
Fed Governor Waller Backs Quarter-Point Interest Rate Hike at Next Meeting
Federal Reserve Governor Christopher Waller said Friday he favors a quarter percentage point interest rate…

JPMorgan tops estimates for fourth-quarter revenue
On Friday, JPMorgan Chase reported a record profit and revenue for the fourth quarter as…

Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse.
On Tuesday, U.S. banking regulators warned that dealing with cryptocurrency exposes financial institutions to a…

FTX diverted $200 million of customer money for two venture deals that caught the SEC’s attention
According to the Securities and Exchange Commission, $200 million of the billions of dollars in…

How the Federal Reserve affected 2022′s stock market
The Federal Reserve has emerged as the largest stock market force over the past century.…

Goldman Sachs is planning to cut up to 8% of its employees in January
'Goldman Sachs,' the storied investment bank, plans to cut up to 8% of its employees…

Austan Goolsbee has been chosen as the next president of the Chicago Fed.
The Chicago Federal Reserve will appoint economist Austan Goolsbee as its new president early next…

‘We don’t lay off employees,’ says Bank of America CEO
In the aftermath of the 2008 financial crisis, Brian Moynihan contributed significantly to the restructuring…

Goldman Sachs paid $12 million to female partner to settle sexism complaint, Bloomberg reports
Bloomberg reported Tuesday that Goldman Sachs paid more than $12 million to a former female…

The Bankrupt Cryptocurrency Lender Voyager Will Sell Its Assets For $1.4 Billion To Sam Bankman-Fried’s Ftx
FTX, the bitcoin exchange founded by billionaire Sam Bankman-Fried, will take over Voyager Digital's assets…