Engaging the poor and working class as active consumers who require financial services is the best way to stabilize the US economy, says one author.» Read More
Paychex and Citigroup are in the news after the bell Wednesday
Continued improvement in home prices accounted for most of the improvement in financial stress levels, according a PNC Financial index.
A new report finds that financial institutions are doing a much better job than retailers when it comes to credit card security.
US Treasurys gained after inflation data came in as expected and amid strength in German government debt and overnight demand for safe-haven US debt.
U.S. stock index futures signaled a weaker open on Wall Street on Thursday, ahead of another wave of key fourth-quarter earnings.
Some of Friday's midday movers:
Regulators are zeroing in on the mega-asset managers, which have largely been absent from the recession blame game—until now.
CNBC's October Fed survey sees the central bank buying about $650 billion of assets next year, up from $381 billion in the September survey.
With a deadline hanging over Congress, stocks could be whipped by headlines from Washington but should ultimately be able to limp through the drama.
Talking Squawk looks at our big interviews with Daryl from "The Walking Dead", Jack Welch, Jim Chanos and T. Boone Pickens. Plus, we debate the merits of megayachts versus kayaks.
The more accommodating stance being taken by Iran’s new president, if genuine, could result in lower oil prices by reducing Middle East tensions.
This could be a sign that the student loan bubble is starting to burst.
Banks are increasingly rolling out new fees for what was once at the core of the banking experience: interacting with a teller.
U.S. prosecutors said Thursday they have launched the country's largest hacking fraud case and charged six men with credit card theft.
U.S. stock index futures turned slightly positive Wednesday after Fed Chairman Ben Bernanke reiterated the central bank's plan to start paring back its bond-purchase program later this year, but said that could change if the economic outlook shifted.
Fed Chairman Ben Bernanke is not likely to say much new when he testifies before Congress Wednesday, but even so, he could rock the markets.
While 92 percent currently use a bank, nearly half of adults under age 34 say they use prepaid cards, check cashing, pawn shops and payday loans, a new survey says.
The prospect of better economic growth and higher interest rates may already be priced into bank stocks, one analyst says.
An obscure London firm may determine whether Jamie Dimon keeps his dual role as chief executive and chairman of JPMorgan Chase.
A big earnings upside from rising home prices would put Citi in line with healthier mortgage banks. TheStreet.com reports.