markets

XRP cryptocurrency jumps as investors hope Ripple will win legal battle with the SEC

The XRP cryptocurrency soared on Wednesday as investors grew hopeful that Ripple, a company closely associated with the token, would…

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.…

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…

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…

China would be among first paid under GOP debt limit plan, Treasury Secretary Yellen says

WASHINGTON — Treasury Secretary Janet Yellen said Thursday that China would be among the first in line to get paid…

Treasury Secretary Yellen says not all uninsured deposits will be protected in future bank failures

WASHINGTON — Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed…

One year after the first rate hike, the Fed stands at policy crossroads

The Federal Reserve is one year down its rate-hiking path, and in some ways it’s both closer and further away…

Payrolls rose 311,000 in February, more than expected, showing solid growth

Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy…

Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low

The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July…

Here’s where the jobs are for January 2023 — in one chart

The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment.…