Investments

Besides upsizing the IPO, Figure's announced its technology is supporting Longbridge Financial's senior-specific home equity line of credit rollout.

Investors are anticipating the annual preliminary benchmark revision of US payrolls data. Further signs of softening could further raise expectations for Fed easing.

The purchase of Crestline bolsters Rithm's goals to grow the asset management side of its business and comes after previous hints of an insurance-related deal.

The US 30-year yield climbed as much as four basis points to 4.999% on Wednesday before stabilizing.

Figure Technology files for a $508M IPO, while co-founder Mike Cagney secures long-term control and a retention award tied to the company's growth.

US Treasuries retained most of their recent gains as anticipation of Federal Reserve interest rate cuts held firm after the central bank's preferred gauge of inflation matched economist estimates.

President Donald Trump's unprecedented and escalating attack on the Federal Reserve runs the risk of backfiring by hitting financial markets and the economy with higher long-term borrowing costs.

Treasury bonds jumped, widening the gap between short- and long-term yields to the most in almost four years — a typical reaction to a more dovish Fed.

KC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.

Bond traders' big bet that the Federal Reserve is poised to lower interest rates faces a key moment this week as Chair Jerome Powell gets a chance to weigh in on the economy.