New York Fed President John Williams had markets on skates after he made remarks that referred to academic research but were interpreted as signaling for the Fed's next move on rates.
Wells Fargo said expenses for 2019 will be near the "high end" of its previously given estimates as it continues to spend on compliance and risk management.
Citigroup beat estimates with some help from its consumer cards business and a trading platform's IPO, but can other big banks rely on the same help in their earnings this week?
Federal Reserve Chairman Jerome Powell told Congress Wednesday that a solid June jobs report has not moved the needle too much for the Fed, hinting that a rate cut is very much still on the table.
Top Democrat Maxine Waters told Yahoo Finance she wanted to reassure markets of the Fed's independence in her line of questioning with Fed Chairman Jerome Powell on Wednesday.
Banking regulators said large banks will not get an exemption from the Volcker rule, months after Yahoo Finance reported that large banks were consulting with a former Trump regulator on a possible workaround.
Fed Chairman Jerome Powell is headed to Capitol Hill for back-to-back days of testimony, in which he could push back on the idea of rate cuts coming in the July 31 meeting.
President Donald Trump wants a weaker dollar, but there are questions as to how he could devalue the nation's currency and whether or not the Fed would be willing to help out.
A strong June jobs report has eased expectations for a 50 basis point rate cut in the Fed's July 31 meeting, but the central bank's focus on inflation raises questions about the importance of the new employment numbers.
On Tuesday night, President Donald Trump nominated Christopher Waller, a St. Louis Fed official, for a post at the Fed. Fed watchers say he is the "conventional" pick.
Judy Shelton, who served as an economic adviser during the Trump transition, has tweaked the tenor of her monetary policy views in the weeks leading up to President Trump's tweet announcing his intention to nominate her to a post at the Fed.
Fed Chairman Jerome Powell has a message for the White House on Tuesday morning: political influence inflicts "damage" on the central bank.
Dallas Fed President Robert Kaplan says the Fed should continue to wait before making rate cuts, saying that cutting rates could build up leverage in the financial system.
The Fed released the first round of stress tests for this year, showing that banks have cleaned up their balance sheets. But regulatory changes meant fewer banks were tested this year.
Minneapolis Fed President Neel Kashkari advocated for a 50 basis point rate cut in Wednesday's policysetting meeting.
The Federal Reserve did not move on rates at the conclusion of its policysetting meeting June 19, but committed itself to acting “as appropriate to sustain the expansion.”
President Trump tweeted Tuesday that the European Central Bank is "unfairly" devaluing its currency by hinting at lower rates, indirectly challenging the Federal Reserve to do the same.
The Fed could drop the word "patient" in its policy meeting concluding June 19, setting the scene for future rate cuts amid uncertainty over trade and weaker economic data.
Fed Chairman Jerome Powell will face a tough challenge in the June 19 policysetting meeting: promising nothing but reassuring markets that the Fed stands ready to support the economy.
Charlotte, North Carolina is the focal point of a brewing war between the big banks, as BB&T and SunTrust merge and giants Chase and U.S. Bank move in.