FedEx pilots reject 30% pay hike proposal, but a strike isn't imminent
Pilots for FedEx have rejected a tentative labor deal. But that doesn't mean they're about to walk off the job just as UPS is threatened with its own strike by 340,000 drivers and other hourly ground workers.
2023-07-25 05:47
FedEx pilots reject tentative deal, supervised talks likely
FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will
2023-07-25 01:49
Fed fines UBS $268.5 million for Credit Suisse missteps with Archegos
WASHINGTON The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse's
2023-07-24 23:49
What's ahead this week for Wall Street and the economy
A bevy of possibly market-moving events are in store for investors this week.
2023-07-23 19:58
US banks' reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK A feared liquidity drainage in the U.S. banking system as the Treasury refills
2023-07-22 02:24
A new instant payment system may be coming to a bank near you
When it comes to getting paid — and paid back — most people and businesses want their money as quickly as possible.
2023-07-21 00:25
Fed fines Deutsche Bank $186 million and threatens further action
The US Federal Reserve hit Deutsche Bank with a $186 million fine Wednesday for failing to fix "unsafe and unsound practices" that it pledged to address as long ago as 2015.
2023-07-20 19:21
Analysis-Fed's top regulatory official faces uphill battle to overhaul bank capital
By Pete Schroeder WASHINGTON A plan by the top U.S. banking cop to make the sector more resilient
2023-07-20 18:18
A new normal, with a side of the old, has kept Fed's 'soft landing' in play
By Howard Schneider WASHINGTON Ford Motor's announced price cut this week for the electric version of its F-150
2023-07-20 18:17
Fed set to launch long-awaited instant payments service, modernizing system
By Hannah Lang The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim
2023-07-20 12:22
Fed fines Deutsche $186 million for slow progress in money laundering curbs
By Pete Schroeder and Chris Prentice WASHINGTON The Federal Reserve said on Wednesday it fined Deutsche Bank and
2023-07-20 00:45
FedEx appoints new CFO
(Reuters) -FedEx Corp on Monday appointed former CEO of Atlas Air Worldwide John Dietrich as chief financial officer, effective Aug.
2023-07-18 02:55