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Erosion Of Fed Independence Would Be 'Credit Negative' For US Rating, Fitch Says
Erosion of Fed independence would be 'credit negative' for US rating, Fitch says.
Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.
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Trump Down To '3 Or 4' Candidates To Replace Powell As Fed Chair
President Trump told reporters that he is actively considering replacements for Fed Chairman Jerome Powell, and that he is down to 3 or 4 candidates.
Markets Brace for Tariff Turbulence Amid Looming Deadlines
Relative calm in financial markets following April’s tariff pause may dissipate as investors face July deadline that could reignite trade tensions.
Wisconsin Advisor Accused in $16 Million Fraud, Allegedly Purchased 300 Snowmobiles
Stanley Pophal, a 63-year-old financial advisor from Wausau, Wisconsin, is facing allegations of orchestrating a $16 million Ponzi scheme.
Investors Returned to US Long-Term Bond Funds in May
U.S. long-term bond funds drew massive inflows in May, reversing April's drawdown and indicating investors sought the safety of higher-yielding debt.