Fed's Barkin Unsure Economy Can Recover All Jobs Lost in Pandemic
Richmond Fed President Thomas Barkin said changes in the economy could mean that some workers who left the job market during the pandemic won't return.
Dow Jumps 500 Points After Strong Earnings Reports
Stocks rallied after better-than-expected earnings, including from banks, that helped ease investor concerns about a slowdown in growth.
U.S., European Nations Claim Progress on Path to Removing Digital Taxes
The U.S. and five European countries have reached an agreement on how those countries' digital-service taxes would be withdrawn as a broader global tax agreement moves forward, French Finance Minister Bruno Le Maire said.
New York Fed Official: High Reverse Repo Usage Isn't a Problem
Daily cash inflows of well over a trillion dollars into a tool designed to help the Federal Reserve control short-term interest rates aren't a problem and will likely persist for some time, a top New York Fed staff member said.
Coinbase Pitches Blueprint for Special Crypto Regulator
Trading platform Coinbase, which has feuded with U.S. regulators in recent months, plans to publicly release a document with proposals for crypto regulation.
White House Ransomware Summit Eyes Tighter Global Scrutiny for Crypto
Officials from 31 countries and the EU say uneven enforcement allows hackers to cash in.
U.S. Crude Oil Inventories Surge as Refineries Hit the Brakes
Government data showed that U.S. crude-oil inventories rose 6.1 million barrels to 427 million barrels -- much more than expected last week as refinery activity declined sharply.
What Bank Earnings From JPMorgan, Bank of America Tell Us About the U.S. Economy
On Wall Street, M&A is on fire, but on Main Street, loan growth is muted. Here's what bank earnings reveal about the bigger picture.
SEC Revives Proposal to Claw Back Executive Pay
The Securities and Exchange Commission is working to implement a controversial rule proposed in 2015 that would force companies whose financial results contain errors to claw back some of their executives' incentive pay.
Bank of Mexico Minutes Show Heightened Inflation Concerns
Mexican central bankers focused on rising consumer prices and inflation expectations in deciding last month to raise interest rates for a third consecutive meeting, minutes of the meeting showed Thursday.
(END) Dow Jones Newswires
10-14-21 2115ET