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US Treasury's Yellen says Congress should act on nonbank mortgage sector
Reuters· 5 hours agoU.S. Treasury Secretary Janet Yellen on Friday called for Congress to give regulators more power to...
Nonbank Mortgage Companies Pose Financial Stability Risks, Yellen Says
Bloomberg· 6 hours 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· 4 hours agoIn a letter dated May 9, Warren told Treasury Secretary Janet Yellen she was concerned that many...
Yellen Counsels Caution on Currency Intervention After Yen Surge
Bloomberg· 6 days agoUS Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even...
The U.S. will triple its chip manufacturing in less than a decade, report says
Quartz· 2 days agoThe multi-billion dollar effort to bring chip manufacturing back to the U.S. is projected to boost...
What Will Happen When Central Banks Master Artificial Intelligence ?
Forbes· 20 hours agoWhen central banks fall down, they often call other central bankers to help out. The Riksbank asked...
Zillow: US rents climbed 1.5 times faster than wages in past four years
The Daily News· 2 days agoRents in most major U.S. metropolitan areas have risen about 1½½ times faster than wages in the past...
China could be hit with new U.S. tariffs on EVs and semiconductors as soon as next week
Quartz· 13 hours agoThe United States is reportedly set to hit China with a series of new tariffs targeting strategic...
Yellen About Yen: The Bloomberg Open, Asia Edition
Bloomberg· 5 days agoGood morning. Treasury chief comments on the yen’s spikes. Xi starts his European tour. And a famous horserace has an exciting finish.
United Bankshares to buy Piedmont Bancorp in $267 million deal
Reuters· 12 hours ago, opens new tab has agreed to buy smaller rival Piedmont Bancorp in a deal valued at about $267 million, the lenders said on Friday, amid growing consolidation in the U.S. regional banking industry ...