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. Big banks, business groups sue US ...

Groups representing banks and businesses, including the Bank Policy Institute, have filed a lawsuit on Tuesday against the Federal Reserve for violating federal law with the "opaque aspects of the ...

AUD/USD falls to a two-year low amid a hawkish Federal Reserve and domestic economic concerns highlighted in the Reserve Bank ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Minutes of the Reserve Bank’s most recent meeting suggest inflation pressures are easing faster than expected, in good news ...

The Canadian dollar steadied against the U.S. dollar on Monday, clawing back its earlier declines, as investors weighed ...

Federal Reserve minutes reveal strong support for a September rate cut, boosting silver's appeal amid lower yields. Silver remains above 50-day moving average; a catalyst like Powell's speech ...

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.

Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a ...

Australia’s central bank is more confident that inflation is moving sustainably toward target but it’s still too soon to ...