Rate cuts further dimmed with positive employment report
The Bureau of Labor Statistics Friday reported that the economy added 172,000 jobs in May and revised March and April's employment upward, making the Federal Reserve less likely to cut interest rates to support the labor market in the near term.
UWM offers Two Harbors tweaks amid falling stock
Given the recent decline in UWM's stock price, it is likely Two Harbor's shareholders will choose cash, meaning the deal is no longer a positive, KBW said.
Senate Dems introduce bill to fully restore CFPB funding
All 11 Democrats on the Senate Banking Committee are backing a bill that would restore and lock in funding for the Consumer Financial Protection Bureau.
Pamela Heman
Phone:+1(816) 810-5001