
The Fed’s Big Conflict of Interest
Fed governor Michelle Bowman, who has been nominated to head the division of bank supervision at the Federal Reserve, has a much more difficult task …
Related storyboards
More stories from Finance
Home Depot struggles to reverse concerning customer behavior
The home improvement retailer is suffering from a trend that continues to grow legs. Home Depot (HD) continues to experience a major consumer trend …
Why the bond market is so worried about the ‘Big, Beautiful Bill’
CNN — The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday. The 20-year bond auction conducted by the US Treasury on Wednesday afternoon was unusually weak: Demand for …
- Alan Nishiharaflipped into ALAN NISHIHARA
Historic college suffers financial collapse after bankruptcy
It's a sad end for a school with such a meaningful history. For those of us who attended college, there's often a feeling of pride and nostalgia …
Join the flipboard community
Discover, collect, and share stories for all your interests
Sign upMore stories from Interest Rates
Why the bond market is barfing
Around the world, investors are sending a clear-as-glass signal: After years of profligate debt issuance, the world's major economies are now facing …
- The Atlanticflipped into All Stories
The Largest Upward Transfer of Wealth in American History
House Republicans voted to advance a bill that would offer lavish tax cuts for the rich while slashing benefits for the poor. House Republicans worked through the night to advance a massive piece of legislation that might, if enacted, carry out the largest upward transfer of wealth in American …
- The Washington Postflipped into Business
Trump’s tax bill plan adds to federal debt, prompting investor backlash
Rising bond yields could eventually mean higher borrowing costs for consumers. Investor unease over President Donald Trump’s economic program drove the government’s borrowing costs to their highest level in nearly two decades, following House approval of tax legislation that is expected to add …