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President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for treasury secretary.

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for treasury secretary.

Donald Trump revealed plans to sack Mr Gensler on "day one" of his new administration.

Hwang was found guilty of fraud in a case that cost Wall Street banks billions of dollars in losses.

The Federal Reserve’s top banking regulator said Wednesday he wouldn’t leave before his term was up even if President Donald Trump tried to remove him.

Former member of the Federal Reserve Board of Governors Kevin Warsh, a contender to serve as President-elect Trump's Treasury secretary, recently criticized DEI and said it should not influence monetary policy.

The pace at which prices are going up is closely watched as it influences the future path of interest rates.

Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.

Donald Trump’s choice of former SEC boss Jay Clayton to lead an office of federal prosecutors with a history of pursuing financial crimes is notable for its complete lack of controversy — especially on Wall Street.

Here's how investors are thinking about stocks post-election.

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making it clear the central bank is not "in a hurry" to lower interest rates.

The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.

Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.

U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.

Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of 2016, as they anticipate potentially higher interest rates next year. The $23.5 billion in debt issued by financial institutions accounted for 78% of Tuesday's total $30.15 billion in high-grade bond sales, which was the fifth-largest day of overall issuance in 2024, according to a Wednesday report by BMO Capital Markets. "From yesterday's flood of issuance, it seems like banks are issuing bonds now to get ahead of what could happen next year with rates" under President-elect Donald Trump's administration, said Jack McIntyre, global fixed income portfolio manager at Brandywine Global.

The outlook for inflation is uncertain as economists warn of potential pressures from Trump policies.

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

October's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision.

Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.

The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises 'to the upside' over the next month, Minneapolis Fed president Neel Kashkari told Yahoo Finance.

As the dust settles on a post-election stock market rally, some firms have already gained

Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.

U.S. stock inflows saw the biggest day in five months, and financials had the best day on record Wednesday after the news that President-elect Trump is headed back to the White House.

As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ready to go to court to fight back.

The Biden economy is over. Whether Trump can do better is a 50-50 proposition.

Democrats' liberal wing has wrecked the party, and the nation suffers for it.

American voters concerned about the economy and falling behind in their household finances due to growth not keeping pace with high inflation played a major role in the election.

The Fed cut interest rates by 25 basis points, avoiding any surprises just days after the election of Donald Trump as the next US president.

Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.

President-elect Donald Trump has sent mixed signals for years on whether he would fire or demote Jerome Powell. But Powell made it clear Thursday that he won’t be going anywhere even if Trump tried.

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about a second Trump presidency looms large.

Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

(Reuters) -U.S. President-elect Donald Trump's impending return to the White House appears to put the Federal Reserve on a slower and shallower path for interest rate cuts, with a slew of new policies embraced by the Republican leader poised to juice the economy and stall, or reverse, the slowdown in inflation. U.S. central bankers are still widely expected to cut the Fed's benchmark interest rate by a quarter of a percentage point to the 4.50%-4.75% range when they wrap up their two-day policy meeting on Thursday. Futures contracts tied to the Fed's policy rate are also pricing in a December rate cut, though with slightly less confidence than previously, as the central bank recalibrates borrowing costs to inflation that's now much closer to its 2% target, and to a cooling labor market.

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.

Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about a second Trump presidency looms large.

DJT, bitcoin, and other trades that had moved with Donald Trump's betting odds to win the 2024 presidential election soared on Wednesday.

Investors are in wait-and-see mode to find out whether Harris or Trump will win the US election.

Bitcoin reached a record high and the dollar jumped, signs that traders were positioning themselves for a possible win by Donald Trump.

Interest rate-sensitive areas of the market and cryptocurrencies are among some of the areas expected to see big moves based on who wins the presidential election.

The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent 2024 keeping as much distance as it can from politics.

Investors are bracing for a week of potentially huge market-moving events — the presidential election and the Federal Reserve policy decision.

US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. Most observers expect Donald Trump to be more favorable.

The Fed is poised to cut rates by a quarter point this week despite some signs of stubborn inflation and mixed signals about the job market.

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.

Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.

Officials at the Federal Reserve are widely expected to cut rates by a quarter point next week.

A battle over a new rule to limit credit card late fees has spiraled into a larger skirmish about how much power litigants should have to maneuver their cases into friendly courtrooms.

BlackRock Chief Executive Larry Fink says the Federal Reserve will not lower interest rates as much as some forecasters expect, warning inflation is "embedded."

Some of the top figures on Wall Street sound more concerned about the persistence of inflation than the occupant of the Oval Office in 2025.

Two reports this week on inflation and the labor market could swing the final calculus for Fed policymakers as they weigh another rate cut at their Nov. 6-7 meeting.

