As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.

The embattled—and severely indebted—conglomerate let go of 40,000 workers from 16 garment units in December. A dozen will now permanently shutter.

US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...

Barr’s resignation letter to President Joe Biden ... He also supervised the Federal Reserve’s research into central bank digital currencies. While US officials haven’t confirmed they ...

Gold is up $31 this morning, and Silver is up 59-cents! There must be a double helix in the sky tonight, throw out the hardware let's do this right! (Steely Dan, from Aja). The price of Oil remained ...

Fed governor Michael Barr said in a letter to President Joe Biden that he would step down as vice chair of supervision Feb. 28, or earlier if a successor was confirmed. Yet Barr said he would remain ...

The Federal Reserve Chair signaled that U.S. banks should be allowed to cater to crypto customers while trying to pioneer new ...

Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...

The sale of the bank was opposed by former Gov. Andrew Cuomo, who sent letters to the Federal Reserve Board, the U.S. Comptroller of Currency, and the federal Justice Department urging the ...

6 (UPI) --Michael Barr, the vice chair for supervision at the Federal Reserve ... central bank. Barr's term was supposed to extend until 2026, but in his resignation letter to President Joe ...

In a letter addressed to President Joe Biden, Barr stated his intent to vacate his role as vice chair of supervision while remaining on the Federal Reserve's Board of Governors. The decision ...