by Katherine Hyunjung Lee | Jun 29, 2017 | Business & Tech, Featured
WASHINGTON — The recent reduction in China’s credit rating by Moody’s Investors Ratings should not be blown out of proportion because the country still has time to implement key reforms, a top Moody’s official said Wednesday. “We think China’s credit strength will...
![Monetary policy specialists weigh in on Fed’s past effectiveness and future role]()
by Hannah Levitt | Jun 29, 2017 | Business & Tech
WASHINGTON — The Federal Reserve’s policies to encourage recovery from the 2008 financial crash helped the rich but not average Americans, which shows the need for more accountability for the Fed, several experts from conservative think tanks told a House...
by Eric Englert | Jun 29, 2017 | Business & Tech
BLOOMINGTON, Ill. – The Illinois Soybean Association, through a research grant from its association dues, is supporting Mexican tuna ranchers in pursuit of the perfect soy-based tuna meal and possibly inaugurating a new, long-term export base for Illinois...
![Banks have enough consumer trust to move into emerging payment technology, experts say]()
by Hannah Levitt | Jun 28, 2017 | Business & Tech
WASHINGTON – Banks should be able to take advantage of consumer trust in their institutions and products to capitalize on emerging payment technologies, according to specialists at the American Banking Association Payments Forum on Friday. Karen Webster, CEO and...
![Dodd-Frank Rollback Could Hurt Resilience of Clearing Houses, Experts Say]()
by Eric Englert | Jun 28, 2017 | Business & Tech
WASHINGTON- Federal Reserve and Treasury Department officials as well as clearing house executives said Tuesday that clearing houses are better able to manage risk in futures contracts because of the Dodd-Frank Act and cautioned against a rollback of the financial...
by Hannah Levitt | Jun 28, 2017 | Business & Tech
WASHINGTON – Banking experts disagree over how best to regulate financial technology to minimize risk while fostering fair competition for banks and fintech businesses. Kathleen Oldenborg, director of payments systems risk policy at the Office of the Comptroller...
