Former Federal Reserve Vice Chair Alan Blinder discusses the central bank's decision to raise interest rates at a ninth straight meeting. The …
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Former U.S. Treasury Secretary Lawrence Summers says the Federal Reserve should raise its benchmark interest rate by a 0.25 percentage point a…
This week has been a whirlwind for markets on worries that banks may be bending under the weight of interest rates hikes.
The nation's biggest banks are close to agreeing upon a plan to deposit about $30 billion with First Republic Bank to stabilize the California…
Former U.S. Treasury Secretary Larry Summers warns of very substantial consequences if regulators don't work through the issues that contribut…
Bloomberg's Sally Bakewell looks at what could happen to Silicon Valley Bank now that the Federal Deposit Insurance Corp. has taken over as receiver.
US initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed. Mike McKee takes a look…
President Joe Biden is set to propose hiking payroll taxes on Americans and giving the government more power to negotiate drug prices as part …
Stocks rallied Friday to send Wall Street to its best day in six weeks.
Stocks rose Thursday for their first gain in three days, even as bond yields climbed to tighten the squeeze on Wall Street.
Stocks steadied themselves Monday following Wall Street's worst week since early December.
Former US Treasury Secretary Lawrence H. Summers tells us why he believes leading indicators signal a risk of a sharp drop off in economic act…
Another cold reminder that inflation remains hotter than hoped sent Wall Street skidding Friday, and stocks closed out their worst week since early December.
Stocks climbed Thursday after a see-saw day on Wall Street to break out of their longest losing streak since December.
Stocks tumbled to their worst day in two months Tuesday.
EU Commission Executive Vice President Valdis Dombrovskis says Russian sanctions are working. Speaking with Maria Tadeo on "Bloomberg Surveill…
While President Biden defended the downing of a supposed Chinese spy balloon in a public address Thursday, Chinese officials questioned the US…
LeBron James overtook Kareem Abdul-Jabbar as the player with the most career regular-season points in National Basketball Association history.…
Federal Reserve Chair Jerome Powell said Tuesday that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects.
James Ashley, Head of International Strategic Advisory Solutions at Goldman Sachs Asset Management discusses his global markets outlook coveri…
Call of caution on Wall Street. Many major strategists say the recent rally could be over. Morgan Stanley's Mike Wilson says markets will end …
Wall Street's big rally to start the year wilted on Friday after a surprisingly strong jobs report fueled worries about inflation and higher interest rates.
US payrolls rose more than expected with a gain of 517,000 in January, while the unemployment rate dropped to 3.4%, the lowest since May 1969.
Taimur Khan, Head of Research, CBRE, discusses his 2022 real estate report findings and Dubai's booming residential and commercial markets. He…
Wall Street's bang to start the year got even bigger Thursday as tech stocks and a surge for Facebook's parent company led the market higher.