The Federal Reserve had opted to maintain the target range for the federal funds rate at 3.5% to 3.75%. The central bank’s policy making Federal Open Market Committee (FOMC) cited a low level of job gains, elevated inflation and a “high level of uncertainty” due to...
The Senate Banking Committee voted 13-11 along party lines to advance the nomination of Kevin Warsh to become the next chairman of the Federal Reserve. Warsh’s nomination was in doubt when Sen. Thom Tillis (R-N.C.), who sits on the Senate Banking Committee, pledged to...
The Tampa Bay Rays demand $1 billion for their new stadium, two pairs of regional realtors’ groups merge, and starter homes lose their appeal. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 20-24. Miss: Cough Up $1...
The Department of Justice (DOJ) is dropping its efforts to investigate the Federal Reserve and its chairman, Jerome Powell, over cost overruns on the central bank’s headquarters. Sen. Thom Tillis (R-NC), a member of the Senate Banking Committee, vowed to block...
US Attorney Jeanine Pirro had declared her office will not drop its investigation into cost overruns at the Federal Reserve headquarters, even if it derails President Trump’s nomination of Kevin Warsh to replace Jerome Powell as the central bank’s chairman. Sen. Thom...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
