Itaú Unibanco has a strong balance sheet, with a Tier 1 common equity ratio of 13.7% as of September 2024. While management has said at times that the bank has been overcapitalized, we believe that ...

California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of ...

The local income tax rates in six of Indiana's 92 counties will ... Braun has proposed reverting residential property tax bills to their 2021 amount, regardless of any subsequent increase in ...

A list of programs nationally provide new mothers, parents with no-strings-attached cash payments. See how NY wants to use basic, guaranteed income.

Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...

The council voted Wednesday to endorse a $9 billion package of proposals that it estimates would provide financial support to more than 1.5 million families. The most impactful proposal, to expand and ...

global co-head and co-chief investment officer of fixed income and liquidity solutions for Goldman Sachs Asset Management. She added that “we expect the Fed to opt to skip a January rate cut ...

The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed's move comes before Donald Trump replaces Joe Biden as ...

The US Federal Reserve on Wednesday cut interest rates by a quarter point and signaled a slower pace of cuts ahead, triggering a sharp sell-off in the financial markets. Policymakers voted 11-to-1 ...

The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse repo facility by more than it cut the federal funds rate. The Fed said that ...

To get a handle on the situation, the Fed began hiking rates aggressively. Higher rates lead to less consumer borrowing and spending, translating into lower demand for goods and services.