19, 2025

    What are the risks of Trump’s tariffs for the US and the world?

    Donald Trump’s tariff policies are starting to take shape and they’ve led to condemnation across the globe. “An eye for an eye, a tariff for a tariff, same exact amount.” That is how Donald Trump billed reciprocal tariffs on other countries during the …

    Source: Al Jazeera - Pro-Government
  • Published on Feb 19, 2025

    In Sri Lanka, the new government’s policy: a lost historic opportunity

    Can you give us a quick summary of the crisis in Sri Lanka in 2022? It began with a popular revolt in March-April 2022 which continued through July of that year. The revolt was the result of several shocks undergone by the country which caused a serious …

    Source: International Viewpoint - Label Pending
  • Published on Feb 19, 2025

    Citi lifts CEO Fraser's pay by a third to $34.5 million

    Citigroup lifted CEO Jane Fraser's total compensation to $34.5 million for 2024 — up a third from the previous year — as she continues to drive a plan for higher returns at the Wall Street bank. Fraser's pay, the vast majority of which is in the …

    Source: American Banker - New York - Neutral
  • Published on Feb 19, 2025

    Mapped: How Far $1 Million Gets You in Retirement, by U.S State

    How Far Can You Get With $1 Million for Retirement? This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Becoming a millionaire has long …

    Source: Visual Capitalist - Neutral
  • Published on Feb 19, 2025

    Citi gives CEO Jane Fraser a 33% pay boost

    Dive Brief: Citi CEO Jane Fraser received $34.5 million in compensation in 2024, the bank disclosed Tuesday. That’s a 32.7% raise over the $26 million she received in 2023. The total catapults her from the lowest-paid CEO of the six largest U.S.-based …

    Source: Banking Dive - Neutral
  • Published on Feb 19, 2025

    Cap One, Discover shareholders approve merger

    Shareholders for Capital One and Discover Financial approved a proposed combination of the two companies in separate company meetings Tuesday.  The deal was overwhelmingly approved, with more than 99% of the shares of both companies voting to give the go- …

    Source: Payments Dive - Label Pending
  • Published on Feb 19, 2025

    Letters to the Editor: Readers react to Trump, GOP

    I am done with all the name-calling Last Monday, former Michigan Republican Party Co-Chair Meshawn Maddock asserted that, as a woman, she was the best candidate to challenge “three witches that are right now ruling our state.”   That got my attention. Why …

    Source: Ottawa News Network - Michigan - Label Pending
  • Published on Feb 19, 2025

    Bank Indonesia Pauses Easing Cycle, but Says More Cuts to Come

    TEMPO.CO, Jakarta - Indonesia's central bank, Bank Indonesia, kept interest rates steady on Wednesday, emphasizing its focus on stabilizing the rupiah currency amid global uncertainties, but said further easing to prop up economic growth is only a …

    Source: Tempo.co - Label Pending
  • Published on Feb 19, 2025

    The Fed wants more progress on inflation before cutting interest rates — and stocks are stuck in place

    U.S. stocks were little changed after minutes from the January meeting of the Federal Reserve’s interest-rate setting committee indicated that the central bank’s officials aren’t in a hurry to further cut borrowing costs.Read more...

    Source: Quartz - Neutral
  • Published on Feb 19, 2025

    Fact Check Team: 71% of active real estate agents did not sell a home last year

    WASHINGTON (TNND) — A recent report from Inman, a real estate publication, reveals a Redfin survey found that 71% of active real estate agents did not close any home sales in 2024. This startling statistic highlights significant challenges within the real …

    Source: FOX Rochester - New York - Center-right

05 days 02:10:49

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