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Stories published on May 16
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  • Stories published on May 16

Thursday, May 16

20

US proposes ending new federal leases in nation's biggest coal region

www.startribune.com

The Biden administration on Thursday proposed an end to new coal leasing from federal reserves in the most productive coal mining region in the U.S. as officials seek to limit climate-changing greenhouse gas emissions from burning the fuel.

US proposes ending new federal leases in nation's biggest coal region

www.independent.co.uk

The Biden administration has proposed an end to new coal leasing from federal reserves in the most productive coal mining region of the U.S. The move announced Thursday would limit future climate-changing greenhouse gas emissions from…

US proposes ending new federal leases in nation’s biggest coal region

wtop.com

BILLINGS, Mont. (AP) — The Biden administration on Thursday proposed an end to new coal leasing from federal reserves in…

06

Marjorie Taylor Greene Ally Thomas Massie Polls X Users On Whether He Should Introduce A Bill To Abolish The Federal Reserve — Receives Overwhelming Support

www.benzinga.com

Rep. Thomas Massie (R-Ky.), is seeking public opinion on whether he should propose a bill to abolish the Federal Reserve. The majority of his followers on X, formerly Twitter, voted in favor of the move.

Wednesday, May 15

16

Inflation eases to 3.4% in boost for the Federal Reserve

www.cbsnews.com

The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.

15

Federal Reserve Chair Admits His Confidence Is Rattled as Wholesale Inflation Unexpectedly Surges

Federal Reserve Chairman Jerome Powell said Tuesday that his confidence has weakened that inflation is under control.

Monday, May 13

18

07

Worries Over Nigeria’s Large Drawdowns On FX Reserves

independent.ng

LAGOS – Analysts have expressed apprehension that debt service payments accounted for 69.7% of total Central Bank of Nigeria (CBN) international payments in Q1-24, which caused huge drawdowns on the FX reserves witnessed in the near-recent…

06

Elon Musk Compares Working Of Federal Reserve To Rules Of Board Game Monopoly: 'The Bank Never Goes Bankrupt'

www.benzinga.com

Elon Musk has drawn an intriguing comparison between the Federal Reserve and the rules of the game Monopoly, suggesting that the Federal Reserve operates in a similar manner to the game's bankruptcy rules.

Sunday, May 12

14

Saturday, May 11

02

Former Federal Reserve Bank of Dallas Chief Rejoins Goldman Sachs

dallasinnovates.com

Dallas Innovates, Every Day: Here's what's new + next in North Texas.

Thursday, May 9

20

Quantitative Tightening Becomes a Trap for the Federal Reserve

www.wsj.com

Now that the central bank has transformed the financial system, novel policies are hard to scrap.

Wednesday, May 8

18

India News | SC Reserves Orders on Maintainability of WB's Plea Challenging CBI Probing Cases Without Its Consent

www.latestly.com

Get latest articles and stories on India at LatestLY. During the hearing, West Bengal told the bench that such a situation where the CBI is investigating the cases without State's consent would be in derogation of the federal nature of…

06

Federal Reserve Official Admits Biden’s Illegal Immigration Crisis is Raising Mortgage Rates for Americans

Joe Biden’s illegal immigration crisis is creating serious financial hardships for American citizens in the form of higher mortgage rates, according to the Federal Reserve chairman of Minnesota.

01

Federal Reserve president says rate cuts may not come in 2024

www.foxbusiness.com

Minneapolis Federal Reserve President Neel Kashkari said that interest rates may remain elevated for an "extended period" this year until policymakers see more evidence of inflation declining.

Tuesday, May 7

00

Federal Reserve’s Delay in Cutting Rates Seen Posing Risks for Commercial Property Lenders

www.costar.com

Some Lenders Extend Troubled Loans To Buy Time Until Rate Cuts To Refinance at Lower Costs

Monday, May 6

16

Sunday, May 5

08

How FG, NGX’s Dollar bond’ll stabilise FX market, reserves –Yusuf, Unegbu, others

newtelegraphng.com

PAUL OGBUOKIRI reports that the plan by Federal Government and the Nigerian Exchange Limited (NGX) to issue Dollar denominated bond is exciting to some Nigerians. The move is to shore up Nigeria’s foreign reserve (FX) and stabilise the…

Friday, May 3

14

Thursday, May 2

23

Gold prices edge up amid pending Federal policy

On Wednesday, Gold prices rose slightly to $2,288 during the Asian trading session. The uptick was influenced by global investors’ caution regarding the Federal Reserve’s policy meeting and upcoming key economic indicators.