One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
Annaly submitted better than expected Q4'24 earnings and the spread picture continues to improve in FY 2025. Read what makes ...
Asian shares were mostly lower Wednesday as markets mulled the impact of tariffs being imposed by the United States and China ...
Democratic lawmakers protested Elon Musk’s sweeping influence over the government with protests, proposed legislation and ...
The commercial banking operation is Citi's most unique business, as its global footprint is hard to replicate. This international presence will help Citigroup remain a bank of choice for cross-border ...
Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
Consumer surveys by the University of Michigan and the Conference Board show that Americans expect inflation to get worse, ...
The 5-20 year laddered strategy fared better than its benchmark, the Custom 33% Bloomberg 5-10 Year Treasury Index + 67% Bloomberg 10-20 Year Treasury Index, for the quarter.
The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...
Small lenders beset by the fallout from high interest rates took losses in the fourth quarter when they unloaded ...
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...
China has the second largest sovereign wealth fund in the world at $1.3 trillion and it has over $16 trillion in debt.