Financial Services

Fed proposes streamlining annual stress tests for banks

Apr 10, 2018

Federal Reserve proposes streamlining annual stress tests for nation's biggest banks

Under Trump, a voice for the American consumer goes silent

Apr 10, 2018

Enforcement actions, once a crucial tool of the Consumer Financial Protection Bureau to provide relief to American consumers, have come to a halt under acting director Mick Mulvaney.

Greece: Post-bailout plan could ease lenders dispute

Apr 10, 2018

Greek Finance Minister Euclid Tsakalotos says debt relief plans being negotiated with bailout creditors could resolve long-standing differences between European lenders and the International Monetary Fund

California bill would create health care price controls

Apr 10, 2018

California's government would set prices for health care services under a measure in the state Assembly

Major banking group sides with Senate in Dodd-Frank overhaul

Apr 9, 2018

Leading banking groups are calling on House leaders to accept Senate-passed legislation easing financial rules adopted after the 2008 economic crisis

Get Started: Surveys shows owners are optimistic, cautious

Apr 9, 2018

Small business owners are very optimistic, but that isn't motivating them to sharply increase their hiring. That's the finding of a survey released last week by financial services company Capital One

Powell says Fed expects to stick with gradual rate hikes

Apr 6, 2018

Fed Chairman Powell says central bank expects to keep raising rates at gradual pace

Judge lets Blue Cross Blue Shield antitrust suit move ahead

Apr 6, 2018

A court is allowing antitrust litigation against health insurer Blue Cross Blue Shield to move forward

ECB seeks EU court ruling on Latvian central bank governor

Apr 6, 2018

The European Central Bank has asked the EU's top court to decide whether Latvian authorities breached the law by preventing the head of Latvia's central bank from doing his job while he is investigated for suspected corruption

Mulvaney gives big pay bumps to his hires at consumer agency

Apr 5, 2018

Documents obtained by The Associated Press show that President Donald Trump's appointee to oversee the Consumer Financial Protection Bureau has given big pay raises to the deputies he hired to help him run the bureau

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