Finance

Tension between Leon Black and his Apollo Global Management Inc. co-founder Josh Harris is boiling over, threatening to buffet the investment giant with fresh controversy.

Just a couple of months after blocking Saule Omarova's nomination to be the comptroller of the currency, Banking Committee Republicans have their next target in Sarah Bloom Raskin.

The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding several rate hikes, while China surprised analysts with a benchmark cut.

JPMorgan CEO Jamie Dimon says he believes there is "a pretty good chance" there will be more than 4 interest rate hikes this year, and possibly even 6 or 7

As inflation soars, call it déjà vu all over again for those of us who are old enough to remember the malaise and hardships of the 1970s.

Chamber of Digital Commerce President Perianne Boring reacts to Fed Chairman Powell saying cryptocurrencies and central bank digital currencies would be able to coexist.

Former Council of Economic Advisers Acting Chairman Tyler Goodspeed argues the Federal Reserve is "so far behind the curve" that three interest rate hikes won't be enough to combat inflation.

Former Kansas City Federal Reserve President and CEO Thomas Hoenig joins "Mornings with Maria" to address how to approach rising inflation.

The dollar started the week with support as traders bet U.S. inflation data and appearances from several Federal Reserve officials would bolster the case for higher interest rates.

President Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate of three nominees for central bank board seats

Hong Kong billionaire Richard Li’s FWD Group Holdings Ltd. has moved to withdraw its multibillion-dollar initial public offering in New York, the company said, amid rising tensions between China and the U.S.

Americans are applying for credit cards at a rate not seen since before the pandemic.

Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

The reappointment of Jerome Powell as Fed chair was a safe and wise bet for Biden.

A top candidate to be the next chair of the Federal Reserve refused three times to say whether or not she was a capitalist or a socialist in 2019.

St. Louis Fed President James Bullard pointed out that gross domestic product is “above pre-pandemic levels so we already fully recovered in that sense from the pandemic and the pandemic isn't even over yet.”

The dollar made a steady start to the week on Monday but was kept below Friday peaks, as currency traders seek a path between markets' volatile interest rate projections and central bankers vowing to keep rates low even as inflation surges.

Leaders at State Street Global Advisors will need to ask permission to hire white men as it rolls out a diversity hiring initiative.

Jes Staley stepped down as chief executive of Barclays PLC under pressure from regulators about how he characterized his relationship with the convicted sex offender and financier Jeffrey Epstein.