Independence Day, celebrated on July 4, is a federal holiday observed by the Federal Reserve, meaning most banks in the U.S.

Citigroup (NYSE:C) plans to raise its quarterly dividend 7.1% to $0.60 per share from its current level of $0.56, it said on Tuesday, as the result of its 2025 Federal Reserve stress test. The company ...

Gold is expected to sink back below $3,000 an ounce in the coming quarters as a record-setting run peters out, according to ...

Juneteenth is the longest-running African American holiday, and it became a federal holiday a few years ago. Here's what's ...

Citi lowered its short-term and long-term price targets for gold, projecting prices could drop below $3,000 per ounce by late 2025 or early 2026, driven by declining investment demand and an improving ...

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...

JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current ...

All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.

Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

The Federal Reserve left interest rates at their current levels as the central bank continued to assess the impact of President Donald Trump's tariffs on the U.S. economy. The federal funds rate ...

The Fed's economic forecasts revealed that a bout of stagflation could become the economic story of the summer.