The nature of the rate spike probably means that it won’t disrupt the Federal Reserve’s balance-sheet-reduction plans, says Bill Dudley, former president of the New York Fed.

In 2022 - the year the Fed started hiking rates - net interest and miscellaneous payments for nonfinancial U.S. corporations began a steep decline, possibly because they started earning more on their ...

New York (CNN) — Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers.

Fortunes are up in New York City, but deportation and federal spending cuts could upend progress, new report says.

For economic forecasters gazing into the new year, 2025 presents unusual challenges. A new presidential administration takes ...

Government paper fiat money does more than just cause economic havoc. It also is an exercise in profound dishonesty and theft ...

US stock markets will close Jan. 9, in observance of a national day of mourning for former President Jimmy Carter.

Every year, investors look forward to the “Santa Claus rally,” a period that encompasses the final five trading days of ...

Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But ...

Upstate New York had a record number of tornadoes and widespread, persistent wildfires in 2024 due to warming weather ...

The Bank Policy Institute is leading a group of banks and financial organizations in a lawsuit on Tuesday against the Federal ...

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current ...