A key US Federal Reserve official said Friday that central bank policymakers should be ready to lower interest rates further, citing "fragility" in the jobs market.

The 4 biggest U.S. bank stocks were down 5% to 7% this week after reporting earnings. President Trump's proposed 10% cap on credit card interest rates is a huge negative catalyst for the industry. The ...

“Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort to cap interest rates. By Andrew Ross Sorkin Bernhard Warner Sarah Kessler ...

THE IDEA that central banks should enjoy some independence is as old as central banking. “I want [it] to be sufficiently in the hands of the government, but not too much,” mused Napoleon Bonaparte in ...

(CAMBRIDGE, Md) – The City of Cambridge is working to establish a land bank in the Pine Street neighborhood. The city is still working out the logistics of the project. The City Council discussed the ...

Bank of New York Mellon stock rose Tuesday after the company beat quarterly earnings expectations but projected a slowdown in growth in 2026.

Ajay Rajadhyaksha from Barclays says the recent rally in gold is driven by central banks' increased purchases over the past two and a half years, rather than by concerns about the Federal Reserve’s ...

Financial services stocks including Capital One, Synchrony, Citigroup, JPMorgan Chase and Bank of America slid in early trading on Monday. It follows U.S. President Donald Trump's call for a 10%, ...