By Earl Wright, Fox Business, March 28, 2023 The federal response to the ongoing banking crisis may end up having a big impact on the nation’s smallest banks that bear no responsibility for the … [Read more...] about OPINION: Don’t let Silicon Valley Bank’s financial catastrophe spill over to these crucial banks
Federal Reserve
‘Just getting by’: Inflation squeezing Las Vegas residents, businesses
By Sean Hemmersmeier, Las Vegas Review-Journal, March 17, 2023 Las Vegas resident Michael McCarthy used to visit casinos about five times a month, but now it’s down to once a month for one reason — … [Read more...] about ‘Just getting by’: Inflation squeezing Las Vegas residents, businesses
The Coming Tax Revenue Reckoning
Politicians aren’t ready as signs point to budget trouble ahead. by The Wall Street Journal Editorial Board, December 18, 2022 The federal and state governments have had a good pandemic, … [Read more...] about The Coming Tax Revenue Reckoning
Mortgage Rates Rise for Fifth Week in a Row, Hitting 6.29%
Rate on a 30-year fixed mortgage is at its highest level since October 2008 by Charley Grant, The Wall Street Journal, September 22, 2022 Mortgage rates rose for the fifth consecutive week, … [Read more...] about Mortgage Rates Rise for Fifth Week in a Row, Hitting 6.29%
Inflation Hits Fresh Four-Decade High, According to Fed's Preferred Measure
Consumer prices rose 6.8% in June from a year earlier, as measured by the Commerce Department’s personal-consumption expenditures price index. Photo: Brandon Bell/Getty Images by Gwynn Guilford, The … [Read more...] about Inflation Hits Fresh Four-Decade High, According to Fed's Preferred Measure