Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back.
Read Full ArticleThe global economy is just one more knock away from a second recession in the same decade, something that hasn't happ...
Read Full ArticleGoldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes th...
Read Full ArticleMany on Wall Street cheered last fall when the midterm elections ushered in a return of divided government in Washing...
Read Full ArticleMany CEOs, investors and consumers are worried about a recession in 2023. But Moody's Analytics says the more likely ...
Read Full ArticleLast year was dominated by scary headlines about crushing inflation, super-sized interest rate hikes and mounting rec...
Read Full ArticleWall Street is bidding goodbye — and good riddance — to 2022. It has been a year most investors would rather forget.
Read Full ArticleThe global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing c...
Read Full ArticleGas prices will probably be significantly cheaper overall next year. Yet the national average could still climb back ...
Read Full ArticleTwo senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges ...
Read Full ArticleThe Federal Reserve's super-sized interest rates are not scaring most companies into cutting back on spending, accord...
Read Full ArticleOne of Wall Street's top executives is worried about a repeat of 2008. At least, partially.
Read Full ArticleFederal regulators fined Wells Fargo $1.7 billion on Tuesday for "widespread mismanagement" over multiple years that ...
Read Full ArticleElon Musk's management of Twitter, including the banning of multiple journalists, has "severely damaged" market senti...
Read Full ArticleThe Biden administration announced plans Friday to provide nearly 2 million barrels of oil to refineries through an e...
Read Full ArticleThe plunge in gasoline prices hit another milestone on Friday, with the national average sinking to the lowest level ...
Read Full ArticleWhile a debate unfolds online about Starbucks' new credit and debit card tipping option, some workers are frustrated ...
Read Full ArticleAn electric scooter service just became the only company to pull off an initial public offering in Russia this year.
Read Full ArticleAs federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting ...
Read Full ArticleInvestors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as t...
Read Full ArticleOnce again, food inflation is outpacing overall inflation.
Read Full ArticleFor the first time in decades, people in Europe and North America have been forced to contend with the harsh conseque...
Read Full ArticleThe Securities and Exchange Commission charged Sam Bankman-Fried on Tuesday with defrauding investors and customers i...
Read Full ArticleTreasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation coo...
Read Full ArticleJust two months after UK markets suffered their worst meltdown since the global financial crisis, the British governm...
Read Full ArticleDespite high inflation and recession fears, the holiday shopping season appears to be off to a strong start.
Read Full ArticleUS oil prices climbed 4% Thursday morning after the Keystone Pipeline was shut down following a leak discovered near ...
Read Full ArticleUS gasoline prices are now cheaper than they were one year ago, providing relief to Americans that have spent 2022 gr...
Read Full ArticleOil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow conce...
Read Full ArticleRepublicans and Democrats are likely to clash next year over the debt ceiling, a fight that could rock financial mark...
Read Full ArticleMost Russian crude oil exports to Europe are now banned, marking the boldest effort yet by the West to pile financial...
Read Full ArticleIndonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition, ...
Read Full ArticleOPEC and its allies decided Sunday to stick with their existing policy of curtailing oil output, just hours before ne...
Read Full ArticleThe European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most ...
Read Full ArticleInflation is cooling. Consumers are still spending. And hiring is slowing — but not collapsing. That's why Moody's An...
Read Full ArticlePrices at the pump continue to plunge, dropping the US average for gasoline below where it was when Russia invaded Uk...
Read Full ArticleAllies of Ukraine want to put a price limit on Russian oil. But there's a problem: They can't agree on a number that ...
Read Full ArticleThe story of financial markets and the global economy this year has been written in part by the dramatic rise of the ...
Read Full ArticleSingapore's central bank has responded to criticism of its treatment of two of the world's largest crypto exchanges, ...
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