Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Blacks still pay more than others for home ownership – MIT study
NEW YORK (Reuters) - African Americans still pay more than any other group to own a home, a disparity that over 30 years contributes to roughly half the current $130,000 gap between Blacks and whites ...
Oct 07, 2020
U.S. consumer watchdog rescinds ban on mortgage marketing deals
By Michelle Price WASHINGTON (Reuters) - The U.S. consumer watchdog said on Wednesday it was rescinding guidance that had effectively banned joint marketing agreements between mortgage lenders, realto...
Oct 07, 2020
Fed’s Evans says Fed won’t follow strict formula for timing liftoff
(Reuters) - The U.S. central bank will likely need to keep monetary policy easy for some time after 2023 in order to meet its inflation goal, even once it begins raising interest rates, a top Federal ...
Oct 07, 2020
Citigroup fined by U.S. regulators for ‘longstanding deficiencies’
WASHINGTON (Reuters) - A pair of U.S. bank regulators ordered Citigroup Inc to clean up "several longstanding deficiencies" in a new enforcement order against the bank. The order, from the Federal Res...
Oct 07, 2020
Fed’s Williams says moderate inflation overshoot acts as guardrail
(Reuters) - The Federal Reserve's new pledge to keep interest rates at zero until inflation is on track to "moderately" exceed 2% has come under fire for being overly vague and leaving too much up to ...
Oct 07, 2020
Arm exec says ‘firewalls’ will protect customer info after Nvidia deal
By Stephen Nellis (Reuters) - If Nvidia Corp buys Arm Ltd from SoftBank Group Corp , Arm will keep "firewalls" in place to ensure the data center chip company does not access confidential information ...
Oct 07, 2020
Microsoft takes action to resolve 365 services accessibility issues
(Reuters) - Microsoft Corp said on Wednesday a change it had made recently could have caused accessibility issues with multiple 365 services, including Teams and Outlook, and that the U.S. software ma...
Oct 07, 2020
Scathing congressional report suggests big trouble for Big Tech if Biden wins
By Nandita Bose WASHINGTON (Reuters) - A scathing report detailing abuses of market power by four top technology companies suggests a tough road ahead of new rules and stricter enforcement for Big Tec...
Oct 07, 2020
U.S. indicts six more chicken executives over alleged price fixing
CHICAGO (Reuters) - The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, expanding antitrust prosecutions in its probe of the $65 billion poultry sector, ac...
Oct 07, 2020
Senator Warren asks big U.S. banks for details on pandemic performance
By Pete Schroeder WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren is asking large U.S. banks to disclose how they performed under a recent Federal Reserve exam of their finances during the corona...
Oct 07, 2020
