News

US + Canada headlines.

headlines + excerpts

HSBC CEO warns the AI boom won’t make every data center a good bet
Data center campuses house the servers that power AI and cloud computing.
2026-10-20
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The world’s finance chiefs see new risks — and less China angst
Debt, AI and Ukraine dominated the conversation at the IMF-World Bank meetings in Bangkok, while China, the focus in 2018, slipped into the background.
2026-10-20
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Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank
Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank
2026-10-16
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U.S. presses China on Mastercard, Citigroup market access in bilateral Bangkok talks, official says
The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official says.
2026-10-16
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China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration
European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.
2026-10-15
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China's exports and imports surge past expectations in September
The country's customs agency released September trade data on Wednesday.
2026-10-14
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Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026
Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026
2026-10-13
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Goldman says investors are looking for 'profitable' Chinese business growth overseas
Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.
2026-10-13
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Williams says Fed may not have to hike rates in 2027, at odds with traders
New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.
2026-10-13
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JPMorgan Chase blocks outside AI agents like Muse, Instinct from directly accessing accounts
JPMorgan Chase CEO Jamie Dimon warned of rogue agents operating at scale and said the bank is building defensive tools.
2026-10-13
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Visa gets Beijing's green light for bank card business after 40 years of working with China
The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.
2026-10-13
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Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack
The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
2026-10-13
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