![]() ![]() ![]() 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.īank of Mexico Minutes Show Heightened Inflation Concerns SEC Revives Proposal to Claw Back Executive Pay Here's what bank earnings reveal about the bigger picture. #RANSOMWARE SUMMIT EYES TIGHTER SCRUTINY SERIES#On Wall Street, M&A is on fire, but on Main Street, loan growth is muted. The United States has been hit, especially in the first half of 2021, by a series of ransomware atta Washington has called about 30 nations together Wednesday and Thursday to boost the international fight against ransomware, a senior White House official said, noting that Russia was not invited. What Bank Earnings From JPMorgan, Bank of America Tell Us About the 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. Crude Oil Inventories Surge as Refineries Hit the Brakes Officials from 31 countries and the EU say uneven enforcement allows hackers to cash in. White House Ransomware Summit Eyes Tighter Global Scrutiny for Crypto regulators in recent months, plans to publicly release a document with proposals for crypto regulation. Trading platform Coinbase, which has feuded with U.S. The two sides had said they expected to meet for four to five hours but spent less than three hours together.(AP: Denis Balibouse/Pool Photo) A touch of clear-eyed humility marks a decent starting. New York Fed Official: High Reverse Repo Usage Isn't a Problemĭaily 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.Ĭoinbase Pitches Blueprint for Special Crypto Regulator and five European countries have reached an agreement on how those countries' digital-service taxes would be withdrawn as a broader global tax agreement moves forward, French Finance Minister Bruno Le Maire said. U.S., European Nations Claim Progress on Path to Removing Digital Taxes Stocks rallied after better-than-expected earnings, including from banks, that helped ease investor concerns about a slowdown in growth. 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.ĭow Jumps 500 Points After Strong Earnings Reports Fed's Barkin Unsure Economy Can Recover All Jobs Lost in Pandemic ![]()
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