A federal judge has struck down the Department of Labor’s rule on retirement advice that classified more financial professionals as fiduciaries. The rule met with fierce opposition from the financial ...

Stock indexes in the U.S. decreased Wednesday with the falling 1.63%. Meanwhile, the declined 1.46%, and the declined 1.36% ...

Investors' rate-cut hopes are fading. A hotter-than-expected reading on wholesale inflation Wednesday morning combined with an uncertain outlook from Fed Chair Powell pushed investors to increase the ...

Eijroghene Okuma, who has already been barred by regulators from the industry, allegedly used the stolen funds to build a ...

Chair Jerome Powell’s comments on future rate cuts have triggered a minor tantrum in fixed income. The 2-year yield has moved to its highest point for the day at 3.746%, a swift reversal after yields ...

Edward Jones ranked highest in overall satisfaction among advised investors, while SoFi got top marks from self-directed investors, according to consulting firm J.D. Power’s annual customer ...

Investors have become anxious about problems emerging in private credit, and some asset managers are limiting redemptions ...

Powell said that he will stay at the Fed while the Justice Department investigation is ongoing. "I have no intention of leaving the board until the investigation is well and truly over with ...

The Fed has penciled in higher inflation this year—and not all of that is due to the estimated fallout from higher oil prices. Higher oil prices are part of the reason the Fed estimated that headline ...

Powell said in his opening statement Wednesday that the FOMC decided to leave interest rates unchanged because the current stance was "appropriate" to balance maximum employment and 2% inflation goals ...

The Trump administration may waive the century-old Jones Act—a maritime law that requires all vessels carrying goods between ...

The Fed is unlikely to signal major changes to its $6.6 trillion balance sheet today. The central bank knew that there could be a liquidity crunch risk going into the tax payment period in April, when ...