A lawsuit is expected this week and could come as soon as Tuesday morning, a person familiar with the matter said.

Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable ...

Michael Nagle/Bloomberg via Getty Images Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in some of the first comments ...

After projecting fewer cuts to the fed funds rate in the new year, Federal Reserve officials struck an optimistic tone in the wake of new inflation data Friday. Central bankers released their ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

Illinois bankers notched a major victory in their challenge against a first-of-its-kind state law limiting interchange fees on credit and debit transactions, convincing a Chicago federal court to ...

Chicago Federal Reserve President Austan Goolsbee still think interest rates are too high for the good of the U.S. economy. But he said it will probably take longer to reduce them to what he ...