Citigroup Says Its Predecessors Benefited From SlaveryThe bank’s latest historical review, done as part of its racial equity pledge, shows indirect ties..
Warsh Set for Showdown With Trump as Fed Faces Pressure to Raise RatesThe Federal Reserve is expected to raise interest rates on Wednesday, putting Kevin M. Warsh, the..
Russian Citizen Extradited to U.S. in Sprawling Bank Fraud SchemeSergei Anatolyevich Filimonov is accused of taking part in a scheme that used fake bank websites to ..
The Bond Markets Are Pushing Up Rates. Will Central Banks Follow?Around the world, rising bond yields reflect shifting expectations on how fast policymakers will..
Mamdani Persuades C.E.O.s to Join His Business Advisory CouncilMayor Zohran Mamdani, a democratic socialist who has struggled to win over Wall Street, intends to..
Treasury Turns to Interventionist Tactics to Lower Interest RatesTreasury Secretary Scott Bessent is reinventing the government’s role in the world’s most important ..
Wall St. Wants Another Half-Trillion Dollars for the A.I. BoomSix giant investment firms announced a $500 billion effort to raise money for customers of Nvidia..
Trump Restarts Battle to Fire Sitting Fed Governor Lisa CookThe Trump administration, rebuffed by the Supreme Court in its first attempt to fire Lisa D. Cook,..
Fed’s Preferred Inflation Gauge Eased During Pause in Iran WarPrice pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting..
Texas Stock Exchange Launches as Dallas Builds Y’all StreetCity leaders are wagering that a growing cluster of Wall Street firms can cement Dallas as “Y’all..
Supreme Court Expands Trump’s Power to Fire Officials but Prevents Lisa Cook RemovalIn twin rulings, the Supreme Court affirmed the Fed’s independence and said its leaders could not..
Delcy Rodríguez, Venezuela’s President, Struggles to Uphold Trump’s Narrative of SuccessPresident Trump says Venezuela, under U.S. oversight, has “never made the money” it is making now...
Back After Vanishing for 2 Weeks, Russian Banker Tries to Project CalmThe central bank leader Elvira S. Nabiullina reappeared during a news conference after a gap that..
Inflation Will Linger Despite U.S.-Iran Deal, British Officials WarnBank of England policymakers kept interest rates on hold, saying the impact of the war in Iran was..
Good Luck, Kevin Warsh. You’ll Need It.Between a surge in interest rates, increasingly restive colleagues and the demands of President..
Iran War Lifts a Second Inflation Reading to Highest Level Since 2023Officials at the central bank have embraced the possibility of higher interest rates to get..
How Jerome Powell Managed a Chaotic EraOur reporter Colby Smith, who covers the Federal Reserve and the economy, looks back at Jerome..
Schwab Affiliate Halts Customer Donations to Southern Poverty Law CenterFidelity’s and Vanguard’s donor-advised fund entities have taken similar actions since a Justice..
Why Countries Are Stocking Up on GoldAs risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle..
What to Watch at the Federal Reserve’s April MeetingThe U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be..
Make Way for the Investment Bank InfluencersZoomers in finance are posting day-in-the-life videos on TikTok, alarming compliance officers...
Trump’s Fed Pick Faces Tough Task Shedding ‘Sock Puppet’ LabelKevin M. Warsh, at his confirmation hearing to be the next chair of the Federal Reserve, repeatedly ..
Getting a Loan for Grad School Is About to Get More ComplicatedWith new limits on federal lending, many students will need private loans and some could be shut..
Why the Scary Inflation Numbers Might Not Be Quite So Scary as They SeemI believe the gas tank is half full.
Bessent and Powell’s A.I. AnxietyThe Treasury secretary and the Fed chairman reportedly summoned banking leaders to discuss the..
Fed’s Inflation Woes Preceded the War With IranAn energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s ..
This Might Be the Most Economically Destabilizing War in DecadesEven if this cease-fire holds, the war’s shocks may last for years.
Jamie Dimon Cites Risks From War, Private Credit, Inflation and MoreIn his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said..
Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s GrokMr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want..
Revolut, the British Finance App, Seeks a U.S. Banking CharterThe company said that the move, if approved, would allow it to offer more products to American..
Top Fed Official, Wary of Inflation, Calls for Extended Rate PauseBeth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the..
Fed Officials Signaled No Rush to Restart Rate Cuts, With Some Raising Possibility of Hikes,..Barring a rapid deterioration in the labor market or a significant cooling of inflation, the..
La abogada principal de Goldman dimite tras revelarse sus vínculos con EpsteinKathryn Ruemmler, quien también fue una de las principales abogadas del gobierno de Obama, ha..
Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal InquiryPresident Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been ..
Investigation Finds Credit Suisse Had Wider Nazi Ties Than Previously KnownA lawyer who has been scrutinizing archives for the bank, which is now part of UBS, is expected to..
For Hassett, Loyalty to Trump Became a Liability in Fed RaceKevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the..
A Municipal Debt Boom Is Driving Public Projects and Tax Breaks for InvestorsMunicipal debt issuance surpassed $500 billion last year, a record that’s found a deep pool of..
Tremors in Japan Prompt Treasury to Weigh Currency InterventionNew York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday..
