The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes office.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the ...

The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the ...

First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, today announced it has received the approval of the Federal Reserve to acquire by merger CrossFirst Bankshares, ...

Under President-elect Donald Trump's first term, global U.S. banks scored some de-regulatory wins, including loosening ...

There may be a mismatch between what workers know and what companies want now that AI has changed the landscape.

Michael Barr, the Federal Reserve’s vice chair for supervision, announced that he would step down on Monday amid speculation ...

Treasury yields surged following the Fed's cautious outlook on rate cuts in 2025. The 2-year Treasury yield, closely tied to Fed rate expectations, rose to 4.352 percent from 4.239 percent on Tuesday.

(Bloomberg) -- The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled below $3 trillion to the lowest since October 2020.

Interest rates have been climbing since the Federal Reserve signaled last month that it expects to raise its benchmark rate just twice this year, down from the four cuts it forecast in September. The ...