The Federal Reserve has raised rates rapidly. But instead of cracking, some data point to an economy that’s thriving.
Category: Banking and Financial Institutions
The Blurred Lines Between Goldman C.E.O.’s Day Job and His D.J. Gig
David Solomon brushes off D.J.ing as a minor hobby that has little to do with his work at the bank, but his activities may pose potential conflicts of interest.
Wall St. Is Counting on a Debt Limit Trick That Could Entail Trouble
If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
Lawyers for FTX have identified cash and digital assets that would go toward repaying customers and lenders of the collapsed exchange.
Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from the Federal Reserve’s December meeting showed.
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.