Banking

Rising interest rates have cranked up the interest banks are paying depositors. But banks also have a lot of cash stuck in low-interest bonds and loans they made before the Federal Reserve started raising interest rates.

The country's largest bank says it will open more than 500 new branches and renovate another 1,700. That's good for customers, but what's in it for the bank?

Regulators want to make sure banks have enough money on hand to weather wobbles in the economy. Too much risk can ruin a good meal.

Chicago Fed's Austan Goolsbee on the consumer sentiment disconnect, and what happens if interest rates stay high for too long.

When the central bank makes money, it hands it to the Treasury. But now it's losing money as it pays interest to banks on their deposits.

The classic way banks make money rests on three words: net interest income.

And yet banks are loaning out more money than a year ago.

The Senate Banking Committee hearing this week will consider the question of allowing cannabis business owners to open bank accounts for their companies legally.

There is growing confidence that the Fed can pull off lowering inflation without a recession, said Chicago Fed CEO Austan Goolsbee.

Pressure to keep more capital puts constraints on banks, says Laurie Stewart of Sound Community in Seattle.