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Wednesday Headlines: Fed’s credibility at stake as Trump ratchets up pressure for further cuts
By Matt Stichnoth,
CNBC.com: The Fed’s credibility is at stake as it looks to cut rates under pressure from a vocal president
New York Times: For Big Banks, It’s an Endless Fight With Hackers
CNBC.com: Jamie Dimon’s worst fears for the banking industry realized with Capital One data hack
Financial Times: Capital One data breach sparks cloud security fears
Bloomberg: GE Raises Outlook for Earnings and Cash Flow
Financial Times: Private equity group Carlyle to abandon partnership status
Wall Street Journal: Capital One Hack Hits the Reputation of a Tech-Savvy Bank
Businessweek: To Fix Its Housing Crunch, One U.S. City Takes Aim at the Single-Family Home