Financials

Fed's Evans hints new rate hike this year isn't a given

Federal Reserve Bank of Chicago President Charles Evans said Wednesday there was room for an "honest discussion" later in 2017 on whether it was the right time to raise interest rates--suggesting another hike by year-end wasn't a done deal.

Democrats seek to shut 'megabanks' that harm consumers

U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers.

Democrats seek to shut 'megabanks' that harm consumers

U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers.