Citing potential fraud, banks are making it increasingly difficult to pay out savings bonds. An unlikely beneficiary is the federal government.
Tag: Banking and Financial Institutions
-
Stocks Slip as Strong Jobs Report Pushes Bond Yields Higher
The report for September showed surprising strength in the economy, but that strength has become a cause for concern among investors.
-
Jobs Gains Surge, Troubling News for the Federal Reserve
Federal Reserve officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.
-
A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
-
Supreme Court Skeptical in That Could Hobble Consumer Watchdog
The justices heard a challenge to the way Congress funded the Consumer Financial Protection Bureau but seemed persuaded that it was constitutional.