Nov. 1 (Bloomberg) -- The Federal Reserve said it will examine how the biggest banks might react to a jump in long-term interest rates and another housing crash as it released the next round of stress-test scenarios designed to monitor the ability of the U.S. financial system to withstand economic shocks.
The Fed said 12 additional banks will be subject to the capital review, joining 18 banks that have been previously tested. Peter Cook reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Clearview Energy Partners Co-Founder Kevin Book examines nuclear negotiations with Iran and if they will need another extension. He speaks with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)
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