Federal Reserve policymakers are set to convene on Tuesday for the start of a crucial two-day meeting to determine the trajectory of the nation’s interest rate policy. Following a notable rate hike last month, the central bank is now widely expected to pause and hold off on any further monetary adjustments during this session. The […]
Fusion energy startup Helion has been awarded $175 million in federal funding to research, develop, and manufacture advanced semiconductors and power electronics destined for its commercial fusion power plants, the company announced on Thursday. The three-year award was granted by the Department of Commerce under the CHIPS Act, a bipartisan legislative framework designed to bolster […]
WASHINGTON — In a formal regulatory development affecting the banking sector in the Midwest, the Federal Reserve Board announced on Friday the execution of a new enforcement action involving Ontario Bancorporation, Inc., located in Ontario, Wisconsin. The announcement, released to the public and financial markets at 11:00 a.m. Eastern Daylight Time on October 2, 2026, […]
October 02, 2026 For release at 4:45 p.m. EDT The Federal Reserve Board announced on Friday its official approval of the application submitted by Fleur Capital Corporation to acquire Simmesport State Bank. Both financial institutions are headquartered in Simmesport, Louisiana, positioning this corporate transaction as a significant domestic development within the state’s regional banking sector. […]
The federal government has set its sights on supercharging the manufactured housing sector as a key strategy to drive down the surging cost of living and tackle the nation’s ongoing housing affordability crisis. By encouraging new design innovations, modern construction techniques, and streamlined financing, policymakers hope to make homeownership attainable for a broader segment of […]
WASHINGTON — The Federal Reserve on Wednesday officially released the detailed minutes from the Federal Open Market Committee meeting that was held earlier in the autumn, specifically on September 15 and 16, 2026. The publication of these minutes provides financial markets, economists, businesses, and the general public with a comprehensive look into the deliberations, economic […]
WASHINGTON — The Federal Reserve Board on Tuesday officially released the comprehensive minutes from its recent series of meetings held to review, evaluate, and determine the discount rates provided to depository institutions through the central bank’s primary credit facility, commonly known as the discount window. The newly published documents provide a detailed public record of […]
WASHINGTON — In a significant regulatory development for the Midwest banking sector, the Federal Reserve Board announced on Friday the complete termination of all active enforcement actions against Gardner Bancshares, Inc. and its subsidiary, Small Business Bank, both headquartered in Lenexa, Kansas. The announcement, released at 11:00 a.m. EDT on October 16, 2026, marks a […]