Wall Street closes out a milestone year with major indexes poised for substantial gains despite late-year slump.

Stay updated on the latest stock market news. Despite a strong year, the market ends with declines in Big Tech companies.

With tens of billions of federal dollars on the table and an incoming administration bent on cutting health care spending, New York’s hospitals are bracing for a bitter winter and beyond.

A group of banks and business organizations on Tuesday sued the Federal Reserve over the framework of its annual bank stress tests. The lawsuit, filed in an Ohio court, comes one day after the Fed ...

Groups representing banks and businesses, including the Bank ... Express logo on various credit cards and debit cards are seen beside $1 bills. A lawsuit was filed against the Federal Reserve ...

Trade groups representing the country’s biggest banks sued the Federal Reserve on Tuesday, accusing it of using an opaque process to test banks’ resiliency during annual stress tests.

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law. The lawsuit filed in U.S. District ...

Dec. 24 (UPI) --A group of banks and financial organizations sued the Federal Reserve Tuesday over a lack of transparency in its annual stress tests. The Bank Policy Institute, which represents ...

The United States Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design ...

Joseph Sternberg wonders what the Federal Reserve is thinking (“Does the Fed Even Know What It’s Trying to Do?” Political Economics, Dec. 20). The problem is that the Fed believes it knows ...

The Federal Reserve Bank of New York’s plan to conduct additional liquidity operations through the end of the year will provide needed support at a time when funding markets tend to be volatile ...

That is what Jay Powell asserted last month when asked whether Federal Reserve officials incorporated ... when the media tells them that the central bank has cut interest rates, the cost of ...