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NEW YORK (Reuters) -Large U.S. banks expressed optimism about the investment banking outlook for the rest of the year after ...
Large bank earnings also came in mixed or lower, forcing investor sentiment slightly lower.
(NEW YORK) -- Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald Trump's tariff policy took hold and some retailers warned they ...
The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.
The Consumer Price Index (CPI) for June came in hotter than May's report as the first signs of Trump's tariffs appeared in ...
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...
Total revenue grew 0.6% to $20.82 billion to top the FactSet consensus of $20.75 billion. That snapped a three-quarter streak of quarterly top-line misses, as growth in the consumer and commercial ...
Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...
The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital.
Born out of necessity, stablecoins were the first widely adopted tokenized assets. At a time when blockchains lacked a ...