Fed partnering with MIT to develop "hypothetical digital currency"
The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use
Fed's Daly says loss of enhanced unemployment benefits creates a 'hole' in spending
Daly said recent economic data suggests consumers are already starting to pull back on activities as their benefits shrinks and coronavirus infections rise
Top Fed official suggests US economic recovery may be losing steam
Rosengren raised fresh doubts about the viability of a full economic rebound and said the virus will continue to dictate the speed of the nation's turnaround.
Retail investors scooped up these 5 stocks in July
TD Ameritrade clients took a deliberate approach to stock purchases as the S&P 500 climbed 5.51% during July.
Mall owner Simon Property sees revenue drop from pandemic
America's largest mall operator Simon Property Group Inc (N:SPG) missed Wall Street estimates for revenue and profit on Monday, hurt by unpaid rent from retailers due to the COVID-19 pandemic that also led to a loss of 10,500 shopping days.
Fed announces post-stress test capital requirements for big banks
The U.S. Federal Reserve announced Monday how much each large bank that underwent its 2020 stress tests will have to hold in additional capital
Fed's Evans: US should enact another coronavirus stimulus package so workers may continue jobs from home
NEW YORK - The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday.
US credit card debt declines slightly in June
The drop in credit card debt underscores how the pandemic affected consumer spending habits, as households did not want to take on additional debt.
Unemployment rate 'undoubtedly' higher than 10.2%: Fed's Evans
The unemployment rate is "undoubtedly" higher than the 10.2% reported for July, Chicago Federal Reserve President Charles Evans said on Sunday.
Fed's Kashkari calls for 6-week economic shutdown to control coronavirus spread
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, called for a nationwide economic shutdown for up to six weeks to get coronavirus under control on Friday, warning that the rest of 2020 could be much worse than what America has experienced so far.
Capital One slapped with $80M fine for 2019 data hack
Capital One must submit a plan to the U.S. central bank within 90 days outlining how it intends to improve the protection of customer's personal information.
White House pushes back against national lockdown after top Fed official calls for prolonged shutdown
President Trump is not considering a national lockdown amid a flare-up in coronavirus cases countrywide, White House press secretary said Tuesday.
Fed's Kashkari identifies 'one bright spot' in miserable GDP report: strong personal savings rate
Minneapolis Fed President Neel Kashkari said an increase in the personal savings rate means "we have a lot more resources as a country to support those who've been laid off."
Wells Fargo sold assets to stay under Fed asset cap as markets lurched
Wells Fargo WFC -1.93% & Co. unloaded hundreds of millions of dollars of assets during this spring’s market collapse to stay out of trouble with the Federal Reserve.
Herman Cain, former Kansas City Fed chair and CEO of Godfather's Pizza, dead at 74
Herman Cain, a staunch defender of capitalism and the entrepreneurial spirit, had a decades-long business career with the Pillsbury Company and the Federal Reserve Bank of Kansas City.
Stock futures fall ahead of sobering economic reports
GDP, jobless claims and tech earnings are on tap
Fed underscores support for economic recovery threatened by coronavirus resurgence
The Federal Reserve on Wednesday pledged to continue taking aggressive action to support the U.S. economy as the recovery has started to plateau.
Stock futures trading carefully ahead of tech hearing, Fed decision
Traders will be watching earnings, tech and the Fed
Fed wrestles with its next moves as virus stalls US economy
The Fed is working toward providing more specific guidance on the conditions it would need to see before considering raising interest rates
Biden to urge role for Federal Reserve to address racial wealth gap
Joe Biden plans to call for the Federal Reserve to play a bigger role in addressing racial economic inequality



















