U.S.

Fed’s SVB review points to tougher bank regulation Fallback Image Decorative pattern

Industry

Fed’s SVB review points to tougher bank regulation

Moody's says prudential requirements and supervision are likely to be stiffened

By James Langton |May 1, 2023

2 min read

CI Financial sells stake in Boston-based RIA Congress Fallback Image Decorative pattern

Industry

CI Financial sells stake in Boston-based RIA Congress

Toronto-based firm said it would use proceeds from the sale to pay down debt

By Rudy Mezzetta |April 27, 2023

1 min read

U.S. economy grew at weak 1.1% rate in Q1 U.S. economy grew at weak 1.1% rate in Q1

Economic Indicators

U.S. economy grew at weak 1.1% rate in Q1

Slowdown reflects impact of Federal Reserve's aggressive drive to tame inflation

By Paul Wiseman, The Associated Press |April 27, 2023

4 min read

U.S. consumer confidence falls for 3rd time in 4 months Fallback Image Decorative pattern

Economic Indicators

U.S. consumer confidence falls for 3rd time in 4 months

Consumer spending has remained strong despite the Federal Reserve raising interest rates nine straight times

By Matt Ott, The Associated Press |April 25, 2023

2 min read