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 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.
The higher-for-longer narrative returned with a vengeance Wednesday as new inflation data came in hotter than expected, and ...
The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump ...
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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.
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 ...
Are you ready to fight for the little agency that fights for us?” the Massachusetts Democrat told a crowd of about 300 CFPB ...
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest ...