Boston Fed's Collins warns interest rates may need to remain restrictive for an extended period, potentially rising further if inflation persists.

The U.S. Department of Justice is investigating potentially suspicious trading activity linked to recent volatility in oil markets.

The U.S. Department of Justice has launched an investigation into potentially suspicious trading activity associated with recent volatility in oil markets.

Stegra secures €1.5 billion in credit lines to help complete what is projected to be the world's largest green-steel plant, alongside recently obtained equity funding.

Stegra has reached an agreement with creditors to access approximately €1.5 billion ($1.8 billion) in undrawn credit lines, which, combined with recent equity funding, will facilitate the completion of what is expected to be the world's largest green-steel plant.

The US House Financial Services Committee is considering a bill to amend the Federal Reserve Act, aiming to eliminate the central bank's dual mandate in favor of a singular focus on price stability.

The US House Financial Services Committee is considering legislation to amend the Federal Reserve Act, which would remove the dual mandate and require the central bank to focus exclusively on price stability.

Arm and its majority owner SoftBank have approached AI computing firm Cerebras regarding a potential acquisition ahead of the company's planned initial public offering.

Arm and its majority owner SoftBank have approached AI computing firm Cerebras regarding a potential acquisition ahead of the company's planned initial public offering.