Economy

Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell's handling of the economy, accusing him of trying to put up to 2 million Americans out of work as part of the central ...

Declining cattle production and drought contributed to a sizable drop in beef supplies last year, the lowest in ...

A subsidiary of New York Community Bank will purchase a significant portion of failed Signature Bank under a $2.7 billion ...

The U.S. Federal Reserve announced on Sunday that it is collaborating with some of the world's largest central ...

Nearly 200 more banks could be vulnerable to the same type of risk that collapsed Silicon Valley Bank ...

Low-end retailer Dollar Tree on Sunday confirmed it pulled eggs from store shelves as prices for the staple ...

Commentary "QE" or Quantitative Easing has been the bull's siren song for the last decade, but will "Not ...

Congress will hold its first bipartisan hearing with top federal financial regulators into the failure of Silicon Valley ...

Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires ...

A series of climate bills now before the Oregon legislature could devastate rural communities and further fuel inflation, ...

Home sellers are giving more concessions and price cuts to prospective buyers amid high mortgage rates and home ...

Groceries, gas, and heating bills have gone up. As inflation grows, more consumers rely on credit cards to ...

The Federal Reserve balance sheet has surged to its highest level since November as the central bank attempts ...

The Biden administration remains undecided about replenishing the nation’s strategic petroleum reserves (SPR) even as oil prices have ...

Taiwan Semiconductor Manufacturing (TSMC) founder Morris Chang declared that the globalization of the chip industry is over, and ...

Billionaire investor Bill Ackman said he is "extremely concerned" by the federal government-backed infusion of $30 billion to ...

BlackRock CEO Larry Fink admitted in a 2023 annual letter to investors that oil and gas are “vital” ...

The parent company of the collapsed Silicon Valley Bank (SVB) has filed for bankruptcy. SVB Financial Group, which ...

Banks have borrowed a combined total of $164.9 billion from the Federal Reserve in recent weeks following the ...

Amgen Inc. said on Thursday it would cut 450 jobs, or less than 2 percent of its workforce, ...

As part of the U.S. government's extraordinary measures to shield insured and uninsured depositors at Silicon Valley Bank ...

First Republic Bank will receive $30 billion from some of the top U.S. banks in a bid to ...

The Energy Information Administration (EIA) expects the United States will remain a net exporter of petroleum and natural ...

First Republic Bank will receive $30 billion from some of the top U.S. banks in a bid to ...

In a letter to Treasury Secretary Janet Yellen, Sen. John Barrasso (R-Wyo.) and 21 of his colleagues denounced ...

Treasury Secretary Janet Yellen offered senators no assurance that a Republican plan to prioritize payment of the nation’s ...

Bond volatility has jumped and yields have fallen as the American banking crisis cast doubts on whether the ...