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The Wall Street Journal: Regulators Seize Troubled Philadelphia Bank, Republic First

The Wall Street Journal, April 26, 2024, Regulators Seize Troubled Philadelphia Bank, Republic First Republic First faced some of the same problems as the three regional banks that failed last year: paper losses on bonds that lost value as interest rates rose, and high proportions of uninsured deposits that can quickly flee.  In the first […]

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Business Insider: 2 States Where Home Prices Are Falling Because There Are Too Many Houses And Not Enough Buyers

Business Insider, April 26, 2024, 2 States Where Home Prices Are Falling Because There Are Too Many Houses And Not Enough Buyers Cape Coral and North Port, Florida, saw the country’s biggest surge in homes for sale, with volumes up about 50% from a year ago in March. The number of homes also jumped 25%

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Better Data Needed To Dismantle The ‘Model Minority’ Myth About Asian Americans: Race, Jobs and the Economy April 2024 Update

As we celebrate AAPI Heritage Month, it’s important to understand how data flaws in the BLS jobs report fuel the “model minority myth.”

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NCRC Statement: “Huge Step Forward” In New FDIC Merger Review Proposal

The Federal Deposit Insurance Corporation (FDIC) on Thursday proposed changes to its merger review practices. Jesse Van Tol, President and CEO of NCRC, released the following statement: “The FDIC’s proposal is a huge step forward. In particular, it recognizes that the regulators obligation is to assess public benefit in a forward-looking way, not just rely

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