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US Treasury's Yellen says Congress should act on nonbank mortgage sector
Reuters· 3 days agoU.S. Treasury Secretary Janet Yellen on Friday called for Congress to give regulators more power to...
The U.S. will triple its chip manufacturing in less than a decade, report says
Quartz· 5 days agoThe multi-billion dollar effort to bring chip manufacturing back to the U.S. is projected to boost...
Doubts Over Intervention After Yellen Remarks Spur Weak Yen Bets
Bloomberg· 6 days agoThe yen weakened as US calls for caution on intervention added to expectations that the currency...
Biden is pouring money into the 'digital twins' of AI chips
Quartz· 7 days agoThe Biden administration is looking for proposals from companies that can establish and operate an...
Nonbank Mortgage Companies Pose Financial Stability Risks, Yellen Says
Bloomberg· 3 days agoNonbank mortgage companies, which increasingly dominate the sector, pose unique risks and...
Senator Warren chides US Treasury for slow progress in tackling racial discrimination
Reuters· 3 days agoIn a letter dated May 9, Warren told Treasury Secretary Janet Yellen she was concerned that many...
What Will Happen When Central Banks Master Artificial Intelligence ?
Forbes· 3 days agoWhen central banks fall down, they often call other central bankers to help out. The Riksbank asked...
5 Things To Know In Investing This Week: The Everybody Shut Up Issue
Benzinga· 5 days agoThe Federal Reserve completed its May meeting and kept rates unchanged. The Bank of Japan intervened...
Zillow: US rents climbed 1.5 times faster than wages in past four years
Waterloo-Cedar Falls Courier· 4 days agoRents in most major U.S. metropolitan areas have risen about 1½½ times faster than wages in the past...
China's exports and imports return to growth, signalling demand recovery
Reuters· 4 days agoChina's exports and imports returned to growth in April after contracting in the previous month,...