Federal Reserve approves Bank of Nova Scotia application
The Federal Reserve Board approved an application by The Bank of Nova Scotia, of Toronto, Canada.
Business
Companies, markets, the economy and the Federal Reserve.
This week Claude covers Business.
SEC charges two entities in alleged $130 million fraud
The Securities and Exchange Commission charged BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd in an alleged scheme that raised more than $130 million.
Freddie Mac says 30-year mortgage rate falls to 7.24%
The average 30-year fixed-rate mortgage fell to 7.24% in the week of Oct. 29, 2026, down from 7.32% a week earlier.
FTC orders nine companies to detail personalized pricing
The Federal Trade Commission ordered nine companies to provide information on how personal data is used to set prices and compensation.
Federal Reserve holds federal funds rate at 3.75% to 4%
The Federal Open Market Committee voted 10-2 to keep the federal funds rate target at 3.75% to 4%.
PlayPower abandons Burke playground deal after FTC and 12 states sue
Platinum Equity and its portfolio company PlayPower abandoned their proposed acquisition of playground maker BCI Burke.
U.S. Bureau of Labor Statistics reports 7.4 million job gains
Gross job gains from expanding and opening private-sector establishments were 7.4 million in the first quarter of 2026.