Economy

Watch Treasury Secretary Janet Yellen speak live to banking conference

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%

U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The…

Here’s everything the Federal Reserve is expected to do Wednesday

(Follow our live coverage of the Fed rate decision today.) Update: The Federal Reserve on Wednesday enacted a quarter percentage point interest…

‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators

WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…

Stocks making the biggest moves midday: Nvidia, First Republic, Nike, GameStop and more

Check out the companies making headlines in midday trading. Nvidia — Nvidia shares gained 1%, building on their recent outperformance.…

Junk fees cost consumers tens of billions annually, according to the White House

Fees on concert tickets, airfares, hotels and other so-called junk fees cost Americans tens of billions of dollars every year,…

Op-ed: ESG investing and 2018 change in bank laws didn’t cause Silicon Valley Bank to collapse, says former Sen. Heitkamp

Heidi Heitkamp is a former Democratic senator from North Dakota, and currently serves as director of the University of Chicago’s…

Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank

WASHINGTON — The top Republicans on committees that oversee the U.S. financial system sent letters Monday to Federal Reserve Chair…

Fed loans, account guarantees helped stabilize ‘deposit flows’ at regional banks, Treasury official says

WASHINGTON — The record-setting number of emergency loans that were made to banks this week by the Federal Reserve was…

Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures

President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed…