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Democratic Sens. Elizabeth Warren (D-Mass.) and Jack Reed (D-R.I.) sent a letter Tuesday to the Treasury Department's Office of Financial Research (OFR) expressing concern about the office's failure
The U.S. central bank most likely has one more interest rate rise ahead of it as it continues to work to lower high inflation, Atlanta Federal Reserve President Raphael Bostic said on Tuesday, Reuters
Banks are turning to an obscure government-linked lender to shore up their balance sheets following the industry’s rockiest period in years, the Wall Street Journal reported. The Federal Home Loan
Celebrities who promoted FTX, including NFL quarterback Tom Brady and comedian Larry David, said an investor lawsuit seeking damages in the wake of the cryptocurrency exchange's collapse should be
With the City of Highland Park, Mich., on the losing end of 10 years worth of litigation with the Great Lakes Water Authority over unpaid water and sewer bills and $19 million hanging in the balance
The U.S. Securities and Exchange Commission yesterday charged cryptocurrency exchange Bittrex Inc. and its former CEO William Shihara with operating an unregistered national securities exchange
The head of the U.S. Securities and Exchange Commission (SEC) plans to defend its rulemaking and policing of market misconduct at a hearing today led by Republican lawmakers who have accused it of
Canadian Pacific Railway Ltd. has emerged as an unlikely target for a few distressed-debt investors. It wasn’t because of the railroad operator’s creditworthiness, but rather because rising interest
Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation expectations data as a tool to divine real world price pressures, a Cleveland Fed report released on Monday
Few U.S. banks protected themselves against rising interest rates during the Federal Reserve’s monetary-tightening campaign last year, according to a research paper that says unhedged securities