Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...

The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...

Shares of Citigroup Inc. C rallied 3.41% to $93.09 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.54% to 6,297.36 and the ...

JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...

Thursday closed up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.74%. September E-mini S&P futures (ESU25) rose +0.59%, ...

Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.

The Genius Act, which passed in the Senate last month with broad bipartisan support, would create rules of the road for the $250 billion market for stablecoin, a type of cryptocurrency. The bill is ...