Fed officials meet in shadow of banking crisis, high inflation
Turmoil within the banking sector has upended expectations for the Federal Reserve's rate-hike decision Wednesday as officials continue to grapple with high inflation.
Elon Musk says what he thinks the Fed should do with interest rates
Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.
Fed could put US economy in 'very dire situation' with rate hike decision, expert warns
Is the Fed's next rate hike decision going to be "poorly perceived" by the markets and bring the U.S. economy closer to recession? Experts Mike Lee and Kathryn Rooney Vera weigh in.
Home sales jump 14.5% in February as prices fall for the first time in a year
Sales of previously owned homes rose 14.5% in February from the prior month as mortgage rates fell, according to the National Association of Realtors.
Yellen says US will take more action to protect smaller banks if needed
U.S. regulators are willing to take drastic actions to protect small and mid-sized banks amid fears of deposit runs that "pose the risk of contagion."
Stuart Varney: Bailouts are bad, but a crash is worse
FOX Business' Stuart Varney discussed whether politicians would bail out banks as they did during the 2008 crisis, arguing an economic collapse is worse than a government bailout.
How Bitcoin is benefiting from the banking crisis
The crypto winter that battered Bitcoin prices appears to be thawing as the U.S. banking crisis roils investors and calls into question the Federal Reserve's rate hike strategy.
Federal Reserve sounded alarm about Silicon Valley Bank's risk management in 2019: report
The Federal Reserve reportedly issued multiple warning about Silicon Valley Bank's risk management starting at least four years before the bank's implosion.
San Francisco Fed criticized for missing Silicon Valley Bank’s red flags
The Federal Reserve Bank of San Francisco is facing mounting criticism after Silicon Valley Bank, which was under its supervision, collapsed following a bank run by depositors.
Fed blinking in 'front of financial instability' is the 'worst thing they can do,' warns economic adviser
Allianz chief economic adviser Mohamed El-Erian discussed how the Federal Reserve's management led to the Silicon Valley Bank failure and other bank crises.
Credit Suisse and banking crisis, Fed meeting, Nike earnings top week ahead
The future of First Republic Bank and Credit Suisse will dominate the headlines in the coming week ahead of the Federal Reserve's decision on interest rates.
US home prices post first annual decline since 2012
The median U.S. home sale price dropped 1.2% in February, marking the first year-over-year decline in a decade, according to a new report from Redfin.
Banks borrow record-breaking $160B from Fed crisis lending programs
The Federal Reserve's emergency bank lending surged to a record high this week amid fallout from the collapse of Silicon Valley Bank and Signature Bank.
Mortgage rates drop amid bank closure fears: Freddie Mac
The average rate for a 30-year fixed-rate mortgage declined to 6.6% this week amid bank closure fears and interest rate speculation.
First Republic Bank reportedly exploring potential sale after credit downgrade
The Silicon Valley Bank crisis has spread throughout the financial sector, with First Republic Bank now exploring a potential sale after its credit downgrade by Fitch.
How SVB’s collapse could affect interest rates
The collapse of Silicon Valley Bank (SVB) and Signature Bank has spread fear and uncertainty in the banking sector. But the FDIC has long offered some protection to individual depositors of insured banks. Here’s what you need to know.
One year into its inflation fight, the Fed faces a murky future
The Fed began raising interest rates one year ago. Where it goes from here remains murky as it continues to confront high inflation and bank sector turmoil.
Fed announces July launch of new FedNow system for live transactions
The Federal Reserve on Wednesday announced it will roll out a new FedNow Service that allows banks to process instant payments beginning in July and is looking for early adopters.
Bank turmoil raises investor bets on big Fed rate cuts this year
The odds that the Federal Reserve cuts interest rates in May by a quarter-percentage point jumped in the wake of multiple crises within the banking sector.
Americans may deplete more than half their pandemic era savings by end of 2023: Goldman Sachs
Americans amassed major savings during the height of the pandemic, but they may deplete more than half of it by the end of 2023, a Goldman Sachs estimate forecasted.


















