Page 5 - Anna Driver News Today

Banks are finally signing up for a U.S. Federal Reserve funding backstop that has been lying nearly dormant for more than two years, putting them in a stronger position to deal with any stress. The Standing Repo Facility allows banks to borrow emergency overnight cash from the Fed through a repurchase agreement, or repo, using Treasury and agency mortgage securities as collateral. Firms that act as the New York Fed's trading counterparties, called primary dealers, have access, but other b...

A hawkish Federal Reserve is narrowing the window on trades that some U.S. regional banks have been hoping to use to reduce their commercial real estate exposure, investors, analysts and lawyers...

A hawkish Federal Reserve is narrowing the window on trades that some U.S. regional banks have been hoping to use to reduce their commercial real estate exposure, investors, analysts and lawyers said. Banks, particularly small regional and community banks, have looked to trim their outsized exposure to CRE on rising default risks after a post-pandemic social behavior change led to an increase in office vacancies and sharp drop in property valuations. Since the bank collapses last March, some r...

Illinois farmer Dan Henebry regrets not selling more of his corn crop last summer, when the Midwest needed rain and prices were high. Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.

For nearly a year, U.S. natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an oil byproduct...

The Biden administration is turning up the heat on Chinas top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for...

By Arathy Somasekhar BRIDGEPORT, Texas (Reuters) - For nearly a year, U.S. natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an oil byproduct have u...

The Biden administration and automakers are in the final stages of negotiating over ambitious new rules to accelerate the electric-vehicle transition that could cost Detroits automakers billions and...

The Biden administration and automakers are in the final stages of negotiating over ambitious new rules to accelerate the electric-vehicle transition that could cost Detroit's automakers billions and fuel an election-year clash over climate policy. The White House could enact proposed Environmental Protection Agency regulations as soon as March that would mandate dramatic reductions in tailpipe emissions. The administration proposal would require boosting U.S. EV market share to 67% by 20...

COVID-19 changed the trajectory of Lucy Trieshmann's budding legal career. Lockdowns in March 2020 meant classes went online, and before long Trieshmann hit a groove attending from home, eventually landing an American Civil Liberties Union fellowship that featured working remotely. "I was able to appear in housing court in New York on behalf of clients and have the energy for them because they were remote," said Trieshmann, who uses she/they pronouns.