Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization.

Former Fed Chair Janet Yellen is a former Treasury Secretary, former head of the White House Council of Economic Advisors, and current professor emeritus at the University of California at Berkeley.

Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.

A probe by Finra, Wall Street’s self-regulator, spans the wealth unit as well as the division that houses trading.

In an interview with Bloomberg TV on Wednesday, United States (US) Treasury Secretary Scott Bessent noted that they are not in a rush to nominate a new Federal Reserve (Fed) chair to replace Chairman ...

Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman's blockchain platform ...

All 105 economists said the Fed, which last cut its key interest rate to 4.25%-4.50% in December, will hold rates again at ...

Stock futures rose Wednesday on the U.S. and Japan striking a trade agreement and ahead of earnings from two of the Magnificent Seven. The U.S. also reached a pact with the Philippines and fleshed out ...

OpenAI Chief Executive Sam Altman said he is concerned that financial firms aren’t adequately dealing with a rise in ...

A stronger than expected job market stopped the RBA pulling the trigger on a July rate cut, leaving struggling homeowners to ...

The lack of an independent U.S. central bank could shake both the U.S. economy and global financial markets.

White House deputy chief of staff James Blair will visit the renovation site at the Federal Reserve's headquarters amid ...