Fed stands behind US banking sector no matter what the coronavirus demands, Quarles says

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Fed stands behind US banking sector no matter what the coronavirus demands, Quarles says

The Federal Reserve will protect the U.S. banking system from the coronavirus crisis with all of its financial firepower, the central bank’s top regulator said Monday. “We can only pledge to do what this moment demands,” said Randal Quarles, the Fed’s vice …
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Macy's reopens across Tampa Bay

The Westfield mall locations may still be closed, but its Macy’s department stores reopened Monday. Macy’s reopened seven locations in the greater Tampa Bay area, including the Westfield mall locations in Brandon, Clearwater and Citrus Park. The stores at …
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Some restaurants in Arizona reopen with virus restrictions

PHOENIX (AP) — Some restaurants in Arizona reopened for dine-in service Monday as Gov. Doug Ducey relaxed more measures aimed at slowing the spread of the coronavirus. From large chains to mom and pop eateries, restaurants were allowed to host …
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UPDATE 1-US SEC alleges accounting fraud at Florida direct lender TCA

(Updates details from SEC charges, adds background on firm). By Lawrence Delevingne. BOSTON, May 11 (Reuters) – The U.S. Securities and Exchange Commission on Monday lodged a civil complaint against Miami-area direct lending firm TCA Fund …
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Old Navy selling 5 face masks for $12.50

With coronavirus shutdowns lifting, more people are opting to wear face coverings when they go outside. Some places are even requiring masks. While there are a lot of options for face coverings, Old Navy has an online deal to help keep you safe and …
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