Federal Housing Agency Braces for Deep Job Cuts

Federal Housing Agency Braces for Deep Job Cuts Federal Housing Agency Braces for Deep Job Cuts

William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control..
The Nonprofit Caught in the Fray of Trump’s Attacks on Big Law The Nonprofit Caught in the Fray of Trump’s Attacks on Big Law

A federal inquiry into D.E.I. practices at 20 law firms zeroed in on SEO, a decades-old program..
Long Before She Was Charged With Murder, a Group of Men Had Raised an Alarm Long Before She Was Charged With Murder, a Group of Men Had Raised an Alarm

“I told the judge, I told the D.A., that she was going to kill somebody,” said David Butler, one of ..
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies

A directive calling for oversight over the central bank’s regulatory and supervisory..
The Cryptocurrency Scam That Turned a Small Town Against Itself The Cryptocurrency Scam That Turned a Small Town Against Itself

How did a successful, financially sophisticated banker gamble his community’s money away?
Off Broadway, Labor Tension Heats Up Off Broadway, Labor Tension Heats Up

Stagehands and other backstage workers have gone on strike against a prominent theater, and two..
Trump cambia su tono sobre reducir la inflación ante los precios altos Trump cambia su tono sobre reducir la inflación ante los precios altos

Como candidato, el presidente de Estados Unidos prometió reducir los costos el “primer día”. Su..
The Climate Fix: Africa’s Solar Revolution The Climate Fix: Africa’s Solar Revolution

In announcing a $35 billion program to bring inexpensive solar power to some 300 million Africans,..
Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On

Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced..
Powell Says There Is No ‘Hurry’ to Adjust Policy Stance Powell Says There Is No ‘Hurry’ to Adjust Policy Stance

Jerome H. Powell, the Fed chair, characterized policy settings as still “meaningfully restrictive,” ..
What to Watch at the Federal Reserve’s First Meeting of 2025 What to Watch at the Federal Reserve’s First Meeting of 2025

The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy..
Debanking, and the Diss Heard Around Davos Debanking, and the Diss Heard Around Davos

President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a..
Trump Lashes Out at Bank of America Over Treatment of Conservatives Trump Lashes Out at Bank of America Over Treatment of Conservatives

The president revived Republican criticisms over purportedly politically motivated “debanking,” or..
American Express to Pay $230 Million to Settle Deceptive Marketing Claims American Express to Pay $230 Million to Settle Deceptive Marketing Claims

The Justice Department said the company misrepresented its credit card rewards and fees and made..
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits ..
JP Morgan Names Jenn Piepszak C.O.O. Succeeding Daniel Pinto JP Morgan Names Jenn Piepszak C.O.O. Succeeding Daniel Pinto

Jennifer Piepszak will become chief operating officer of JPMorgan this summer, and signaled she..
How a Government Shutdown Could Affect the Economy How a Government Shutdown Could Affect the Economy

A short lapse in funding would probably do only modest damage. But it could send a troubling signal ..
Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

Stubborn inflation, tax rises and high interest rates makes it difficult for many to muster..
How Fed Rates Influence Mortgages, Credit Cards, Savings and More How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages,..
U.S. Transfers $20 Billion Loan to Ukraine Backed by Russian Assets U.S. Transfers $20 Billion Loan to Ukraine Backed by Russian Assets

The economic lifeline ensures that Ukraine will have economic support after President-elect Donald..
4 Canadian banks spent $1.3B on tech stack mergers in 2024 4 Canadian banks spent $1.3B on tech stack mergers in 2024

Royal Bank of Canada, TD Bank, National Bank Canada and Scotiabank spent close to CA$1.8 billion..
Valley Ventures invests in fintechs it can use Valley Ventures invests in fintechs it can use

Valley Ventures, the investment arm of Valley Bank, invests in fintechs that can be integrated into ..
Political Turmoil Adds to the Economic Woes of South Korea Political Turmoil Adds to the Economic Woes of South Korea

Even before a short-lived declaration of martial law thrust the country into crisis, the economy..
BMO builds on digital-first strategy BMO builds on digital-first strategy

Bank of Montreal continued to invest in modernization tapping data, analytics and AI.  “Across our..
The Biggest Takeaways From the DealBook Summit With Jeff Bezos, Sam Altman and More The Biggest Takeaways From the DealBook Summit With Jeff Bezos, Sam Altman and More

Trumponomics, inflation, artificial intelligence, the changing media landscape, and the Elon Musk..
RBC invests in AI for productivity, analytics RBC invests in AI for productivity, analytics

Royal Bank of Canada is prioritizing investments in technologies like AI and gen AI to improve..
Open banking: Decoding Section 1033 Open banking: Decoding Section 1033

Ten years in the making, the Consumer Financial Protection Bureau’s recently finalized open banking ..
FIs budget for next-gen MFA solutions for 2025 FIs budget for next-gen MFA solutions for 2025

Financial institutions concerned about cybercrime will be investing in next-generation multifactor..
COP29 Climate Talks in Baku, Azerbaijan, Are Teetering COP29 Climate Talks in Baku, Azerbaijan, Are Teetering

Western countries are confronting demands for trillions of dollars to fight climate change and to..
Transactions: Payhawk integrates with Mastercard Transactions: Payhawk integrates with Mastercard

Payhawk, which provides spend-management solutions, is integrating with Mastercard to offer..
Why Oil Companies Are Walking Back From Green Energy Why Oil Companies Are Walking Back From Green Energy

As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil..
NYSE President Lynn Martin: Fintech IPO spring looms NYSE President Lynn Martin: Fintech IPO spring looms

Fintech initial public offerings have declined in the past year as investors and companies adjust..
Harris Had a Wall Street-Approved Economic Pitch. It Fell Flat. Harris Had a Wall Street-Approved Economic Pitch. It Fell Flat.

The vice president vacillated on how to talk about the economy, and ended up adopting marginal..
Jerome Powell Dismisses Idea of Trump Firing Him Jerome Powell Dismisses Idea of Trump Firing Him

Jerome H. Powell, the chairman of the central bank, has been a frequent target of the..
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

Are you an international business titan on the hunt for billions of dollars of Saudi oil cash?..
Presidential election ‘24: Implications for AI in banking Presidential election ‘24: Implications for AI in banking

AI might be of importance in the financial services industry, but it doesn’t seem to be top of mind ..
Why Germany Is Resisting UniCredit’s Takeover of Commerzbank Why Germany Is Resisting UniCredit’s Takeover of Commerzbank

Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian..
Chase launches Customer Insights tool for 5M SMB clients Chase launches Customer Insights tool for 5M SMB clients

JPMorgan Chase is providing its Customer Insights tool to nearly 5 million small business clients,..
Core providers can help FIs prepare for open banking Core providers can help FIs prepare for open banking

Banks should look to their core providers to ensure they have the API frameworks to be compliant..
Russia Raises Interest Rate to 21 Percent, Its Highest in Decades Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators ..
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