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 ...

With the Federal Reserve giving major financial institutions high marks in its annual stress tests, several large banks ...

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

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

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

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

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 ...

Financial markets have revised their expectations for interest rate cuts by both the Federal Reserve and the Reserve Bank of ...

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