Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance
The chair of the US Fed Board’s payments subcommittee, Christopher Waller, says he supports regulated stablecoins to help ...
Treasury Sought to Freeze Foreign Aid Payments, Emails Show
Trump administration appointees and allies of Elon Musk wanted to use the Treasury’s sensitive payment system to block ...
Trump Treasury secretary Scott Bessent relieves some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
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How Texas' unbanked population compares to the rest of the US
Where are Americans least likely to use a bank? Spokeo analyzed data from the FDIC to illustrate where banking is falling ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Bessent, in two interviews this week, said the Trump administration wants to focus on lowering long-term interest rates, which are largely influenced by the yield on the 10-year US Treasury note. The ...
Money blog: Pound falls as Bank of England deals major growth blow to chancellor
Almost two in five people have failed to scan at least one item when using self-checkouts, a survey has revealed. Also in Money today: Donald Trump's tariffs have wiped £200bn from the crypto markets ...
Rupee slumps 40 paise in a day, hits record low of 87.49/$
MUMBAI: The rupee fell to a record low of 87.49 on Wednesday before closing at 87.47, down 40 paise in a day, amid ...