Treasury Secretary Janet Yellen warned Thursday that financial regulations may have become too loose, potentially putting the U.S. financial system at risk. What Happened: Speaking at the National Association for Business Economics 39th Annual Economic Policy Conference, Yellen highlighted the importance of financial stability and the need for continued progress in ensuring it.
The U.S. dollar fell to a 1-week low against the euro on Thursday as German inflation data helped lift the common currency and as concerns over the banking sector receded. Inflation eased significantly in Germany in March on the back of lower energy prices but was above forecasts, adding pressure on the European Central Bank to further tighten its monetary policy.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth.
By Sinéad Carew. Stock indexes rose and the dollar declined on Thursday on easing fears about banking sector troubles, encouraging economic signs from the chip industry and rising oil prices.
Three Federal Reserve officials kept the door open on Thursday to more rate rises aimed at lowering high levels of inflation, with two noting banking sector problems could generate enough headwinds on the economy to help cool price pressures faster than expected.
Digital technologies are expected to play a significant role in transforming agricultural production in what is being called the fourth agricultural revolution. Digitalization is increasingly viewed as a game-changer in the agriculture sector and cannabis is essentially the same as traditional agriculture.
Fitch: * FITCH: RECENT BANKING SECTOR TURMOIL COULD SPEED UP TIGHTENING OF REGULATIONS FOR US LARGE REGIONAL BANKS. * FITCH: PERMANENT WRITE-DOWN OF CS'S AT1S BEFORE FULL LOSS ABSORPTION BY SHAREHOLDERS DOESN'T APPEAR TO BE LIKELY TO BE REPEATED BY OTHER MAJOR REGULATORS.
The ongoing banking crisis could bring even more difficulties for cannabis businesses struggling to find balance in an already chaotic banking environment. For years, the conundrum of accessing banking services has been a cause of uncertainty for cannabis companies operating legally on a state level but illegally at the federal level.
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. Heritage Financial saw an increase in earnings per share from 0.59 in Q3 to $0.64 now.
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