Tag Archives: SOFR

Financial Daily Dose 12.10.2019 | Top Story: Remembering Influential Former Fed Chair Paul Volcker

BY: Michael D. Reif | December 10, 2019

Some remembrances upon the passing of influential former Fed Chair Paul Volcker, a force in American economic policy for nearly 60 years who led “the Federal Reserve’s brute-force campaign to subdue inflation in the late 1970s and early ‘80s” – NYTimes and WSJ and Bloomberg and MarketWatch and Marketplace Antivirus software company McAfee LLC is … Continue reading

Financial Daily Dose 5.21.2019 | Top Story: FCC Approves T-Mobile/Sprint Merger

BY: Michael D. Reif | May 21, 2019

FCC Chair Ajit Pai gave his agency’s stamp of approval to the pending $26 billion T-Mobile/Sprint merger on Monday, helping move the deal towards completion based on pledges from the companies to develop “a robust 5G network and sell off Boost Mobile, a Sprint-owned service produce that sells prepaid services” – NYTimes and WSJ and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 12, 2019

The Fed made news when it backed off of its plan to keep regular rate hikes going in 2019, and the decision has done far more than just make Wall Street happy for a day.  Here’s a look at how the financial world has reacted to the Fed’s new tack – NYTimes Because economic data … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 24, 2018

The results are in, and Comcast has bested Fox in the quest for British satellite broadcaster Sky with a final bid of roughly $39 billion in the unusual 3-round auction overseen by the UK’s Takeover Panel. The result must be an unimaginably bitter pill for Rupert Murdoch—who’s had his eye on the Sky prize for … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 17, 2018

The White House has chosen Columbia University economist Richard Clarida as Fed Vice Chair—the number 2 spot at the central bank. Clarida is a “monetary policy scholar” and former Bush II administration Treasury official – NYTimes and WSJ and Bloomberg The Administration is looking into “opening a new front” on its trade offensive against China … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 26, 2018

A look at the some of the losers—cities, mostly—in Amazon’s recent move to start collecting sales taxes in more states. The problem? While Amazon now collects sales taxes in every state that has one, it’s collection deals with those states don’t always extend to taxes assessed by local governments, leaving a bunch of them high … Continue reading