The lawsuit that could kill Wall Street’s industry regulator

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The lawsuit that could kill Wall Street’s industry regulator
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Weekly jobless claims and the Philadelphia Fed manufacturing survey will be released at 8:30 a.m.

of the Fed’s July meeting show that most central bank policymakers are still worried that there could be a resurgence in inflation that would require them to further raise borrowing costs. But they also cited a list of green shoots, such as lower online prices, smaller markups by companies, and decelerating rises in rent.”among central bank officials over the need for additional rate hikes, wrote Reuters’s Saeed Azhar and Noel Randewich.

Still, 60 percent of those surveyed described their financial situation as either excellent or good.

, after months of anticipation from industry and advocacy groups. The proposal marked one of the most ambitious attempts ever to set up new rules around the private fund industry, though it was met with broad concern. —Our Josh Sisco reports that EQT, the largest U.S. natural gas producer, reached a deal with the Federal Trade Commission to close its acquisition of a private equity-backed rival.

, but under a broader statute barring unfair methods of competition designed to cover conduct outside the antitrust laws.”

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