A guide to how the two presidential candidates might affect the financial issues that matter most to voters in 2024.

Stocks are reviving somewhat as a pullback in US bond yields lifted some recent pressure on risk appetite.

Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024.

Average 30-year fixed rates reached 6.54% in the week through Wednesday, according to Freddie Mac.

Trading desks at major banks are expecting a flurry of activity when the chaotic 2024 election comes to a close, and that could cement what is already a banner year for Wall Street.

The Dow Jones Industrial Average snapped a three-day winning streak.

(Bloomberg) -- Benchmark Treasury yields may soon hit a key level on the back of rising inflation expectations and concerns over US fiscal spending, according to T. Rowe Price.Most Read from BloombergA Broken Oil Pipeline Plunges South Sudan’s Capital Into ChaosDrug Decriminalization Spawns a Political Debacle for ProgressivesCities Look to AI to Flag Residents’ Trash and Recycling MistakesOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedChicago Should Consider Furloughs, Highe

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.

Market observers see signs that investors increasingly believe Donald Trump will win the election, but there may be alternate explanations for a shift in sentiment.

The New York Fed found that consumers' expectations about missed debt payments edged higher in September for the fourth consecutive month, as some may face increased budget pressures.

Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.

As a fresh wave of earnings rolls in, hopes are for further positive surprises.

As a fresh wave of earnings rolls in, hopes are for further positive surprises.

As a fresh wave of earnings rolls in, hopes are for further positive surprises.

Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.

The next batch of big bank earnings will test the rally and the chances of an economic "soft landing".

The next batch of big bank earnings will test the rally and the chances of an economic "soft landing".

Profits at JPMorgan and Wells Fargo both fell from the year-ago period, but those declines were less than what analysts expected.

JPMorgan and Wells Fargo get earnings season going in earnest while a wholesale inflation print is in focus after the CPI surprise.

Andersen Capital Management CIO Peter Andersen joins 'Mornings with Maria' to discuss big bank earnings and weighs in on the Federal Reserve's handling of rate cuts.

(Bloomberg) -- European stocks and US futures were little changed as traders digested hotter-than-anticipated inflation in the US and readied for the earnings season to take off. Most Read from BloombergThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsSan Francisco to Shut 9% of Public Schools Amid Budget WoesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationShould Evictions Be Banned After H

Traders are watching for the wholesale inflation report and quarterly reports from JPMorgan Chase and Wells Fargo.

The Consumer Price Index is moderating, but September’s report contained both good and bad news for policymakers.

A warmer-than-expected inflation reading released Thursday offers new ammunition for Federal Reserve hawks who are arguing for a gradual pace of interest rate cuts.

The Labor Department released closely watched inflation data for September that showed the consumer price index rose 2.4% last month, which was slightly above expectations.

Economists forecast that the rise in consumer prices will slow to 2.3 percent in the year through September, the latest evidence that inflation appears to have come under control.

The superstorm is expected to inflict costly and lasting damage in Florida, as the Federal Reserve is already keeping an eye on upcoming inflation data.

Freshly-released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.

Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.

Investors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if stronger-than-expected growth spurs investors to radically shift views on how much the Federal Reserve will need to cut borrowing costs in the months ahead. Expectations of steep rate cuts spurred bets on everything from rising Treasury prices to a weaker dollar in recent months, while juicing corners of the stock market such as utilities. The Fed delivered a jumbo-sized 50 basis-point cut last month, temporarily vindicating that view.

The number of foreign-born workers declined slightly in September after reaching the highest level since at least 2007 in August, as the U.S. experiences an immigration surge.

Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight.

The September jobs report showed surprising signs of strength in the labor market that have economists questioning how much more the Federal Reserve will cut interest rates in 2024.

Slatestone Wealth chief market strategist Kenny Polcari reacts to Biden's acting labor secretary's commentary on the jobs report and future Fed rate cuts.

In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.

The data reversed recent signs of a labor market slowdown, probably taking away the argument for a big rate cut at the Federal Reserve’s next meeting.

The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.

The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.

Governor Andrew Bailey hints that borrowing costs could fall more quickly if inflation stays in line.

Rules allowing banks to delay payments to investigate fraud will come into force at the end of October.

Federal Reserve Chair Jerome Powell said Monday that the US economy is 'in solid shape,' and that central bank policy makers 'intend to use our tools to keep it there.'

Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”

Kingsview Wealth Management CIO Scott Martin discusses the U.S. market, interest rates and his stock picks when the market is at record levels.

The central bank leader speaks Monday to the National Association for Business Economists in Nashville.