Organization Root Tag

The fund is designed to generate a financial return, as well as Community Reinvestment Act credit, for TD. Its inaugural investment is in a mixed-use project that will include 49 affordable housing units.

The ongoing government shutdown prevented the Bureau of Labor Statistics from releasing its September jobs report Friday, but job growth appears to be softening. The lack of reliable government data comes as the Federal Reserve mulls further interest rate cuts. 

A recent Federal Reserve ruling makes it possible for banks to accept cryptocurrency as collateral for private transactions. It's an important step toward integrating digital assets into the financial system.

College sophomores are applying for jobs before they've even taken a finance class. Goldman Sachs CEO David Solomon says he dislikes the process, but doesn't have the power to change it.

Jennifer Taylor at Citibank and Jodi Richard at U.S. Bank are driving a rethinking of how to tackle the risks banks face using technology.

The payments company is opening its real-time payments network, Visa Direct, to stablecoins through a prefunding pilot that will allow businesses to move money across borders when banks are closed.

Two large companies' announcements that they're laying off thousands of people they've deemed not AI-savvy have drawn mostly negative reactions. 

The credit scoring agency's rollout comes after years of criticism from home lenders over its prices, with delivery costs rising over 40% in the past year.

The Consumer Financial Protection Bureau will delay its small-business lending data rule by a year, citing litigation and plans to rewrite the regulation in the interim as reasons for the delay.

A flurry of product launches are designed to keep the payment company's merchants in-house by making it easier to deploy artificial intelligence-driven payments and stablecoins.

As the government shutdown stalls key housing programs, lenders are shifting tactics to keep loans moving and preparing for bigger challenges ahead.

Department officials pushed back on criticism that a banner on its homepage violated a statute meant to curb partisanship in government operations.

The fintech Versatile Credit lets merchants provide point-of-sale credit to consumers in all FICO ranges.

The Supreme Court said Wednesday that it would defer President Donald Trump's request for a stay until after oral arguments scheduled for January 2026, allowing Federal Reserve Governor Lisa Cook to remain on the board at least until then.

Hill, who has been serving as acting chair since January, has steered the agency toward deregulation and away from Biden-era priorities, with strong backing from big banks.

Michelle Bowman, the Federal Reserve's vice chair for supervision, is focused on reforming the central bank's oversight apparatus.

Duckett, who's on a mission to help Americans save for retirement, said that "guaranteed income isn't a luxury, it's a necessity."

A longtime focus on alternative investments positioned this asset-management heir to benefit from the recent surge of consumer interest in crypto and a relaxed regulatory regime.

With a shift toward financial-planning advice and banking, the brokerage-house leader hopes to grow her firm faster.

Marrs runs Amex's second largest business by revenue and card member spending.