Americans are still battling with the higher pries caused by inflation. The Federal Reserve's job is to help curb that inflation, but these levels haven't been seen in quite some time. Truist Chief Market Strategist Keith Lerner joins Yahoo Finance to discuss how the central bank still has work to do to accomplish its mission Lerner explains that the Fed has been forced to shift their strategy, saying "this is the first time they've [the Federal Reserve] had to deal with inflation for over 20 years, they're going to be much more gradual in shift in their position, we saw that reflected in the statement from yesterday." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
(Bloomberg) -- Goldman Sachs Group Inc. agreed to pay a $6 million fine on Friday for sending inaccurate or incomplete trading data to the Securities and Exchange Commission covering at least 163 million transactions over a decade. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Sp
The settled charges over Goldman's failure to provide complete and accurate trading data information known as "blue sheet data" mark the latest effort by the SEC to penalize Wall Street firms for failing to comply with core record-keeping and compliance rules. "Blue sheet data is vital to the Commission’s ability to carry out its enforcement and regulatory functions and to protect investors and maintain market integrity," said Thomas Smith Jr., an official with the SEC's New York office.