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 ...

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" ...

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 ...

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 ...

January's Consumer Price Index rose +0.5%, pushing annual inflation to 3%, causing stock index futures to drop and Treasury ...

In data released on Wednesday, the U.S. consumer-price index for January came in hotter than expected. The index rose 0.5% for the month, pushing the annual headline rate of inflation to 3%. Meanwhile ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

The White House plans to nominate Jonathan McKernan, a former member of the Federal Deposit Insurance Corporation, as ...