Finance

Biden’s recent decision to nominate Cornell University professor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) tells us this.

President Biden's pick to the comptroller of the currency Saule Omarova also previously called the financial services industry the "quintessential a------ industry."

Government control of the financial system is no longer considered a radical idea in the Democratic Party but is instead the expressed goal.

U.S. industrial production fell 1.3% in September, much more than expected and the worst drop since February.

Federal Reserve Chairman Jerome Powell’s chances for a second term leading the central bank so far have been dented but not derailed by a reputational crisis over stock-trading disclosures by senior officials.

Some big U.S. banks are buying more U.S. government securities as yields start to rise and the Federal Reserve appears ready to taper its bond-buying program - a balance sheet shift that analysts say could boost bank earnings by several percentage points depending on how they play their hands.

The Philadelphia Federal Reserve is promoting critical race theory materials on its website.

The U.S. dollar drifted below a one-year high versus major peers on Tuesday as traders waited on key U.S. payrolls data at the end of the week for clues on the timing of a tapering of Federal Reserve stimulus and the start of interest rate hikes.

California Gov. Gavin Newsom has signed a bill into law that explores fee-free banking provided by the state.

Sen. Elizabeth Warren is calling on the SEC to launch investigations into trades by high level Federal Reserve officials.

Following the command of their de facto party leader, self-proclaimed Democratic Socialist Sen. Bernie Sanders (I-Vt.), Democrats have been shameless in their full embrace of his flawed absurd economic ideology.

Saturday's Powerball jackpot, with an estimated payout of $635 million, ranks among the ten largest pots in the history of the drawing.

Larry Kudlow gives his take on the Senate hearing with Janet Yellen and Jay Powell and provides insight on inflation during his Tuesday monologue on 'Kudlow'

Sen. Elizabeth Warren told Federal Reserve Chairman Jerome Powell on Tuesday that she would oppose his re-nomination.

The Federal Reserve announced Monday that Dallas Fed chief Robert Kaplan will soon retire, just hours after Boston Fed president Eric Rosengren said he would be retiring at the end of the month.

If a political standoff in Congress fails to raise the federal debt limit, the Fed could utilize a crisis-management playbook Federal Reserve officials created years ago to continue paying its bills.

Federal Reserve Chairman Jerome Powell has called for a fresh review of the central bank's ethics rules after top officials fell under scrutiny for trades made last year.

The dollar drifted within recent ranges against major peers on Wednesday after softer-than-expected U.S. inflation raised doubts about a taper of Federal Reserve stimulus this year.

The dollar languished near a one-month low versus major peers on Monday, as investors pushed back expectations for when the Federal Reserve will begin tapering its massive stimulus

Former President Trump warned that investing in cryptocurrencies is “potentially a disaster waiting to happen.”