Finance

If President Biden’s objective was a stable economy coming out the pandemic, he has miserably failed, the American people know it and it will be an issue in the 2024 election.

The price of Bitcoin and Ethereum are falling after the U.S. Federal Reserve announced on Wednesday that additional interest rate hikes were on the way in 2023.

The Federal Reserve did not increase rates in June, which means the federal funds rate will remain in a targeted range of 5% to 5.25%, the highest level in 16 years.

North America's top finance executives have dialed down their 12-month outlooks and overwhelmingly cite economic or financial market risks as their top concern, Deloitte found.

Target shares have been hit with another demotion, this time from Bank of America, following several stock downgrades that have pushed share value to a three-year low.

Salesforce is getting into the generative AI business to help philanthropic organizations like nonprofits, the company announced on Monday.

The Departments of Commerce, Justice, State and Treasury issued a warning on Iran's efforts to circumvent sanctions to acquire sensitive tech for drone programs.

Sens. Elizabeth Warren and Chris Van Hollen asked the Justice Department to investigate crypto exchange Binance about whether it made false statements to U.S. lawmakers.

The U.S. solar industry saw installation of panels soar 47% in the first quarter, according to an industry report released on Thursday.

Binance CEO Changpeng Zhao and Coinbase Chief Executive Brian Armstrong have lost money since the SEC filed lawsuits against both companies earlier this week.

Treasury Secretary Janet Yellen said on Wednesday that regulation "would be appropriate" in the crypto industry and she supports regulatory oversight.

The commercial real estate market could see prices fall 40% this year due to several headwinds, including high interest rates and a possible credit crunch.

Twitter users are blasting BlackRock CEO Larry Fink for his 2017 comments admitting his firm would "force behaviors" on diversity.

A Federal Reserve governor said ongoing interest rate hikes are possible until inflation is closer to the institution's 2% objective. Meanwhile, Americans have been struggling with high interest rates and inflation, reports said.

The Consumer Financial Protection Bureau issued an advisory Thursday warning that funds stored in payment apps like PayPal and Venmo are not federally insured, unlike bank deposits.

The average rate for a 30-year fixed rate mortgage increased to 6.79% for the week ending June 1, according to Freddie Mac. Meanwhile, the Fed said it’s weighing in on the possibility of another interest rate hike.

Rep. Alex Mooney introduced the Digital Dollar Pilot Prevention Act on Thursday in the latest effort to block a central bank digital currency from being issued in the U.S.

Fannie Mae has forecasted a recession in 2023 since last April and said the tightening in credit lending would likely lead to slower future business investment this year.

Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.

Inflation remains stubborn despite the Fed's 10 rate hikes creating more uncertainty about the whether policymakers will pause at their June meeting.