Fed Pivot to Interest-Rate Cuts Seen Likely to Start in May
A stronger-than-expected U.S. labor market won't keep the Federal Reserve from pivoting to a series of interest-rate cuts next year.
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Wall Street Bank Bosses Warn Lawmakers of Economic Toll From Tough New Rules
Dimon warned capital hikes other new regulations being contemplated by U.S. bank regulators will hurt lending, capital markets and broader economy.
Supreme Court Wary of Repercussions of Case That Could Upend Tax Code
Supreme Court appeared inclined to leave in place an obscure tax provision enacted during the Trump administration during oral arguments on Tuesday.
U.S. Bank CEOs Expected to Protest Regulation Push Before Congress
Top bosses of major banks are expected to warn lawmakers this week that capital hikes and other new regulations will hurt the economy.
Supreme Court to Consider ‘Quadrillion-Dollar Question’ in Major Tax Case
The Supreme Court will hear oral arguments in early December on case that has the potential to broadly reshape the U.S. tax code and cost government.
Powell Pushes Back on Rate-Cut Bets, But Markets Push Back Harder
Federal Reserve Chair Jerome Powell attempted to push back against investors’ growing expectations of interest-rate cuts in the first half of 2024.
GAO Report Recommends DOL Take A More Documented Approach
Government Accountability Office recently released report highlighting challenges faced by DOL's Employee Benefits Security Administration (EBSA).
