US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...

Trump administration threw one of the nation’s banking regulators into turmoil. In their Wednesday letter, which was earlier reported by The Wall Street Journal, Sen. Elizabeth Warren (D., Mass.) and ...

The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.

Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...

Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...

Financial news is always awash in numbers, but there’s one figure that’s almost always more important than anything else: the ...

In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks could also improve the functioning of the all-important U.S. Treasury ...

In the midst of numerous dismissals and resignations at the Bureau this week, President Trump has nominated Jonathan McKernan ...

U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

Kraft Heinz ( KHC) is close to a 52-week low after it reported a 4.6% decline in sales during Q4. Organic sales fell -3.1% ...

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...