Trump

A jump in provisions dragged down the Royal Bank of Canada's profits last quarter, prompted by the bank's fears of a potential tariff-driven recession.

Growth in consumer spending was revised down, but estimates for imports and business investment were raised.

According to a new survey from HSBC, 72% of American corporations have seen their operating costs increase due to the Trump administration's new tariffs.

The Supreme Court blocked a lower court injunction reinstating two Democrats who had been fired without cause from the National Labor Relations Board and Merit Systems Protection Board, explicitly holding that Federal Reserve Board members would not be affected by the case.

A pair of GOP-sponsored bills would modify three of the agency's major programs in hopes of making more capital available to manufacturers.

House Financial Services Committee ranking member Maxine Waters joined fellow Democrats in introducing a bill barring the president, vice president, members of Congress or their families from owning so much of a cryptocurrency that they are able to influence the market.

The multitrillion-dollar package would avert a year-end tax increase at the expense of adding to the U.S. debt burden.

President Donald Trump is making progress with tariffs and his tax and spending bill after a brief stumble earlier this month.

The Small Business Administration is implementing a freeze on new Community Advantage lenders, citing a surge in problem loans. The program grew during the previous administration as part of a push to expand the access that entrepreneurs who are members of disadvantaged groups have to capital.

The Consumer Financial Protection Bureau has withdrawn guidance that allowed states to bring enforcement actions broadly under federal consumer protection laws.