AGNC is a mortgage real estate investment trust (REIT) that holds a portfolio of agency mortgage-backed securities (MBSes).

Valero Energy Corp said on Wednesday it was taking a $1.1 billion pre-tax impairment related to its California refineries and ...

Stocks were on track to book sharp losses Wednesday, extending declines after Federal Reserve Chair Jerome Powell reinforced that the central bank is in no hurry to deliver an interest-rate cut as it ...

This imitation of Japan’s exchange-rate policy has seen many other countries’ central banks amass “war chests” of dollar ...

The one certainty for Federal Reserve policymakers at the moment is that there is a high level of uncertainty about the US economic outlook.

Consumers aren't likely to see an interest rate cut in March. But economists still say a few more rate cuts could take place ...

(Reuters) - The Federal Reserve said on Friday it generated a smaller loss on its operations last year than in 2023 as its ongoing work to contain inflation kept its books in the red. The U.S ...

I continue to hold out hope that the administration, the Supreme Court, they don’t want an economic recession,” says legal ...

To do that, the Federal Reserve books its losses as an asset. It manages to keep a straight face with central banking dignity while it explains that its losses are a so-called “deferred asset.” Most ...

rising inflation expectations was a key factor that Fed officials pointed to that would force them consider hiking interest rates, according to a declassified document detailing policy alternatives, ...

Musician Ringo Starr opens up to PEOPLE in this week's issue about why he still loves touring and his new country album 'Look Up.' ...

The S&P 500 could slump to 4,700, a further 7%-8% decline from Friday's close, if President Donald Trump sticks with his ...