President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Consumers and traders are waiting to learn if the Fed’s expected pause today is a one-meeting hold or the start of a longer stretch.
“The consumers are still spending, and our business clients are profitable and increasingly optimistic,” Bank of America CFO Alastair Borthwick said during a media call on Thursday preceding the Q4 earnings call. “Coupled with our fourth quarter return to operating leverage, we're entering 2025 with good momentum.”
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how President Donald Trump’s policies will affect the economy.
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U.S. Sen. Cynthia Lummis has been named the nation's first chair of the Digital Asset Subcommittee. Known for her expertise in cryptocurrency, one of
The Fed will outline a rate decision Wednesday. Due to evidence of a strong U.S. economy, interest rates are widely expected to be kept on hold. Focus will center on any accompanying hints about whether and when interest rates could be cut again.
Bank stocks made up one of the best-performing areas of the stock market in 2024. The financial sector, which mainly consists of banks, rose by more than 30%. For many investors, the best way to get bank stock exposure is through a low-cost ETF,
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head, Elon Musk, have targeted in order to cut spending.
We recently compiled a list of the 11 Best Stocks to Buy in Falling Markets Now. In this article, we are going to take a look at where Iridium Communications Inc.