China’s top anticorruption agency is investigating a senior Chinese central banker for suspected leaking of official economic statistics, say people with knowledge of the matter, after Beijing criticized the central…

Wells Fargo & Co. CEO Charlie Scharf said Tuesday there was “no question” that the U.S. is headed for an economic downturn. The Federal Reserve has raised rates twice this…

New York CNN Business  —  The average price for gasoline in California hit $6 a gallon Tuesday for the first time – and analysts at JPMorgan are warning that price…

As aggressive as the path for U.S. monetary policy tightening appears right now, one Federal Reserve governor doesn’t believe the central bank faces a world as ugly as when it…

The plunging value of bitcoin has hurt investors in cryptocurrency everywhere. The stakes are especially high in El Salvador, the indebted Central American country whose president has spent hundreds of…

Facing pressure to cut all ties with Russia—Ukrainian President Volodymyr Zelensky made another such exhortation this week—some U.S. companies continue to employ information technology staff in the region, even as…

Federal Reserve Bank of Cleveland President Loretta Mester said the U.S. central bank needs to press forward with aggressive rate rises, and that by early fall it may be able…

Traders’ flight from risky investments has halved the price of bitcoin and other cryptocurrencies, wiping out more than $1 trillion worth of digital money since November. Wild swings are fairly…

The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin. Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of…

Lorie Logan, who manages the Federal Reserve Bank of New York’s massive holdings of securities and cash, will be the new president and chief executive of the Federal Reserve Bank…