by Ken Chase | Dec 21, 2023 | Financial, News
The State of Tennessee confirmed that it has filed a consumer protection suit against Blackrock, Inc. In a statement released on Monday, state Attorney General Jonathan Skrmetti accused Blackrock of misleading Tennessee’s citizens about its investment...
by Ken Chase | Dec 21, 2023 | Market, News
Last week, the Federal Reserve decided to maintain its current interest rate posture. Fed Chair Jerome Powell told the press that the central bank is likely done raising rates. In addition, he said that officials had explored the topic of rate reductions in their...
by Ken Chase | Dec 14, 2023 | Banks, News
A new report from CNBC highlights ongoing concerns about mortgage pricing discrimination throughout the banking industry. The reported discrimination was unveiled by a Consumer Financial Protection Bureau (CFPB) probe into the industry. Notably, the review suggested...
by Ken Chase | Dec 7, 2023 | Market, News
Federal Reserve Chairman Jerome Powell seems to have dismissed any consideration of interest rate cuts any time soon. Powell made the remarks during a speech to an audience in Atlanta late last week. According to the Fed Chair, the Federal Open Market Committee...
by Ken Chase | Dec 2, 2023 | Financial, News
Though some experts have downplayed continued inflation, a new survey suggests that consumers may have other expectations. The most recent University of Michigan Surveys of Consumers found that respondents expect accelerating inflation in the future. Why would...