Capital One was sued by the Consumer Financial Protection Bureau ... The lawsuit comes at a time when savers have benefitted from the Federal Reserve's decision to ratchet interest rates, part of its effort to fight soaring inflation.

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

Federated Hermes Inc. (NYSE:FHI), a prominent investment management firm, faces a complex market environment as it navigates challenges in its long-term product offerings while capitalizing on growth opportunities in its money market funds (MMFs).

The Fed meets this week, but the probability of another cut at Wednesday's meeting seems low amid elevated inflation and growth data, said Matt Fabian, a partner at Municipal Market Analytics.

The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state of the economy and the outlook for rates.

The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.

DeepSeek is more of a ‘gray swan’ — with consequences for both the market and the Federal Reserve, says strategist Ed Yardeni.

Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of who’s been confirmed.

(Reuters) -Wells Fargo said on Tuesday a U.S. regulator has terminated a 2022 punishment, bringing it a step closer to having the $1.95 trillion asset cap imposed on the bank removed.

Global AI competition is heating up, with disruptors like DeepSeek challenging US tech giants. Read why EPD and UNP stocks are perfect for income investors.

Arizona is moving ahead with a new bill that would make way for the state to establish a strategic Bitcoin reserve. On January 27, the Arizona State Senate Finance Committee passed the Strategic Bitcoin Reserve Act,

US Federal Reserve has a dual mandate to act independently and keep inflation and employment in check, primarily by raising and lowering short-term interest rates