Fed keeps rates steady as it notes ‘lack of further progress’ on inflation
WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a…
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a…
NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’
New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial…
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest…
New Calamos ETF promises ‘100% downside protection.’ Here’s how it works
A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday. The Calamos S&P…
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
Check out the companies making headlines in extended trading. Amazon — Shares gained nearly 2% after the company beat on…
This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows
The volatility in the bond market has had equity investors on their toes for months, but at what point will…
