from the New York Fed
The Federal Reserve is responsible for the prudential supervision of bank holding companies (BHCs) on a consolidated basis, as well as of certain other financial institutions operating in the United States. Prudential supervision involves monitoring and oversight of these firms to assess whether they are in compliance with law and regulation and whether they are engaged in unsafe or unsound practices, as well as ensuring that firms are taking corrective actions to address such practices.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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by Daniel Parsons, The Conversation
Building our own copy of Mars in the laboratory was hard work. We had to shift 15 tonnes of sand to create a swimming-pool-sized model of the red planet. But the effort was well worth it as our experiments shed light on a much-debated issue: the origin of ancient water on the planet. The model suggests water erupted from large subsurface lakes creating enormous volcano-like eruptions.
Infographic Of The Day: Can Smartwatches Become The Future Of Wearable Technology?
Following the release of the Apple Watch, 2015 looks more than ever to be the year that smartwatches reach a mainstream audience. Watches traditionally have been worn for fashion as well as practicality and the latest generation from tech manufacturers are looking to try to bridge that gap for the first time.
FOREX NEWS by DailyForex
Investors, speculating that interest rates in the United States are likely to rise higher this year, helped to push the U.S. Dollar to a multi-year peak versus the Japanese Yen.
The totally anonymous “numbered Swiss bank account” much beloved by authors of crime fiction as the ultimate repository for hiding one’s ill-gotten gains may itself, have its days numbered.
Australia released its business capital expenditure (CAPEX) report Thursday and it wasn’t promising.
The US Dollar eased back versus the Japanese Yen and the Euro after a short bout of investor profit taking which came in the wake of improved US data. That economic data had gone a long way to help restore some waning confidence in the greenback.
It is fairly certain that Shakespeare’s Romeo was not thinking of Britain’s wished for changes in her relationship with the European Union, but the fact remains that the UK is saying very little about what it wants to change before a planned “in/out” referendum to be held before the end of 2017.
by Andre Spicer, The Conversation
'If you ain't cheating, you ain't trying' were the words of one trader working in the foreign exchange market. They belie an attitude that was widespread among traders in this market between 2009 and 2013. Cheating was simply a normal part of a trader's day job. In fact, not cheating would be to shirk your duties.
Investing.com Technical Analysis (as of Thu, 28 May 2015 05:00pm EST)
by Investing.com Staff, Investing.com
Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 28 May 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
28May2015 Market Close: Markets Close Down, But Higher Than Morning Lows, A Greek Default Worries In
Total Fed Balance Sheet:
Fed's Balance Sheet week ending balance sheet was $4,425 trillion..