2024 Second Quarter (Revised) Productivity and Costs — 2024-09-05
Nonfarm business sector labor productivity increased 2.5 percent in the second quarter of 2024, the U.S. Bureau of Labor Statistics reported today…
Investing
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SEC Charges Former Finance Director at CIRCOR International with Accounting Fraud
The Securities and Exchange Commission today announced fraud charges against Nicholas Bowerman, a former finance director of CIRCOR International Inc., a formerly…
Investing
Remarks by Secretary of the Treasury Janet L. Yellen in Raleigh, North Carolina
As Prepared for DeliveryI am glad to be here in North Carolina with Governor Cooper, Congresswoman Ross, and Congressman Nickel at Wake…
Investing
Job Openings and Labor Turnover Survey News Release - 2024 M07 Results — 2024-09-04
The number of job openings was little changed at 7.7 million on the last business day of July, the U.S. Bureau of…
Banking
OCC Hosts Minority Depository Institutions Advisory Committee Meeting September 24 — 2024-09-04
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions…
Investing
SEC Charges Broker-Dealer Nationwide Planning and Two Affiliated Investment Advisers with Violating Whistleblower Protection Rule
The Securities and Exchange Commission today announced settled charges against three affiliated registrants, Commission-registered broker-dealer Nationwide Planning Associates, Inc. and investment adviser…
Investing
Remarks by Deputy Assistant Secretary for Financial Institutions Policy Jeanette Quick at the 2024 AAPISTRONG Annual Conference
As Prepared for DeliveryGood afternoon, thank you for inviting me here today. My name is Jeanette Quick, and I am the Deputy…
Investing
Treasury Takes Action as Part of a U.S. Government Response to Russia’s Foreign Malign Influence Operations
The United States takes action to defend and protect U.S. election institutions and processes from Moscow’s attempts to influence the 2024 Presidential…
Investing
U.S. Department of the Treasury Announces Maryland Will Join IRS Direct File for Filing Season 2025
More Than 700,000 Marylanders Eligible to Use Free Tax Filing Tool Next Year Made Possible by President Biden’s Inflation Reduction ActWASHINGTON –…
Banking
OCC Releases CRA Evaluations for 17 National Banks and Federal Savings Associations — 2024-09-03
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became…
Stocks
SEC Charges Six Credit Rating Agencies with Significant Recordkeeping Failures
The Securities and Exchange Commission today announced charges against six nationally recognized statistical rating organizations, or NRSROs, for significant failures by the…
Stocks
SEC Charges Advisory Firm ClearPath with Custody Rule and Liability Disclaimer Violations
The Securities and Exchange Commission today announced settled charges against ClearPath Capital Partners LLC for failing to comply with requirements related to…
Stocks
SEC Charges Creative Legal Fundings CEO Maria Dickerson with Operating Multimillion Dollar Ponzi Scheme that Targeted Filipino-American Community
The Securities and Exchange Commission today charged Maria Dulce Pino Dickerson and her companies Creative Legal Fundings in CA and The Ubiquity…
Crypto
SEC Charges Crypto-Focused Advisory Firm Galois Capital for Custody Failures
The Securities and Exchange Commission today announced settled charges against Florida-based Galois Capital Management LLC, a former registered investment adviser for a…
Investing
U.S. Department of the Treasury Releases New Report Highlighting $3.5 Billion in Clean Energy Investments in Low-Income Communities
New report reveals more than 49,000 solar facilities awarded bonus credits in the first year of groundbreaking Inflation Reduction Act program; investments…
Investing
New U.S. Department of the Treasury Analysis Shows Growth of Small Business and Entrepreneurship During the Biden-Harris Administration
Small businesses have created over 70 percent of net new jobs since 2019, and the United States is averaging 430,000 new business…
Investing
Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2023
Washington – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2023 were released today and…
Investing
U.S. Department of the Treasury Issues Proposed Rules to Expand Clean Energy Investments in Underserved Communities
*Proposed regulations would apply bonus credit to additional clean energy technologies for projects in low-income communities. *WASHINGTON – Today, the U.S. Department…
Investing
2023–2033 Economic and Employment Projections — 2024-08-29
The U.S. economy is projected to add 6.7 million jobs from 2023 to 2033, the U.S. Bureau of Labor Statistics (BLS) reported…
Investing
2021–23 Worker Displacement — 2024-08-29
From January 2021 through December 2023, there were 2.6 million workers displaced from jobs they had held for at least 3 years…
Banking
Acting Comptroller Issues Statement Promoting Accountability at the FDIC — 2024-08-29
WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement in support of his vote on a Federal Deposit…
Banking
OCC Issues Fourth Quarter 2024 and First Quarter 2025 CRA Evaluation Schedule — 2024-08-29
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted…
Investing
Metropolitan Area Employment and Unemployment (Monthly) News Release - 2024 M07 Results — 2024-08-28
Unemployment rates were higher in July than a year earlier in 350 of the 389 metropolitan areas, lower in 22 areas, and…
Banking
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company — 2024-08-28 [2024-19382]
The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the…