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Tag: Federal Reserve

Michael Barr Confirmed as Federal Reserve Vice Chair for SupervisionExecutive Moves

Michael Barr Confirmed as Federal Reserve Vice Chair for Supervision

The Senate on Wednesday confirmed Michael Barr, a law professor and a former Department of Treasury official, to serve as
BofA Crypto Strategists See Possibility of US Central Bank Digital CurrencyNews

BofA Crypto Strategists See Possibility of US Central Bank Digital Currency

Bank of America’s global crypto and digital asset specialists forecast that the U.S. could advance and introduce a central bank
US Eyes Central Bank Digital Currency Creation, Global Crypto Regulations In FluxIndustry News

US Eyes Central Bank Digital Currency Creation, Global Crypto Regulations In Flux

The conversation surrounding cryptocurrency and other digital assets has gained new context in the U.S. federal government following the release of a
Report: Pandemic-Related Economic Risk Remains HighNews

Report: Pandemic-Related Economic Risk Remains High

A new Federal Reserve report has reiterated the impact of the coronavirus pandemic on the country's financial system and warned…
March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike ChatterFinancial Report

March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also
February 22 Market Close: GovCon Index Flat, S&P 500 Dips After Fed MinutesFinancial Report

February 22 Market Close: GovCon Index Flat, S&P 500 Dips After Fed Minutes

Executive Mosaic’s GovCon Index held flat as the U.S. stock bellwether S&P 500 composite index traded narrowly lower Wednesday after the most
February 14 Market Close: GovCon Index Lifted By McKesson Surge, US Stocks Set New Record Highs on Apple & BanksNews

February 14 Market Close: GovCon Index Lifted By McKesson Surge, US Stocks Set New Record Highs on Apple & Banks

Executive Mosaic’s GovCon Index hit a new all-time record close Tuesday on a strong performance from blue chip stock McKesson Corp. (NYSE: MCK)
January 18 Market Close: GovCon Index Higher,  US Stocks Mixed After Fed Chair SpeechFinancial Report

January 18 Market Close: GovCon Index Higher, US Stocks Mixed After Fed Chair Speech

Executive Mosaic’s GovCon Index traded higher Wednesday on help from its large-cap components against mixed U.S. stock movements as investors awaited Federal Reserve chair Janet Yellen’s
December 15 Market Close: GovCon Index Ends 3-Day Slide on HII & Services GainsFinancial Report

December 15 Market Close: GovCon Index Ends 3-Day Slide on HII & Services Gains

Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries
December 14 Market Close: GovCon Index,  US Stocks Turn Lower After Rate Hike AnnouncementFinancial Report

December 14 Market Close: GovCon Index, US Stocks Turn Lower After Rate Hike Announcement

Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index