Federal Reserve

Custodia Bank's application for Federal Reserve System membership was declined, according to officials, due to concerns with cryptocurrency and safety risks.

The housing market is beginning to recover from a recent low as mortgage rates fall from a record high, evidenced by an increase in pending home sales.

SPY, the first listed exchange-traded fund, continues to earn its stripes 30 years after its debut, serving as a tool to access the S&P 500, the broadest measure of the stock market.

Inflation showed signs of cooling last month, a welcoming sign for the Federal Reserve as it tries to cool consumer prices with higher interest rates.

The U.S. housing market will likely bottom out by mid-year, according to Goldman Sachs economists, as mortgage rates continue to decline from a peak of 7%.

December purchases of new homes rose 2.3% as mortgage rates began to normalize, offering hope the housing market is recovering from the Fed rate hikes.

The fourth-quarter GDP report shows the U.S. economy finished the year on relatively strong footing, despite high inflation and rising interest rates.

The markets will react on Thursday to the first reading on how the U.S. economy performed in the fourth quarter.

Pending home sales climbed 3% in December, evidence the housing market is stirring back to life as mortgage rates continue to fall from a record high.

Almost half of Americans expect high inflation will remain a concern in 2023 and many think prices for basic goods will continue to increase next year. Here’s how to cut down on high-interest debt.

"The Big Money Show" co-hosts Brian Brenberg, Taylor Riggs and Jackie DeAngelis torch Biden's economic optimism as Americans still feel inflation "pain" across the board.

More American companies expect a decline in payrolls this year as the U.S. economy heads into a possible recession triggered by Fed interest rate hikes.

The U.S. economy will probably see more job cuts in coming months after a wave of layoffs at Big Tech companies including Google, Microsoft and Twitter.

The Federal Reserve has launched a probe into Goldman Sachs' consumer business known as Marcus, reportedly over concerns that the bank did not have proper safeguards in place.

The Federal Reserve needs to remain steadfast in its fight against inflation or risk plunging the economy into a 1970s-style crisis, Larry Summers said.

Sales of previously owned homes fell 1.5% in December from the prior month due to higher mortgage rates, according to the National Association of Realtors.

High inflation has shown early signs of moderating, giving the Fed the space to slow its interest rate increases, according to vice chair Lael Brainard.

Bank of America Chairman and CEO Brian Moynihan discusses how a mild recession could impact housing, labor and energy sectors from the World Economic Forum.

Applications for U.S. unemployment benefits tumbled to a four-month low last week even as the Fed tries to slow the economy and cool the labor market.

The Federal Reserve's Beige Book, which monitors businesses' sentiments, is full of pessimistic outlooks on the economy driven by high inflation and slow growth.