Banking Industry

The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.

By Alan Rappeport and Maggie Haberman

Interest rates have been falling, but deposits are earning more than inflation.

By Ann Carrns

Western countries are confronting demands for trillions of dollars to fight climate change and to cope with its worsening effects.

By Max Bearak

Mr. Hwang was convicted in July for his role in the collapse of his investment firm that caused roughly $10 billion in losses for several Wall Street banks.

By Matthew Goldstein

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

By Jeanna Smialek

Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

By Talmon Joseph Smith

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

By Jeanna Smialek and Danielle Kaye

Howard Lutnick, co-chair of the president-elect’s transition team and a Wall Street financier, is leading the search for appointees while still running his businesses.

By Kate Kelly and Kenneth P. Vogel

The vice president vacillated on how to talk about the economy, and ended up adopting marginal pro-business tweaks that both corporate and progressive allies agreed made for a muddled message.

By Nicholas Nehamas and Andrew Duehren

President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.

By Danielle Kaye