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Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year
NEW YORK (AP) — All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably ...
Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very ...
A look at who could replace Powell as Fed chair
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with both pros and cons.
Trump Encourages Powell to Resign in Latest Attack on the Fed Chair
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about ...
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower ...
The WSJ Dollar Index Flat at 94.40
The WSJ Dollar Index is down 1.18 points or 1.23% this week to 94.40 –Largest one-week point and percentage decline since the week ending May 23, 2025 –Down three of the past four weeks –Today it is ...
Critics say socialist mayoral frontrunner threatens NYC's economic capital
New York City mayoral candidate Zohran Mamdani's socialist platform with a $30 minimum wage and free childcare sparks debate ...
Morgan Stanley sees unlikely chance of Fed rate cut in July or September
Morgan Stanley economists are sticking with their view that the Federal Reserve is not likely to cut interest rates at its next two meetings since most officials are aligned with Chair Jerome Powell's ...
Earn Big While Keeping Your Cash Safe: Today's Best High-Yield Accounts
Cash still pays well—if you know where to look. We compare this week’s best low-risk options from banks, credit unions, ...
The Fed’s moves on interest rates aren’t just about Trump’s pick for chair. Here’s the math.
The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...