Divided Fed proposes rule to ease capital necessities for large Wall Road banks

Divided Fed proposes rule to ease capital necessities for large Wall Road banks

Chairman of the US Federal Reserve Jerome Powell speaks alongside Michelle Bowman (L), Board Vice Chair for Supervision, Lisa Cook (2nd R), Board Governor, and Adriana Kugler (R), Board Governor, as he chairs a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building … Read more

India strikes to faucet its uncommon earth reserves. Can it ease reliance on China?

India strikes to faucet its uncommon earth reserves. Can it ease reliance on China?

Indian Rare Earths extracts rare earth elements from beach sands in Kerala, India. Pallava Bagla | Corbis News | Getty Images India, like many countries, is facing China’s restrictions on rare earth exports — and it wants to develop its own domestic supplies. Experts say it could become an important alternative to China for partners … Read more