A federal appeals court on
Wednesday delivered a blow to the Consumer Financial Protection Bureau, ruling
Congress ran afoul of the Constitution when it delegated its financial
authority to an executive agency. The CFPB gets funding directly from the
Federal Reserve, not through Congress’ appropriations, which runs afoul of the
separation of powers, a…
CHICAGO – The Federal Reserve is likely to keep pumping up interest rates until they hit 5%, said Christina Romer during this morning's LIMRA economic update.
The best investment over the next year might be betting on the odds of a recession occurring, because while many economists are saying it is likely, two Bloomberg analysts saying they are 100% sure of it happening by next October.
WASHINGTON – Bipartisan model legislation proposed at the National Council of Insurance Legislators (NCOIL) Summer Meeting would help workers across…
The U.S. Department of Health and Human Services, through the Centers for Medicare & Medicaid Services, is spending $98.9 million
Monetary policy around the world is changing as many central banks are attempting to tighten financial conditions in order to control rampant inflation. As illustrated below, negative-yielding sovereign debt has seen a nearly 10-fold decline across the globe.
The Federal Reserve looks likely to raise its funds rate yet again in November despite a growing chorus for the central bank to stop as the strong dollar and unrelenting inflation inflict harm in the United States and around the world.
