'This isn't some random dude with a duffel bag': To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical companies, the latest step in a renewed attempt to crack down on the multibillion-dollar fentanyl trade that kills thousands of Americans each year.
2023-08-05 19:18
Fed seen sticking to current policy rate through year end
The Federal Reserve is seen as less likely to lift its policy rate any further this year than
2023-08-04 20:53
Banks keep up high use of new Fed lending program after spring turmoil
By Ann Saphir Months after a string of bank failures sent shockwaves through the global banking industry, U.S.
2023-08-04 06:56
Many small US banks not ready to borrow from Fed in an emergency
By Ann Saphir The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some
2023-08-02 18:26
Fed's Goolsbee says he is a 'closet' inflation optimist
By Ann Saphir The U.S. central bank is on track to bring down inflation without triggering a major
2023-08-02 01:52
US banks report tighter credit, weaker loan demand -Fed survey
By Ann Saphir (Reuters) -U.S. banks reported tighter credit standards and weaker loan demand from both businesses and consumers during
2023-08-01 03:26
Clock on the Fed's 'soft landing' may already be ticking
By Howard Schneider WASHINGTON Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the
2023-07-31 18:28
The case for a soft landing is slowly but surely building
After months of uncertainty about the economy's health and whether bank stresses from this past spring would weigh too heavily on credit conditions, the possibility of the Federal Reserve pulling off a soft landing is looking brighter.
2023-07-30 19:54
Fed's 'discount window' should be part of bank contingency plans -regulators
By Hannah Lang U.S. banks should incorporate the Federal Reserve's emergency lending facility known as the "discount window"
2023-07-29 03:47
Endgame for Fed's tightening cycle challenged by easing financial conditions
By Michael S. Derby Less tight financial conditions as exhibited by the red-hot stock market may increase the
2023-07-29 02:16
Elizabeth Warren and Lindsey Graham want a new agency to regulate tech
Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech.
2023-07-27 20:18
Analysis-US bond investors brace for shift in market as rate peak elusive
By Davide Barbuscia and David Randall NEW YORK U.S. bond investors were gauging how to navigate a prolonged
2023-07-27 13:22