latest news in economy
Federal Reserve Proposes Regulatory Rules Revision as Non-Bank Lenders Gain Ground
Washington, Thursday, 15 October 2026.
Federal Reserve Vice Chair Michelle Bowman called for tailored banking regulations on October 14, 2026, highlighting that traditional banks’ mortgage market share fell to 35% amid rising non-bank competition.
US Wholesale Prices Jump 6.3% as Energy Costs Surge
Washington, Thursday, 15 October 2026.
United States wholesale prices rose 6.3% year-over-year in September 2026, marking the largest annual increase since December 2022 and significantly exceeding market forecasts. Driven primarily by a 10.8% surge in energy costs amid escalating Middle East conflicts, the Producer Price Index jumped 1.3% from the previous month. While core producer inflation—which excludes volatile food and energy—gained a milder 0.5%, the elevated headline figure underscores persistent upstream price pressures across American supply chains. This unexpected acceleration complicates the Federal Reserve’s upcoming policy decisions, increasing the likelihood that interest rates will remain elevated to curb broader economic inflation.
Federal Reserve Reorganizes Oversight System After Review Uncovers Missed Warnings
Washington, Thursday, 15 October 2026.
Regulators knew of Silicon Valley Bank’s major risks nine months before its collapse but failed to act, prompting the Federal Reserve to completely restructure its banking oversight.
America Accelerates Push to Break China's Monopoly on Critical Minerals
Washington, Thursday, 15 October 2026.
Facing Chinese export controls, the United States is deploying billions in public funding and innovative financing models to rapidly build domestic critical mineral supply chains and secure defense needs.
Why Popular New Investment Funds Are Restricting Everyday Investors From Withdrawing Cash
Washington, Wednesday, 14 October 2026.
Federal Reserve research shows semiliquid funds surged to $388 billion, but rising retail withdrawals are triggering withdrawal caps, exposing serious liquidity risks in private market investments.