Several major U.S. banks have announced plans to close more than 100 branches between Thanksgiving and January, according to ...

Global central banks own about 17 percent of all the gold ever mined, with reserves topping 36,699 metric tons (MT) at the ...

The closures of bank ... the world is only going to go more and more digital. Banks don't need as much space, so there's going to be more branch trimmings." A 2024 report by the Federal Reserve ...

Dakota Gold receives a "Hold" rating due to overbought shares and potential short-term price decline. Click here to read why I downgraded DC stock to a Hold.

Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.

Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...

Stress tests have come under scrutiny after the Silicon Valley Bank’s collapse in March 2023. In a post-mortem report, the Fed said it must strengthen the Federal Reserve’s supervision and ...

DAVOS, SWITZERLAND — The Federal Reserve now needs ... told Yahoo Finance at the World Economic Forum in Davos, Switzerland. Moynihan added: "We are not a central bank-led economy.

Under the leadership of Federal Reserve Chair Jay Powell, the United States’ central bank has repeatedly failed its objective to promote a strong American economy with stable prices and maximum ...

WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Friday it had ... fallen outside the Fed's statutory mandate. The central bank joined the group in 2020. The exit comes three days ...