Real-time Financial News

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2024-11-16 Saturday

  • 01:32:56

    White House: The FDIC will continue to monitor the banking sector.

  • 01:32:36

    White House: We have the necessary tools to keep the banking system safe.

  • 01:30:52

    Former U.S. Treasury Secretary Mnuchin: Now is the time to solve the banking crisis, and we need bipartisan legislation.

  • 01:30:24

    White House: President Joe Biden will make it clear that it depends on the actions of Congress.

  • 01:29:49

    White House: President Joe Biden will make it clear to congressional leaders that he will not negotiate the debt ceiling.

  • 01:26:30

    US White House: Deployment of Defense Department personnel at the border is common practice.

  • 01:26:23

    White House: Defense Department personnel sent to Mexico border to perform administrative tasks.

  • 01:25:49

    U.S. Department of Homeland Security: Has asked the Department of Defense to send an additional 1,500 personnel to the southwest border within 90 days.

  • 01:25:07

    The Fed accepted a total of $2.267 trillion from 102 counterparties in fixed-rate reverse repurchase operations.

  • 01:22:00

    White House: Congress should suspend the debt ceiling unconditionally given the time constraints.

  • 01:21:19

    White House: President Biden will discuss starting a separate budget process during a meeting with congressional leaders.

  • 01:20:52

    White House: Threats of possible default and possible economic collapse are dangerous.

  • 01:19:57

    White House: Latest debt ceiling forecast should be a wake-up call for Congress.

  • 01:19:24

    Former U.S. Treasury Secretary Mnuchin: We will soon see inflation return to the range of 3%-4%.

  • 01:19:05

    Wells Fargo CEO: We expect slower economic growth due to Fed rate hikes.

  • 01:18:18

    U.S. natural gas futures extended losses, falling 5%.

  • 01:17:51

    Former U.S. Treasury Secretary Mnuchin: We have experienced a long period of loose monetary policy.

  • 01:17:32

    Oil prices in the United States and Burundi fell nearly $4.00 in the day, and are now reported at $71.72/barrel and $75.31/barrel respectively, an intraday drop of about 5.0%.

  • 01:16:00

    Former U.S. Treasury Secretary Mnuchin: The Fed raised interest rates late, and then raised them too quickly.

  • 01:15:27

    Wells Fargo CEO: Inflation is coming down slowly.

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