The Latest Breaking News on Financial Services

The examiner would likely produce a large and independent report from a perspective the trustee describes as a "true neutral."

A crackdown on rogue lenders will protect vulnerable consumers struggling to make ends meet, advocates say.

More than 16 million people had already been approved for student loan debt relief by the Education Department when a federal judge in North Texas struck down the plan last month.

WASHINGTON — The Supreme Court on Thursday refused an emergency appeal to immediately revive President Joe Biden’s student loan forgiveness plan, but agreed to rule early next year on its legality.

With inflation showing signs of slowing down and the momentum of consumer spending expected to continue beyond the holidays, fundamentally strong grocery stocks Kroger (KR), BJ’s Wholesale (BJ), Casey (CASY), and Weis Markets (WMK) could be solid investments now. Keep reading….

Austan Goolsbee, an economics professor at the University of Chicago who is a frequent commentator in opinion columns and television appearances, will succeed Charles Evans.

WASHINGTON — The Supreme Court on Thursday refused an emergency appeal to revive President Joe Biden’s student loan forgiveness plan, but agreed to rule early next year on its legality.

Republican-backed legal challenges have blocked president’s plan as fate rests with nation’s high court

Amid high prices and aggressive rate hikes, consumer confidence has declined for November. Moreover, several banks expect volatile economic conditions for 2023. Also, a recession hitting the U.S. economy seems likely in the coming year. Therefore, investors might avoid fundamentally weak stocks Carvana (CVNA), Opendoor Technologies (OPEN), and Skillz (SKLZ).…

Austan Goolsbee, who was a top economic adviser to President Barack Obama, has been chosen as the next president of the Federal Reserve Bank of Chicago, the regional Fed bank announced

The move comes as an outside review by a former judge, Patricia Brown Holmes, wrapped up, and the agency hires its third leader since June 2021.