Sen. Bill Hagerty is spearheading legislation to regulate stablecoin, a cryptocurrency linked to fiat currencies like the dollar, but he has hit a snag.

Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.

JPMorgan Chase is dropping "equity" from its diversity program as more companies scale back initiatives that are aimed at increasing racial and gender equality in the workplace.

Citigroup's CEO announced it will no longer require a diverse applicant pool for job interviews and plans to change its DEI department name to "Talent Management and Engagement."

Morgan Stanley's net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30. That compares with $2.2 billion, or $1.24 per share, a year earlier.

Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.

Former President Trump made an unexpected campaign stop at a small business, Tony and Nick's Steaks, in Philadelphia before a rally Saturday, and left a $500 tip.

The American Accountability Foundation has released a report on how big banks have refused to lend money to firearm and ammunition manufacturers in an "asymmetrical attack" on the firearms industry.

FIRST ON FOX: The State of West Virginia banned four major financial institutions over their environmental, social and governance policies boycotting fossil fuels.

President Biden attempted to co-opt former President Trump's penchant for nicknames to little success after his "Broke Don" moniker was beset by the GOP nominee's social media company's stock soaring.