Lawmakers aim to train more truck drivers, ease supply chain issues through bipartisan bill
WASHINGTON — A pair of bipartisan lawmakers have reintroduced legislation offering tax credits to U.S. truck drivers in an effort…
Paying more and earning less: How inflation disproportionately hurts women
There’s one group of people that’s being disproportionately hurt by high inflation: women. The relentless rise in prices hurts women…
Sen. Elizabeth Warren says she wants to make banking boring again
Sen. Elizabeth Warren wants banking to be “boring” again following the failures of Silicon Valley Bank and Signature Bank. “What…
It’s the U.S., not Europe’s banking system that’s a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…
‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says
The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and…
Biden calls for stricter banking regulations in the wake of SVB, Signature Bank failures
WASHINGTON — President Joe Biden on Thursday urged federal regulators to take up a set of reforms to safeguard the…
Senate Democrats led by Elizabeth Warren press federal bank regulators to implement stronger capital requirements
WASHINGTON — Senate Democrats are pressing federal banking regulators to toughen bank capital requirements following back-to-back congressional hearings where officials…
U.S.-China tech rivalry will continue to put Chinese firms under intense scrutiny
Chinese companies will continue to face intense scrutiny as U.S.-China tensions and competition won’t be easing anytime soon, one analyst…
Fed’s Barr calls Silicon Valley Bank failure a ‘textbook case of mismanagement’
The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement,…
