Recession tanks European powerhouse's economy amid global inflation squeeze
The International Monetary Fund initially predicted Germany and Britain alone to suffer recessions as inflation remains high across Europe and spending drops in response.
Biden Fed nominee says too little has been done about inflation
The Fed has noted that the job market has a robust supply but warned that if it grew "tight" it might prompt the need for further rate hikes, which the bank is not keen to pursue.
Fintech companies acted with 'inexcusable misconduct,' failed to stop COVID fraud, top Dem alleges
Financial technology services companies received billions of dollars through taxpayer-funded PPP loan processing fees with little oversight of who was getting the loans, House lawmakers allege.
JPMorgan Chase plans 60-story NYC tower as new 'all-electric' HQ
JPMorgan Chase & Co. announced a major investment in New York City office space Thursday, with plans to build a 60-story building to be its global headquarters.
Wendy Williams calls out Wells Fargo for blocking access to her money: 'This is not fair'
Wendy Williams is requesting Wells Fargo give her access to her money, saying in a video on Wednesday that the bank is not treating her fairly.
Companies thought they had a plan for fall, now they are scrapping it
The swift, startling resurgence of Covid-19 cases and hospitalizations across the U.S. is causing corporate leaders to rip up playbooks for the next few months.
JPMorgan, Goldman Sachs to kick off earnings week
JP Morgan Chase and Goldman Sachs are the first two major U.S. banks set to release second quarter earnings this week.
Elizabeth Warren slams Wells Fargo over potential hit to customers' credit scores
Sen. Elizabeth Warren, D-Mass., slammed Wells Fargo on Thursday after the embattled bank disclosed that its decision to scrap personal lines of credit could impact customers’ credit scores.
Big banks hike dividends after passing Fed's stress test
Several major American banks announced dividend boosts on Monday, days after the Federal Reserve said all big lenders passed their stress test and lifted the heightened restrictions imposed due to COVID-19.
LIVE UPDATES: Wall Street CEOs testify before House Financial Services Committee
The CEOs of the largest banks in the U.S. are testifying on Capitol Hill for the second day in a row Thursday.