by Ken Chase | Mar 24, 2023 | Financial, News
Federal Reserve Chair Jerome Powell announced yet another interest rate hike during a press conference on Wednesday. That announcement has been largely credited for a drop in the Dow Jones, as stocks plunged by more than 500 points. Regional bank share prices helped...
by Ken Chase | Feb 27, 2023 | Financial, News
The United States Supreme Court has agreed to consider a case involving the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding structure. The justices confirmed on Monday that they will hear arguments when the court’s next term begins in...
by Ken Chase | Jan 26, 2023 | Banks, Financial
Several of the largest banks in the United States are under increasing pressure to eliminate financing for so-called “fossil fuel” projects, according to a new report from Bloomberg. A recent statement from the Interfaith Center on Corporate Responsibility demands...
by Brian Pillmore | Dec 9, 2022 | Banks, Business, Financial, News
By: Ken Chase U.S. financial firm Morgan Stanley eliminated about 1,600 of its more than 81,000 employees on Tuesday, a roughly 2% reduction in its workforce. According to reports, the cuts were broad-based and impacted nearly every area of the company except for the...
by Ken Chase | May 23, 2022 | Banks, Financial
By: Ken Chase. With the ongoing digital revolution in full swing, conversations about financial technology often gravitate toward the new upstart fintech companies that are actively disrupting the banking and payment industries. Many fintech fans have even predicted...
