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A service for political professionals · Monday, May 19, 2025 · 813,869,867 Articles · 3+ Million Readers
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Bank of New York Co. News Monitoring

  • Published on May 16, 2025

    College grads face a ‘tough and competitive' job market this year, expert says

    College graduates are seeing higher level of unemployment this year compared to last.  Job postings are down at campus recruiting platform Handshake, while the number of applications has risen.  Experts advise staying positive, applying to smaller …

    Source: NBC Connecticut - Neutral
  • Published on May 16, 2025

    Central banks testing smart contract toolkit under BIS Project Pine

    Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi). According to a joint research study by the …

    Source: Coin Telegraph - Indeterminate
  • Published on May 16, 2025

    HELOCs soar back above 8%

    A big jump in HELOCs this week: The average rate on a $30,000 home equity line of credit rose 15 basis points to 8.14 percent, according to Bankrate’s national survey of lenders (affected by increases among Midwestern institutions in particular). Meanwhile …

    Source: Yahoo Finance - Center-left
  • Published on May 16, 2025

    Americans' credit card debt falls, but past-due student loans drag on credit scores

    Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday.However, the debt outlook for millions of student loan borrowers was much grimmer: Past-due student loans hit credit …

    Source: WAPT 16 - Mississippi - Neutral
  • Published on May 16, 2025

    The Good and Bad on the Economic Front Today

    There was a happy piece of data that came in first thing this morning. The Consumer Price Index (CPI) did another little round of moderation right as everyone was holding their breath, waiting for the worst of Liberation Day to start hitting. NOT SO FAST …

    Source: Hot Air - Right-wing
  • Published on May 16, 2025

    Tariffs Will Make Fed Late on Rates, Dudley Says

    Bill Dudley, Bloomberg Opinion columnist and a former president of the Federal Reserve Bank of New York, says the US-China tariff pause does not solve the Fed's problems. Dudley says the Fed needs more information and will likely be late on cutting …

    Source: Yahoo Finance - Center-left
  • Published on May 15, 2025

    Gold Trims Losses As Markets Await Fed Chair's Remarks

    Thu 15 May 2025 | 11:46 PM Gold prices in local and global markets trimmed losses during mid-day trading on Thursday, as the Ukraine-Russia talks collapsed, with markets awaiting the Fed Chair's remarks later in the day. Gold prices in local markets …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on May 15, 2025

    Life after Warren Buffett: other successful investors still in the game worth following

    It should have come as little surprise when Warren Buffett, 94, this month announced he is retiring as CEO of Berkshire Hathaway Inc (NYSE: BRK.A; NYSE: BRK.B). Still, the news made headlines around the world. For decades Buffett delivered outstanding …

    Source: The Motley Fool Australia - Neutral
  • Published on May 15, 2025

    Trading Day: Inflation - calm before the storm?

    By Jamie McGeever ORLANDO, Florida (Reuters) - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Softer bond yields cushion stocks Cooler inflation pressures in the shape of surprisingly soft U.S. economic …

    Source: Yahoo Finance - Center-left
  • Published on May 15, 2025

    Legal Notices 5-15-25

    LEGAL NOTICE Notice of Involuntary Vehicle Transfer: 2002 Buell X1 Lightning, VIN #4MZSS11J623200006. Involuntary transfer action filed in Erie County Court of Common Pleas, 140 West Sixth Street, Erie, PA 16501, Case #11069-25. Hearing: May 20, 2025, 8:15 …

    Source: Geauga County Maple Leaf - Ohio - Pending
  • Published on May 15, 2025

    Fed's Barr warns of long and lasting supply chain disruption

    High import costs could have an outsized impact on Main Street, a Federal Reserve official warned Thursday, adding that the hardships could have a long shelf life. Fed Gov. Michael Barr, in prepared remarks, said the new tariffs implemented by President …

    Source: Asset Securitization Report - Pending
  • Published on May 15, 2025

    Hannaford Supermarkets kicks off fundraiser to benefit food bank

    <div class="wp-block-fuel-fuelshortcode"><div class="single-clip shortcode-video"><div class="bitcentral-fuel-player-section"><div class="fule-video-section"><fuel-video plugin-version=…

    Source: WNYT - New York - Neutral
  • Published on May 15, 2025

    Credit card delinquencies rise: NY Fed

    Dive Brief: Credit card balances for the first quarter fell by $29 billion from the fourth quarter to $1.18 trillion, according to a quarterly report from The Federal Reserve Bank of New York’s Center for Microeconomic Data. Aggregate first-quarter credit …

    Source: Payments Dive - Pending
  • Published on May 15, 2025

    The College Economy: Educational Differences in Labor Market Outcomes

    Rajashri Chakrabarti, Thu Pham, Beckett Pierce, and Maxim Pinkovskiy It is intuitive that workers with higher levels of education tend to earn more than workers with less education. However, it is also true that workers with more education are much more …

    Source: Liberty Street Economics - Pending
  • Published on May 15, 2025

    Consumers Show Signs of Strain Amid Trump's Tariff Rollout

    The U.S. consumer has seemed unstoppable in recent years, spending throughout soaring inflation and the highest borrowing costs in decades. That resilience helped to keep at bay a recession that many thought inevitable after the pandemic. Consumer spending …

    Source: The New York Times - Neutral
  • Published on May 15, 2025

    New York Manufacturing Index Dips Further Into Negative Territory In May

    A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general business conditions index edged down to a negative 9.2 in May from a …

    Source: RTTNews - Neutral
  • Published on May 15, 2025

    Legal Aid Presents Justice Awards to Federal Home Loan Bank, Willkie Attorney

    The Legal Aid Society last week presented its Servant of Justice awards to Willkie Farr & Gallagher senior counsel Bart Schwartz for his extensive pro bono work and to the Federal Home Loan Bank of New York. For its 48th annual award gala, which was …

    Source: New York Law Journal - Pending
  • Published on May 15, 2025

    New York Manufacturing Index Edges Modestly Lower In May

    A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general business conditions index edged down to a negative 9.2 in May from a …

    Source: RTTNews - Neutral
  • Published on May 15, 2025

    NY Federal Reserve taps tokenized assets not CBDCs as future of finance

    The Federal Reserve Bank of New York, in collaboration with the BIS Innovation Hub Swiss Centre, has concluded that tokenized assets, not central bank digital currencies (CBDCs), may offer a viable future framework for monetary policy operations. This …

    Source: CryptoSlate - Neutral
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