Page 2 - From Sam News Today

Assistant Attorney General Jonathan Kanter’s overall way of dealing with antitrust enforcement has given Wall Street fits.

Big businesses and the banking lobbyists have been on the warpath against the divisive consumer finance watchdog for months claiming he exceeded his authority in a high-profile bid to cap credit card late fees at just $8.

The prospect that high rates will continue to weigh on indebted households and firms as the race heats up could undercut his message of optimism.

Yes, regional bank stocks are swooning. But don’t expect bank regulators to act unless they start to see deposits start to crumble.

The spread between one-month and three-month yields is the widest it’s ever been.

Goldman CEO David Solomon identified uncertainty over the debt limit as a potential source of volatility during the bank’s first-quarter earnings call Tuesday morning.

Escalating tensions between the U.S. and China will provide an uncomfortable backdrop to the meetings as policymakers grapple with economic uncertainty in the wake of stubborn inflation.

When businesses are growing, they’ll hire temporary workers to fill roles that could eventually become permanent positions.

A person familiar with the FDIC’s thinking said the issue was a legal requirement for the agency to pursue the option that would cost the deposit insurance fund the least.

Even after a year-plus of painful price increases, rising borrowing costs and a steady drumbeat of dire warnings about the state of the American economy, household finances are on relatively solid footing.