Banking & Finance
The latest coverage of the banking and financial sectors.
Stocks and oil prices keep yo-yoing on uncertainty about when the war with Iran will end
Hopes for a possible end to the war with Iran are pushing stocks higher again on Wall Street Wednesday, while oil prices ease.
Trump loosens restrictions on community banks to give more people access to home mortgages
President Trump on Friday directed bank regulators to loosen restrictions that made it difficult for community banks to offer mortgage loans, expanding his push to improve home affordability ahead of the midterms.
Calm returns to U.S. stocks as Wall Street waits for another signal on how long Iran war may last
The U.S. stock market is calming on Tuesday as Wall Street waits for the next signal on when the war with Iran may end.
Trump’s ‘roaring’ economy meets a rough start to 2026: What the latest numbers show
President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America’s future.
U.S. sees unexpected loss of 92,000 jobs in February; unemployment rate rises to 4.4%
The U.S. shed 92,000 jobs during February, a surprising downturn after a positive start to the year that complicates the political picture for President Trump as economic worries rise alongside the Iran war.
Wall Street holds steadier as oil prices stop surging, for now
The U.S. stock market is holding steadier Wednesday following two days of punishing swings driven by worries about how high oil prices will go because of the war with Iran.
Wall Street opens down again amid fears of higher oil prices, wider conflict in Middle East
Stocks on Wall Street opened sharply down Tuesday as investors digested surging oil prices and the realization that the U.S.-Israeli war with Iran is likely deepening instead of abating after days of military strikes.
Wall Street opens in negative territory in the first trading day since strikes on Iran
U.S. stocks fell on Monday as fears of a widening conflict in the Middle East took hold, driving oil prices higher.
U.S. stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
U.S. stocks are sinking Friday as Wall Street gets back to hunting and punishing companies that could be made losers by the artificial-intelligence revolution. A surprisingly discouraging update on inflation is also hurting the market, while oil prices climb with worries about tensions between the United States and Iran.
Senate Democrats tell Treasury to refund tariff money immediately
Senate Democrats are telling the Trump administration to stop “stonewalling” and refund money collected under a tariff structure the Supreme Court deemed illegal.
Commerce Secretary Lutnick meets with Indian trade official after Supreme Court tariff ruling
Commerce Secretary Howard Lutnick met Thursday with India’s trade minister, a sign the countries remain engaged after a Supreme Court ruling upended President Trump’s tariff playbook.
Trump team outlines plans for ‘durable’ tariffs without Congress
The Trump administration said Wednesday it will reconstruct its trade system with “very durable” duties that penalize nations for unfair practices, one day after President Trump told Congress that import levies would remain front and center in his midterm-year economic agenda.
Tech leads a split U.S. stock market ahead of Nvidia’s profit report
Nvidia is helping to lead a split U.S. stock market on Wednesday, ahead of the chip company’s highly anticipated profit report coming after trading ends for the day.
FedEx sues for refund after Supreme Court strikes down tariffs
FedEx has filed a lawsuit seeking a full refund of the money it paid to satisfy President Trump’s tariffs, making it the first major company to seek redress after the Supreme Court struck down certain levies.
U.S. stocks dip after Trump ramps up his tariffs
U.S. stocks are falling Monday after President Donald Trump took little time to ramp up his newest tariffs, but Wall Street is remaining much more calm than it did during last year’s tariff- and panic-driven swings.
