Even banks think they live in a world of too much stress
The Federal Reserve guides interest rates and is one of several regulators of the nation’s banks. Now, the banking industry is suing over the way the Fed conducts its annual stress tests, which are designed to measure banks’ resilience in case of a bad financial shock. We’ll hear more. Plus, Yelp celebrates its 20th year, and the passion of soccer fans provides a lesson in behavioral economics.