Mortgage rates near 7% but expected to ease by December
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
SEC eyes repeal of rule allowing shareholder proposals
The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
CFPB director-designate Brian Johnson clears Senate Banking
Brian Johnson's nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
Pamela Heman
Phone:+1(816) 810-5001