Bank of America beat estimates for second-quarter profit on Wednesday, driven by tumultuous markets that helped its traders ...

A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...

The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's ...

Large US banks are paying close attention to the emergence of stablecoins as an increasingly serious rival to established banking services. On recent earnings c ...

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

Warren Buffett, the so-called Sage of Omaha, has been shedding his US bank holdings. At the start of the year, Buffett’s ...

There would be huge implications for the economy if President Donald Trump fires Federal Reserve Chair Jerome Powell.

Major US banks like JPMorgan, Citigroup, and Bank of America explore stablecoins amid positive regulatory developments. Dive ...

With the passage of the bill, large banks are looking into their own stablecoins or partnering with the sector, while ...

Payment strategy has changed, with top executives in US banks calling it out. Executives of JPMorgan, Citigroup, and Bank of ...

To be sure, there's no "one" consumer. Spending power and debt loads for lower-income consumers differ from higher-income consumers. The Finra Foundation results said there's a "struggle of the middle ...

The measure, which passed the U.S. House with broad bipartisan support after clearing the Senate, is now on track to become ...