Bank Earnings Start as Lower Rate Impact Debated

Published on October 11, 2024

After the Fed's 50-basis-point rate cut, big banks kick off earnings season amid fears that lower rates could hurt the net-interest income that propelled growth the last two years.

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Securing the Soft Landing

October 11, 2024
In the wake of pandemic shocks, economies appear more “normal” than at any time since 2019. Yet policy rates remain elevated.

Federal judge orders CSX Transportation reinstatement, $453K payment for pair of employees illegally terminated after raising safety concerns in 2017

October 11, 2024
ATLANTA – A federal administrative law judge has ruled that CSX Transportation Inc., a subsidiary of one of the nation’s largest transportation companies, must pay a total of $453,510 to two railroad workers who were wrongfully terminated for exercising their federally protected rights to report workplace safety concerns. The company must also reinstate the workers. The decision by the U.S. Depart