In a Bank of America Global Research Report, economist Shruti Mishra outlines where the payroll, unemployment and wage ...

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

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

Bank of America ( NYSE: BAC) is planning to boost its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 ...

Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, ...

Discover Bank of America's robust stress test results, Q1 progress, and growth potential. Read my analysis of BAC stock.

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

The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.

Independence Day is a federal holiday. Many services and retailers may operate at limited hours or be closed. Will banks be ...

Federal banking agency job cuts and a deregulatory push have again stoked conversations around consolidation. Merging agency ...

Chase Bank is closing all of its 4,700 branches nationwide this Friday, July 4, in observance of Independence Day. The move ...

Ms. Shelton, a monetary economist, is a senior fellow at the Independent Institute and author of ‘Good as Gold: How to ...