Fed Signals No Imminent Rate Cuts Ahead

Fed Signals No Imminent Rate Cuts Ahead

Despite market expectations for imminent rate cuts, the Federal Reserve today confirmed its intent to leave interest rates at their current level. That marks the fourth straight pause on those rates, as inflation has continued to plague American consumers. Inflation...
NYC Sues FDIC for Overdue Signature Bank Taxes

NYC Sues FDIC for Overdue Signature Bank Taxes

New York City is suing the Federal Deposit Insurance Corporation (FDIC) over $44 million in overdue taxes Signature Bank taxes. According to Bloomberg, the suit was filed in a Manhattan federal court on Monday. The suit targets the FDIC in its role as the failed...