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"I expect a major correction in commercial real estate is already underway," said Adam Posen, president of the Peterson Institute for International Economics.
The U.S. trade deficit in goods rose less than 1% in February while inventories rebounded, potentially adding strength to gross domestic product in the first quarter.
Despite the recent bank panic, a recession in the U.S. is still not the most likely outcome, according to experts in Washington.
Deposits at U.S. small banks fell 1.9% in the latest week, the Federal Reserve reported Friday, amid the fallout from the failure of Silicon Valley Bank.
President Biden signed an executive order in 2022 to research a central bank digital currency, but the U.S. government has not stated plans to create one.
Here are five key questions to ponder after Fed Chairman Jerome Powell's press conference on Wednesday.
The Federal Reserve moved ahead Wednesday with another interest-rate hike, but the central bank penciled in only one more rate hike this cycle.
The European Central Bank raised its benchmark interest rate by 50 basis points on Thursday. Will the Federal Reserve follow suit?
The Federal Reserve will either pause interest rates or hike rates by 25 basis points at its meeting Wednesday. Here are the pros and cons of each move.
Here are the events that led up to the collapse of Silicon Valley Bank, which caused the government to put in place an emergency backstop for all banks.
The European Central Bank plows ahead with half-point rate hike despite banking worries, but signals future moves will depend on data.
Here's a look at how SVB's collapse rippled through global financial and commodity markets.
Asian stock markets rebounded Wednesday after Wall Street stabilized following sharp declines for bank stocks and U.S. inflation eased but stayed high.
The February consumer price report for February was not good enough to stop the Federal Reserve from hiking next week, many analysts believe.
Asian shares declined Tuesday, as investors around the world continued to be rocked by worries about what's next to break, following the second- and third-largest bank failures in U.S. history.
President Joe Biden spoke about the steps taken over the weekend to protect the U.S. banking system and the economy.
Asian shares were mixed Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world.
Washington is watching the woes at Silicon Valley Bank but sees the current troubles as unique, a leading expert on bank regulation said.
Asian stock markets followed Wall Street lower Friday ahead of an update on U.S. employment amid worries about possible further interest rate hikes
Federal Reserve Vice Chair for Supervision Michael Barr on Thursday said the Fed's recent moves to safeguard banks from crypto isn't anti-innovation.
Asian stock markets were mixed Thursday after Wall Street steadied following a plunge on worries about more U.S. interest rate hikes.
The U.S. dollar bounces back, with a closely followed index hitting a 2023 high, as Federal Reserve Jerome Powell signals rates will move higher than anticipated.
Federal Reserve Chair Jerome Powell stressed Wednesday that no decision has been made on the size of a potential interest rate hike in March.
Asian shares were mostly lower Wednesday as investors fretted that the Federal Reserve might raise interest rates faster if pressure stays high on inflation.
Federal Reserve Chairman Jerome Powell opens the door to bigger interest rate hikes and a higher peak for rates, sending a shock through markets Tuesday.
