Federal Reserve officials raised rates 75 basis points and forecast a further 1.25 percentage points of tightening before year end.
Judge rejects Amy Cooper's suit against Franklin Resources in which she claimed racial and sexual discrimination and defamation.
The decision to raise rates was unanimous and officials forecast they would reach 4.6% in 2023.
The bank remains committed to turning itself around after a series of scandals, but implementing all its plans will take time, Scharf said in prepared testimony for a congressional committee hearing.
When the bank replaced hard drives and servers, it improperly disposed of thousands of devices, compromising the personal data of about 15 million clients.
Investors are bracing for volatility from the jumbo Federal Reserve interest-rate hike expected Wednesday to fight price pressures.
At midyear, the bank’s own internal forecast estimated the business would post a record loss of more than $1.2 billion this year.
A pair of exchange-traded funds would analyze the financial disclosure of lawmakers from both parties and their spouses and dependent children.
The billionaire founder of Bridgewater Associates says private sector credit growth and spending to come down.
The asset manager's initial lineup includes the Ultra Short Income and Tax-Aware Short Duration Municipal ETFs.
