NEW YORK (Reuters) - The full suite of tariffs sought by the Trump administration would have created notable upward pressure ...

The Australian share market is expected to rise on Friday. On Wall Street, stocks gained on the latest US inflation data ...

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

Giulia joined Newsweek in 2022 from CGTN Europe and had previously worked at the European Central Bank. She is a graduate ... Despite recent rate cuts by the Federal Reserve, mortgage rates ...

One of Minnesota's biggest bank mergers in years will happen this year when the previously announced Old National Bancorp ...

Banking "deserts"—neighborhoods or areas with no bank branches nearby—are on the rise across the country, according to a recent report by the Federal Reserve of Philadelphia. Between 2019 and ...

Federal Reserve's quantitative tightening impacts inflation, interest rates, and economic growth. Read more on the ...

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.

As Elon Musk's government efficiency group races ahead with its agenda to pare down federal government bureaucracy and hold ...

Federal Reserve Chair Jerome Powell has over the years steadfastly defended the central bank's independence. Most recently, he underlined at a New York Times event in December that insulating the ...

The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.