WASHINGTON (Reuters) -The Federal Reserve's top regulatory official suggested on Tuesday that central bank staff should be permitted to own small amounts of crypto products, arguing experience would better inform their work policing activities in those financial markets. Fed Vice Chair for Supervision Michelle Bowman said easing restrictions on staff investments may also help recruit and retain expert bank examiners,...

NEW YORK (Reuters) -Investors expect Walmart's management to strike a cautious tone on customer demand as the U.S. labor market cools and inflation ticks up, though the company has outperformed its peers over the last year due to its reliance on grocery sales and wealthier customers shopping there more often. Still, analysts say this environment is a sweet spot for...

(Reuters) -A U.S. appeals court on Tuesday agreed with Elon Musk's SpaceX and two other companies that the U.S. National Labor Relations Board's structure is likely unlawful and blocked the agency from pursuing cases against them. The ruling by the New Orleans-based 5th U.S. Circuit Court of Appeals is the first by an appeals court to find that a law...

02:31 PM EDT, 08/19/2025 (MT Newswires) -- Housing starts rose by 5.2% to a 1.428 million annual rate in July, with single-family housing starts and multi-family starts both higher. Building permits fell by 2.8% to a 1.354 million rate in July. Single-family permits increased, offset by a decline in multi-family permits. Homes permitted but not started decreased by 2.6%, suggesting...