Bradley Keoun covers markets and finance for TheStreet.
A former reporter and editor for Bloomberg News in New York and Mexico City, he covered the financial crisis of 2008 and has written about U.S. banks, the energy industry and emerging markets.
Keoun, who previously worked for the Gainesville (Fla.) Sun and Chicago Tribune, has a master's in journalism from the University of Florida and a bachelor's in electrical engineering from Duke University. You can reach him at firstname.lastname@example.org and follow him on Twitter @liqquidity.
Activity in the U.S. manufacturing sector increased faster than expected last month, a new report shows, as the economy continues to give off mixed data signals.
U.S. retail sales unexpectedly slipped by 0.2% in February on a seasonally adjusted basis, in a sign that consumers might be cutting back as the economic stimulus fades from President Donald Trump's late-2017 tax cuts.
New home sales in the U.S. totaled 667,000 in February, up from a revised 636,000 in January, the Census Bureau reports. The gain was bigger than projected by economists, who had estimated February sales at 620,000.
The Federal Reserve's preferred inflation gauge rises 0.1% in January, leaving consumer prices up 1.8% over the past year. That pace represents a slowdown from the December rate of 2%, and may help to reinforce the central bank's case that there's little need for concern at the moment about runaway consumer prices.
The retirement of Wells Fargo chief executive Tim Sloan could help give the scandal-plagued bank a clean slate after sanctions from regulators, attacks from lawmakers and growing shareholder dismay.
Randal Quarles, the Federal Reserve's vice chair for supervision, says regulators need to be vigilant about new risks from lenders that operate outside of the strictest banking-industry rules - as well as from the increasing push by technology companies into lending and asset management.
JPMorgan Chase, the biggest U.S. bank, is eliminating hundreds of workers after an annual review of staffing levels in its asset- and wealth-management division.
The Commerce Department's Bureau of Economic Analysis says gross domestic product grew at a 2.2% clip in the fourth quarter of 2018, below the initially reported 2.6%.
DepositAccounts.com, which tracks the savings industry, says in a new report that banks are increasing early withdrawal penalties on certificates of deposit, making it harder for savers to exit and reinvest in higher-paying products as interest rates rise.
New York state isn't waiting for federal regulators to develop a comprehensive set of rules governing trading in cryptocurrencies such as Bitcoin. Instead, according to a press release, the state is helping to 'advance' the 'thriving' market - with a new license for Tagomi Trading.
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