The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loan to a lower rate, ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

The caution comes amid growing headwinds for the crypto market, which may have reached the top of its cycle. Research firm ...

The higher-for-longer narrative returned with a vengeance Wednesday as new inflation data came in hotter than expected, and ...

The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial industry.

All investors need to know, though, is that inflation readings in January can be misleading. Prices rose sharply in January in each of the past three years, for instance, only for inflation to slow in ...

In absolute nominal terms, the amount of lending that big US banks have done to private capital firms has risen by about 30x, from about $10bn in 2013 to $300bn in 2023.

Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...

Are you ready to fight for the little agency that fights for us?” the Massachusetts Democrat told a crowd of about 300 CFPB ...